<blockquote>Welcome to the latest edition of our "Top Ten Popular People Moves" article series, where we delve into the dynamic world of Wealth & Asset Management during the month of July 2023. In this months spotlight, we explore the captivating landscape of this sector, showcasing the most noteworthy individuals who have been making waves across various sub-sectors. From the strategic minds guiding Fund Management to the innovative strategists in Hedge Funds, Private Equity visionaries, Public Fund leaders, and the trailblazers in Wealth Management, these movers and shakers have been shaping the industrys trajectory. Join us as we uncover the impactful transitions, appointments, and changes that have kept the industry buzzing throughout the past month..</blockquote><div> </div><div> </div><h1>1. EFG International AG Strengthens Asia Team for Growth</h1><blockquote>EFG International AG has revamped its Asia Pacific management, appointing new market heads to drive regional growth. Oliver Balmelli becomes the market group head for independent asset managers and international private banking, Timothy Lo for ultra high net worth clients, Jessica Ng for Hong Kong, and Yu Jin Tay for Southeast Asia. Immediate effectiveness to boost EFGs regional growth strategy.</blockquote><div> </div><h1>2. UBS Appoints LH Koh as Head of Asia-Pacific Family Office</h1><blockquote>UBS has named LH Koh as the exclusive Head of the Global Family Office Unit for Asia-Pacific, in an internal restructuring. Koh, previously Co-Head of Global Family and Institutional Wealth, brings a decade-long tenure at UBS and extensive leadership in family office business. Meanwhile, Tommy Leung departs after 20 years.</blockquote><div> </div><h1>3. HSBC Strengthens Middle East Presence with Key Hires</h1><blockquote>HSBC is enhancing its Middle East wealth business by recruiting Patrick DAmic, a former Credit Suisse Strategic Client Partner, and Aladdin Hangari, ex-CEO of Credit Suisse Qatar. The strategic moves demonstrate HSBCs commitment to expanding its Middle East presence and enhancing wealth management capabilities, positioning the bank for continued success in the region.</blockquote><div> </div><h1>4. Dymon Asia Capital Expands Team and Funds Globally</h1><blockquote>Singapores Dymon Asia Capital bolsters its team by recruiting 24 portfolio managers, including former Goldman Sachs MD Jaewon Yu, ahead of a $1 billion fund raise. With $4 billion assets managed, the hedge fund plans a Mumbai office launch to complement its Singapore, Hong Kong, and Tokyo locations. Deputy CEO Kenneth Kan targets 2024 fund raising completion, ramping up efforts internationally from September, including trips to the US, UK, and Japan.</blockquote><div> </div><h1>5. BlackRock Appoints Mandy Lui as Head of Greater China Wealth</h1><blockquote>BlackRock, the worlds largest asset manager, has selected Mandy Lui as the Head of Greater China Wealth. With over two decades of financial services expertise, Mandy will lead BlackRocks expanding wealth operations in the region, overseeing mutual funds, private wealth, and institutional services. This appointment aligns with BlackRocks strategic focus on strengthening its presence in Greater China.</blockquote><div> </div><h1>6. Scotiabank Appoints Jacqui Allard as Group Head of Wealth Management</h1><blockquote>Scotiabank has announced the appointment of Jacqui Allard as Deputy Head of Global Wealth Management, effective from September 1, 2023. She will later assume the position of Group Head on January 1, 2024. Previously at RBC, Jacqui held executive roles, overseeing areas like wealth management solutions, client experience, and strategy. Her extensive experience spans globally across various financial institutions.</blockquote><div> </div><h1>7. Newton Investment Management Appoints Ella Hoxha as Head of Fixed Income</h1><blockquote>Newton Investment Management, a part of BNY Mellon IM, has chosen Ella Hoxha as the new Head of Fixed Income, succeeding Paul Brain. Brain will transition to the role of Deputy CIO of the multi-asset team, retaining portfolio management duties. Hoxha, previously at Pictet Asset Management, will enhance Newtons fixed income offerings, collaborating with the team.</blockquote><div> </div><h1>8. Warburg Pincus Appoints Jeffrey Perlman: Future CEO Successor</h1><blockquote>Private-equity firm Warburg Pincus has named Jeffrey Perlman as president, positioning him to succeed CEO Chip Kaye. Perlman, currently heading Warburgs Southeast Asia and Asia real estate division, will move from Singapore to New York. He will take over from Timothy Geithner, while Geithner becomes chairman. Perlmans selection is based on his investment expertise, global outlook, and alignment with the firms values, ensuring a gradual transition in leadership.</blockquote><div> </div><h1>9. HSBC Swiss Private Bank Strengthens Team for EMEA and Asia Growth</h1><blockquote>HSBCs Swiss private bank is enhancing its team with strategic hires, focusing on the EMEA and Asia regions, including northern Europe and Saudi Arabia. The banks Swiss private banking sector, now HSBCs largest European booking center with $153 billion in assets, has seen substantial growth. Noteworthy appointments include Juan Antonio Roche, head of distribution, and Esty Dwek, head of investment counselors. These moves align with HSBCs aim to expand in Switzerland and bolster its global private banking presence. The bank also leverages its Asian presence to bridge regions, appointing Neil De Sousa and Klara Chan for key roles. Further additions to the team underscore HSBCs commitment to seamless client access to international markets.</blockquote><div> </div><h1>10. Partners Group Appoints Toby Mannock as Managing Director for Australian Private Equity</h1><blockquote>Partners Group, a prominent global private markets investment manager, has named Toby Mannock as Managing Director and Head of Private Equity Australia. In this new role, effective from July 24, Toby brings his extensive background in corporate advisory, institutional finance, and military service to the firm. With experience at ANZ, Renaissance Capital, and British Armys Parachute Regiment, Tobys expertise strengthens Partners Groups capabilities. The firms strategy includes pursuing 1-2 direct private equity investments annually in Australia and New Zealand, under Tobys leadership from Sydney.</blockquote>

