Keep on top of your
market by tracking the latest executive moves

Our data and people analytics platform, provides cost and time savings on your market research, supports your corporate strategy and ensures you stay on the cutting-edge.

People Moves & Insights

Take a closer look at the latest executive moves and gain deep insights into the trends and key themes that are shaping global markets.
A Year in Review - Wealth and Asset Management Sector Senior Moves, 2022
Wealth management and fund management appointments have been on the decline since peaking in June, led by a drop in wealth management hires in the USTALNT is Sheffield Haworth's proprietary AI-driven platform for tracking executive moves, which gathers and analyses all publicly-announced senior moves sourced from 3000+ reputable public sources around the globe.This inSights report reviews all the senior moves within the wealth and asset management sector globally and by region in 2022. It also reflects a data update that we carried out in the last few weeks, where we revised previous figures from last year to reflect a more accurate view of the data.Steady decline in wealth management, fund management and PE senior hires seen since June/JulyTALNT.SHAs the above chart shows, the sub-sectors of Wealth Management, Fund/Asset Management, and Private Equity followed a very similar trajectory throughout the year. The wealth management sub-sector saw the highest volume of senior hires since April, driven mostly by activity in the US market.The sudden uptick in fund management senior hires in June was driven by the European markets, while data for APAC was relatively lower for all sub-sectors. Senior hires in the PE sub-sector peaked a little later in the year but then also followed the same downward trend. The dominance of the wealth management sub-sector in the industry?s overall senior hire numbers can be seen by the huge regional bias in the chart below. TALNT.SHThe regional chart shows that the Americas consistently hired more senior leaders than any other region. As we can see in the chart below, most of the wealth management senior hires were in the US, which shows the dominance of that subsector in terms of the overall numbers.TALNT.SHTurning to fund management, we can see that, conversely, EMEA saw the biggest number of senior hires overall, with Americas coming second:TALNT.SHPrivate Equity senior hires in 2022 were once again dominated by Americas, although even here there a sharp drop off from October onwards where the earlier parts of the year had shown a good deal of robustness in the face of rising interest rates and the consequent slowdown in market investments. TALNT.SHUBS tops the table for most hires - with most of these within wealth management in the USTALNT.SHSwiss bank UBS comes out top of the top 10 companies in the sector hiring senior talent this year - and by quite some way. Again, this was due to the higher numbers seen in the wealth management sub-sector: TALNT.SHAs we can see by the chart below, the top 10 companies with the most senior hires in fund management in 2022 was much closer. It also shows that UBS hired significant numbers not just in their wealth management business, but in fund management too.TALNT.SHMeanwhile, Franklin Templeton and BlackRock made the most senior hires, though the numbers remain significantly lower than in wealth management.TALNT.SHIn Private Equity, although the number of senior hires in 2022 was actually lowest in this sub-sector, KKR came way out on top. Indeed, KKR alone appointed 4% of the total senior hires in the entire sub-sector.UBS tops the table for most hires - with most of these within wealth management in the USWhen it comes to the most popular senior roles being hired in 2022, CEO came out overwhelmingly as the top choice, with CIO coming in second in every sub-sector besides Private Equity, where COO and CFO came in joint second:TALNT.SHIt?s also nice to see Head of ESG be so high, given several years now in the industry of talking up its importance, and particularly of sustainability.TALNT.SHChief Sustainability Officer made the top 10 most hired functions within Wealth Management (see chart above).TALNT.SHCompliance saw a slight increase in senior hires within Private Equity:TALNT.SHGender diversity in Wealth and Asset Management was a mixed bag in 2023Wealth and Asset Management has a traditional reputation as a bastion of male employment that is unwelcoming to women. Certainly, the gender diversity figures for 2022 senior hires across the sector are not impressive, with an average of one in four senior roles going to women last year:TALNT.SHThe chart below shows how the split went month-by-month. TALNT.SHThis is a trend we see repeated at the regional level, which shows fairly clearly in each region that the number of female hires tend not to rise at the same proportional as male hires:TALNT.SHLooking at how the top 10 companies scored on gender diversity, only five of the top 10 firms hired 25% or more women in senior roles:TALNT.SHRanked by percentage, the top five firms for gender diversity are:BNY - 50% femaleJP Morgan - 37% femaleUBS -35% femaleFranklin Templeton - 32% femaleFirst Republic Bank - 25% femaleTALNT.SHDoing the same exercise with the most popular senior roles, we see a slightly healthier gender split. That said, it?s still the case that fewer than 1 in 4 CEOs hired in 2022 were women. Ranked in order in terms of percentage of women hired, the most popular senior roles look like this:Head of Distribution - 44% femaleHead of ESG - 42% femaleCFO - 35% femaleCOO - 34% femaleVice Chair - 31% female CIO - 26% femaleHead of Fixed Income - 25% female CEO - 24% femaleHead of Wealth Management - 22% femaleChair - 18% femaleOf all the sub-sectors, Wealth Management actually scored the lowest average for senior women hired in 2022:TALNT.SHTALNT.SHFund Management scored the highest for gender diversity in 2022, buoyed by higher numbers of female hires in the Americans and APAC. Note, however, that the overall figures was pulled down by the lower proportion in EMEA - the region that did the most hiring of senior leaders in Fund Management in 2022. TALNT.SHTALNT.SHDespite its macho and male-dominated image among the three sub-sectors, Private Equity actually scored slightly better than Wealth Management in terms of gender diversity. TALNT.SHTALNT.SH
Energy Senior Moves, September - December 2022
Energy and mining firms lead senior hiring trends downwards in October and November, with most activity in the AmericasTALNT is Sheffield Haworth's proprietary AI-driven platform for tracking executive moves, which gathers and analyses all publicly-announced senior moves sourced from 3000+ reputable public sources around the globe.This inSights report reviews all the senior moves within the energy sector globally and by region. US region dominates senior hiring trends in 2022TALNT.SHAs the above chart shows, expansion in the energy sector this year has led to an increase in board rotations and new hires in the Summer, with another peak in October, after which the number of moves has trended sharply downwards. This is expected for the Christmas period, so it will be interesting to see how this trend continue in the New Year. TALNT.SHThis chart shows that the hiring trends in Energy are dominated by activity in the US market, with numbers in EMEA and APAC being far lower. This chart shows that while Energy hires peaked in the early Summer, they experienced a second peak in October, alongside Mining. The downward trend in both of these sub-categories dominates the overall figures across the sector. Utilities and renewable companies already have staff and very little need to hire huge numbers to add value. New Energy firms, by contrast, are more reliant on tech and have lower staffing levels, and this is reflected in the trends we see above.The companies that have been hiring the most senior talent in the sector is fluid. As we can see from the charts below, the top 10 companies with the most senior hires this year is very different from the top 10 last year, with no obvious pattern:TALNT.SHGender diversityAll firms recognise the importance of gender diversity, but the extent to which this is reflected in senior hires is an interesting question.Overall, as we can see from the pie charts above, roughly 26% of senior hires have been female between January and September 2022, with APAC showing the smallest proportion. However, the pie charts below shows that the sector has gone backwards in the last three months in terms of gender diversity:TALNT.SHWe can see this same trend depicted over the time series chart below, where the gender gap clearly widened in October and November as the overall number of hires increased.Looking at the charts below, we can see a small decline in gender diversity in the top ten roles hired for over the last three months compared to January ? September:TALNT.SHTop 10 moves in the energy sector for the year 2022Of all the senior global energy sector moves tracked in 2022, the ones that received the most interest from our subscribers on TALNT were: Andrea d'Agostini, who was appointed President and Chief Strategic Officer at OriginClear in February.Tonya Berry, who was appointed Senior Vice President of Transformation and Engineering at CMS Energy in February. Karin Wittsell Heydl, who as appointed Head of Communication, Sustainability and IT at Eolus in March.Rasmus Keglberg Hærvig, who was appointed as Head of Investor Relations at Ørsted in April.Laura Nelson, who was appointed Vice President of Sustainability and Public Policy at Southwest Gas Corporation in May. Carine Clark, who joined Lumio as Chief Innovation Officer in August.Celia Fanning, who was appointed Chief Accounting Officer and Controller at Capstone Green Energy in September.Helena Nonka, who was appointed Group Director of Strategy and Business Development at Anglo American in October. Matt Crane, who was appointed Head of Natural Resources and Energy at BDO in November. Julio Fournier Fisas, who was appointed Chief Growth Officer at Enfinity Global in December.If you would like to talk to Sheffield Haworth about your talent needs in the energy sector, please reach out to Damian Goodburn, Managing Director, Energy and Natural Resources Practice: goodburn@sheffieldhaworth.com 
logo
Sign up to tailor moves and insights that matter to you.

