Legal & General Group has appointed Michelle Scrimgeour as the new CEO of its €1.1trn asset management arm, succeeding Mark Zinkula who announced his retirement in May 2018.
Mediolanum Asset Management, has appointed Charles Diebel as its new Head of Fixed Income Strategy. He was most recently Global Head of Rates at Aviva Investors.
RAM Active Investments SA has opened an office in Milan and appointed Gianluca Carnevale Garè as Head of Sales Retail Italy. He joins from Sempione SIM.
IBD / Capital Markets
Kotak Mahindra Bank has appointed Soumitra Acharya as new HR lead for its investment banking division. He was previously with Standard Chartered.
Marco Lim,a former Goldman Sachs executive, has joined MaiCapital as a Managing Partner.
Kurt Schreiber, CEO of JLT Hong Kong and Macau, is set to leave this summer after only 18 months in the role.
QBE Raheja’s Praveen Gupta is set to depart from the Mumbai-headquartered property-casualty insurer at the end of March.
Private Banking / Wealth Management
Evercore Wealth Management has appointed Michael Kirkbride as a Managing Director and Portfolio Manager. He joins from Fieldpoint Private.
First Republic Bank, has named financial services executive Jake Lamarine, Regional Managing Director with responsibility for the banks lending and relationship management in Jackson, Wyoming.