BlackRock

Dymon Asia Capital

HSBC

Newton Investment Management

Partners Group

Warburg Pincus

HSBC Private Banking

Scotiabank

EFG International

HSBC Global Banking and Markets

TALNT Insights

Wealth & Asset Mgmt Insights

Top 10 Popular People Moves in the Wealth & Asset Management Sector - July 2023

<div> </div><blockquote>In the fast-paced world of banking, the month of June 2023 witnessed significant developments and notable personnel changes across various sub-sectors. From mergers and acquisitions to equity and debt capital markets, structured finance to corporate banking, the industry experienced a whirlwind of activity. In this article, we will explore the top ten popular people moves that made waves in the banking sector during June 2023. </blockquote><div> </div><div> </div><h1>1. UBS Appoints Michael Ebert as Head of Americas Investment Bank</h1><blockquote>UBS, a global financial powerhouse, has announced the appointment of Michael Ebert as the new head of its Americas Investment Bank division. With this strategic personnel move, UBS aims to strengthen its presence and enhance its operations in the American market. As a seasoned industry professional, Ebert brings a wealth of experience and expertise to his new role. His leadership is expected to drive growth, foster innovation, and deliver exceptional financial services to clients across the Americas. UBS continues to solidify its position as a leading player in the investment banking sector with this significant appointment.... (Read More)</blockquote><div> </div><h1>2. Asif Khan, Global Head of CLOs, Joins Natixis: Industry Experiences Noteworthy Transition</h1><blockquote>Asif Khan, the highly regarded Global Head of CLOs at MUFG, has left the bank to embark on a new chapter at Natixis. With a successful tenure as the Managing Director of Securitized Products at MUFG, Asifs departure signifies a notable industry shift. Natixis gains a seasoned professional with a wealth of experience and strategic insights, setting the stage for a promising future... (Read More)</blockquote><div> </div><h1>3. Mizuho Bolsters Team with Credit Suisse and Deutsche Bank Talent</h1><blockquote>Mizuho, a leading financial institution, strengthens its ranks by hiring Wayne Powless, former Head of Investment Grade Credit Sales at Credit Suisse, and Brian Connors, an accomplished Investment Grade Credit Trader with a tenure at Credit Suisse and most recently at Deutsche Bank. The strategic recruitment reflects Mizuhos commitment to enhancing its expertise in the field and further solidifying its position in the market... (Read More)</blockquote><div> </div><h1>4. Affin Group Appoints Nurjesmi Mohd Nashir as CEO of Affin Hwang Investment Bank</h1><blockquote>Affin Group has announced the appointment of Nurjesmi Mohd Nashir as the new CEO of Affin Hwang Investment Bank Bhd, starting from June 1, 2023. With over 20 years of experience in the banking industry and capital markets, Nurjesmi previously held the position of executive director and head of global corporate bank at JP Morgan Chase Bank Bhd... (Read More)</blockquote><div> </div><h1>5. Barclays Appoints Gulru Atak and Elise Fairbairn for Key Leadership Roles</h1><blockquote>Barclays strengthens its team with the addition of Gulru Atak as Transaction Banking Head of Europe and Elise Fairbairn as Global Head of Liquidity. Elise brings her extensive 30-year career in Institutional Banking, previously serving as Head of Transaction Banking Solutions at Commonwealth Bank of Australia (CBA), where she led specialist sales, client consulting, and data analytics across domestic and international markets... (Read More)</blockquote><div> </div><h1>6. Credit Suisses Southeast Asia Head Joins Jefferies Financial Group in Talent Exodus</h1><blockquote>Rehan Anwer, Southeast Asias investment banking and capital markets head at Credit Suisse, is leaving the Swiss lender to join Jefferies Financial Group. This move reflects a trend of rival banks poaching talent from Credit Suisse, marking a significant shift in the industry. Anwer has resigned from Credit Suisse and is set to make the transition to Jefferies, although plans are subject to change. Both firms have yet to release official statements regarding the departure... (Read More)</blockquote><div> </div><h1>7. Lincoln International Strengthens Tokyo Office with Seasoned Managing Director</h1><blockquote>Lincoln International, a prominent investment banking firm, bolsters its Tokyo office with the addition of Kensuke Nakatsuka as managing director. With over 20 years of M&A experience at Citigroup Global Markets Japan, Nakatsuka will support Tetsuya Fujii, the CEO of Japan, as deputy, marking a significant move in the industry... (Read More)</blockquote><div> </div><h1>8. Credit Suisse AG Appoints Simon Grimwood as New CFO</h1><blockquote>Credit Suisse AG has named Simon Grimwood as its Chief Financial Officer (CFO). Simon, who joined the company in 2016 as the Global Head of Tax, brings extensive experience in tax and finance change. This appointment reflects Credit Suisses commitment to strengthening its financial leadership team... (Read More)</blockquote><div> </div><h1>9. UBS Appoints Mihir Doshi as Head of Operations in India</h1><blockquote>UBS Group AG, a global financial services leader, appoints Mihir Doshi, former CEO of Credit Suisses India unit, as the head of its Indian operations. Doshis extensive experience and expertise in the financial industry make him the ideal leader to drive UBSs growth in Indias dynamic and rapidly expanding market. This move demonstrates UBSs dedication to expanding its presence and seizing opportunities in the Indian market... (Read More)</blockquote><div> </div><h1>10. Barclays Appoints Yuri Shakhmin as Managing Director in Global Industrials Group</h1><blockquote>Barclays strengthens its Investment Banking division by appointing Yuri Shakhmin as Managing Director in the Global Industrials Group, supporting the banks expansion in the UK and Continental Europe... (Read More)</blockquote><div> </div><div> </div>