Top Industry Movers

23 January 2023 - 29 January 2023
Wealth & Asset Mgmt
MALE
FEMALE
44
Arriving
3
Leaving
+41
Insurance
MALE
FEMALE
17
Arriving
1
Leaving
+16
Consumer
MALE
FEMALE
18
Arriving
2
Leaving
+16
Software
MALE
FEMALE
11
Arriving
0
Leaving
+11
Tech Services
MALE
FEMALE
11
Arriving
0
Leaving
+11
FinTech
MALE
FEMALE
10
Arriving
0
Leaving
+10

The TALNT Difference

Intelligent

Intelligent

Save time, with instant access to 100s of authenticated data sources on one platform

Intuitive

Insightful

Get high value people moves insight by industry, company, topic, role, or individual

Insightful

Intuitive

Built by talent consultants to track top talent moves, TALNT is easy and intuitive to use

What Our Users Say

I read the TALNT email everyday- 90% of the time it tells me about moves I’m not aware of. Great tool to keep touch with the market.
COO, Fintech
TALNT could save PE firms a ton of money as a search tool, they spend millions $$ a year on ‘expert networks’ to get smart on companies and sectors( pre/post investment) often connecting with senior execs who have departed companies.
Advisor, Private Equity
Providing information on key people moves is a great idea. I haven’t heard of any other platform doing this
Head of Debt Capital Markets, European Investment Bank
Start receiving tailored moves and insights about the people shaping the markets and industries that matter to you.