Daily People Moves – 16 July

Tracking career moves of financial services execs

Asset Management

Causeway Capital Management has hired Mark D Osterkamp as Head of Global Institutional Sales and Marketing. He moves from BMO Global Asset Management where he was Managing Director, Head of Institutional Sales and Client Service.

Bob Boyda will retire from Manulife at the beginning of 2019 after 25 years with the firm.

APG Asset Management has appointed Frank van Weegberg as Senior Strategist.  He returns to APG after being in the same role from 2003 to 2008. He moves back from Achmea Investment Management where he was a Senior Investment Strategist.

John Pickard, Investment Head at Martin Currie will exit the firm as a result of changes to the investment team leadership model.  The new structure places the heads of the respective strategies placed at the centre of the business.

Amundi’s Head of Equities, Diego Franzin, is the latest high-profile departure from the recently merged asset manager.

IBD / Capital Markets

HighTower, has hired Marc Cabezas as new Head of Mergers and Acquisitions. He was previously Vice President and Head of Corporate Development at Edelman Financial Services.

HSBC has appointed Amitabh Malhotra as the India Head of Investment Banking Practice, replacing Sunil Sanghai,nearly a year after his resignation. Malhotra, was Rothschild India’s co-Head and MD.

First Abu Dhabi Bank has appointed Mohanad Al-Borno as Head of Corporate and Investment Banking for the UAE.


Markel Corporation has appointed Robert Cox, former Chief Operating Officer at Chubb, to the newly created position of President and COO, Insurance Operations.

Manisha Seewal, Head of Marketing at Tokio Marine Life Insurance Singapore, is leaving the company.

Zurich Insurance Co has named Enrico Bertagna as Head of Managing General Agents Network for Commercial Insurance.

Private Banking / Wealth Management

Citigroup Inc. has hired advisers from Bank of America Corp. with Lance Bylow and Morgan Dever joining in New York next month. Bylow joins as an MD and Dever as a Senior Vice President.

Fidelity International has poached Johann Santer from Julius Baer to fill a new Asian position, Head of Private Banking Business, Asia ex-Japan.

Rob Ioannou, MD and Head of International Client Coverage at DBS Private Bank has also been given responsibility for Wealth Planning and Insurance Solutions.

LGT has added two more bankers to its Thai team, with Karn Karuhadej and Lalitta Prachakit joining from Morgan Stanley.

Barclays Wealth Management has appointed Graham Nicoll to manage and drive forward the wealth management business across the Midlands, North, West and Wales, Scotland and Northern Ireland. He re-joins from KPMG where he spent three years advising entrepreneurs and SME management teams across a range of industries about how to combat both operational and strategic challenges.

Private Equity / Direct Investment

The Carlyle Group has appointed Minoru Koshibe, formerly Executive Vice President of Mitsui Chemicals Inc, as a Senior Advisor to Carlyle Japan’s advisory team.

Sellside – Sales; Trading; Structuring; Research

Deutsche Bank has named Richard Chung as Head of Equities for the Asia-Pacific region, replacing James Boyle who resigned earlier this month.