Barclays

Credit Suisse

Mizuho Financial Group

Natixis

Lincoln International

Mizuho Americas

Natixis Corporate & Investment Banking

Banking Insights

Top 10 Popular People Moves in the Banking Sector: June 2023

<h1>Top 10 Moves within Markets in May 2023</h1><blockquote>Welcome to <strong>TALNT</strong>, your go-to source for the latest updates in the financial world. In this article, we will delve into the top ten popular people moves in the markets sector for the month of May 2023. The markets sector is a dynamic and ever-evolving landscape, encompassing various subsectors such as equities, fixed income and credit, foreign exchange, electronic execution, prime services and brokers, and commodities.</blockquote><div> </div><h1>1. Hedge Fund Veteran Scott Kurtis Joins Meraki Global Advisors as COO</h1><blockquote>Meraki Global Advisors, a leading outsourced trading firm, welcomes Scott Kurtis as their new Chief Operating Officer (COO). In his role, Kurtis will oversee financial, operational, and administrative functions while implementing data-driven processes and technology to enhance efficiency. With a strong background in trading, technology, and risk management, Kurtis brings valuable expertise from his previous roles at Artisan Partners, Harris Associates, Asian Century Quest Capital, Maverick Capital, and Goldman Sachs... <a target="_blank" href=""https://talnt.sh/articles/185929"">(Read More)</a></blockquote><div> </div><h1>2. Morgan Stanleys Head of European Equities Trading Joins Bank of America</h1><blockquote>Nick Laux, the former head of European equities trading at Morgan Stanley, has resigned and is expected to join Bank of America. This follows the departure of Neil Kearns, the former head of Goldman Sachs corporate trading desk in New York... <a target="_blank" href=""https://talnt.sh/articles/187268"">(Read More)</a></blockquote><div> </div><h1>3. Credit Suisse Markets Guru Zoltan Pozsar Departs Amid Staff Exodus</h1><blockquote>Zoltan Pozsar, a highly regarded markets expert at Credit Suisse, has left the bank as part of a wave of staff departures preceding the takeover by UBS. With previous experience at the Federal Reserve Bank of New York and the U.S. Treasury, Pozsar served as Credit Suisses global head of short-term interest-rate strategy. The merger between UBS and Credit Suisse was orchestrated by Swiss authorities, with UBS acquiring Credit Suisse for 3 billion Swiss francs in stock... <a target="_blank" href=""https://talnt.sh/articles/183215"">(Read More)</a></blockquote><div> </div><h1>4. Marex Appoints Rob Irvin as Chief Financial Officer</h1><blockquote>Global financial services platform Marex announces the appointment of Rob Irvin as their new CFO. Irvin, previously the Global CFO for HSBCs Private Bank, brings a decade of experience from HSBC, including his role as CFO of HSBCs Investment Bank. As CFO of Marex, he will report to Group CEO Ian Lowitt and join the companys Board, while Paolo Tonucci transitions to Chief Strategist and CEO of the Capital Markets business... <a target="_blank" href=""https://talnt.sh/articles/183989"">(Read More)</a></blockquote><div> </div><h1>5. Barclays Names Yun Zhang as Head of Macro Trading for Asia-Pacific</h1><blockquote>Barclays Plc appoints Yun Zhang as the sole head of macro trading for Asia-Pacific, aiming to enhance revenue from structured products sales. Zhang, who currently leads the banks structured rates business and holds other key positions, will take on the additional responsibility as outlined in an internal memo confirmed by a spokesperson. This move reflects Barclays commitment to fostering female leadership in global markets in Asia... <a target="_blank" href=""https://talnt.sh/articles/182034"">(Read More)</a></blockquote><div> </div><h1>6. Barclays