After WH Ireland’s boss Richard Killingbeck resigned in July, as the company reported annual losses of £1.6m ($2.1m, €1.8m), the wealth management firm has appointed Phillip Wale as its chief executive with immediate effect.
Killingbeck’s resignation followed the departure of the group’s head of wealth management, Roddy Buchanan, who left the firm a week before.
Wale left his position as head of fixed income at Cantor Fitzgerald Europe and joined WH Ireland in July as acting chief executive before landing the top job.
Global asset manager Russell Investments has named Chris Davies as its head of UK distribution for retail and wholesale. With over 30 years’ experience in the industry, Davies will oversee the company’s intermediary business in the UK.
His appointment will also see the introduction of Russell Investments’ Dublin-based Sicavs to the UK professional investor market. Davies was previously head of the UK & Ireland sales team for Candriam Investors Group and head of wealth service and personal investing of Fidelity Worldwide.
Amundi, one of Europe’s largest asset managers, has promoted Philip Philippides to head of third party distribution for the UK. He was previously head of ETF and indexing sales for UK and Ireland. The position will be based in London.
Philippides joined Amundi in 2014 after starting his career in private wealth management in 1997 at Old Mutual. Before joining Amundi, Philippides has worked for Morgan Stanley and Blackrock, as well as being a consultant for two years.