Top FX Trading Executive in Asia-Pacific Departs</h1><blockquote>James Hassett, a prominent foreign exchange (FX) trading executive at Barclays in Asia-Pacific, has left the UK bank after over 17 years. Throughout his tenure, Hassett held several senior FX positions in London, Singapore, and Sydney, including global head of FX forwards and non-deliverable forwards trading, head of FX trading, and head of emerging markets (EM) macro trading. His departure marks a significant change in Barclays FX leadership in the Asia-Pacific region... <a target="_blank" href=""https://talnt.sh/articles/185705"">(Read More)</a></blockquote><div> </div><h1>7. ANZ Appoints Son Pham as Head of Markets, Vietnam</h1><blockquote>ANZ announces the appointment of Son Pham as the Head of Markets in Vietnam. Son brings with him 24 years of experience from Deutsche Bank, where he held senior leadership roles in Markets, Corporate Banking, and Transaction Banking. Previously serving as the Head of Fixed Income and Currency, Vietnam at Deutsche Bank, Sons extensive leadership and market expertise make him a valuable addition to ANZs Markets team in Vietnam... <a target="_blank" href=""https://talnt.sh/articles/189602"">(Read More)</a></blockquote><div> </div><h1>8. State Street Names Patricia Hostin Global Head of Agency Securities Lending</h1><blockquote>State Street Corporation appoints Patricia Hostin as the global head of Agency Securities Lending. In her new role, Hostin will oversee the business worldwide, collaborating with key business lines to provide State Streets securities lending solutions. Reporting to Gino Timperio, the global head of financing solutions for State Street Global Markets, Hostin will drive the growth and success of the Agency Securities Lending division... <a target="_blank" href=""https://talnt.sh/articles/184705"">(Read More)</a></blockquote><h1><br>9. BNP Paribas Securities Services Appoints Co-Heads for Asia-Pacific Financial Intermediaries & Corporates</h1><blockquote>BNP Paribas Securities Services announces the appointment of Hugues Williamson and Mark Wootton as co-heads of the financial intermediaries and corporates (FI&C) client line in Asia Pacific. Effective immediately, Williamson will be based in Hong Kong while Wootton will be located in Sydney. Both co-heads will report to Franck Dubois, the APAC head of securities services, and Bruno Campenon, the global head of FI&C client line. This strategic move strengthens BNP Paribas focus on serving their FI&C clients in the Asia-Pacific region... <a target="_blank" href=""https://talnt.sh/articles/188724"">(Read More)</a></blockquote><div> </div><h1>10. Pacific Oak Capital Markets Appoints Derek Mazza as Regional VP for Northeast Territory</h1><blockquote>Financial services industry veteran Derek Mazza joins Pacific Oak Capital Markets as the regional vice president for the Northeast Territory. With over 18 years of experience, Mazza brings extensive expertise in various alternative investments, including REITs, private equity, infrastructure, BDCs, credit, DSTs, and qualified opportunity zones. Previously serving as a senior vice president at Cantor Fitzgerald, Mazza led sales efforts in New England and Upstate New York. His diverse background also includes positions at Realty Capital Securities, Boston Capital, and Fidelity Investments. His appointment reinforces Pacific Oaks commitment to expanding its presence in the Northeast region... <a target="_blank" href=""https://talnt.sh/articles/187377"">(Read More)</a></blockquote><div> </div><div> </div><div> </div><div><br></div>

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Top 10 Popular People Moves in the Wealth & Asset Management Sector - July 2023

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