GAM has named Peter Sanderson its new Chief Executive Officer effective September. Sanderson most recently served as a managing director at Blackrock, where he held the role of head of financial services consulting in Europe, the Middle East, and Africa.
Deb Boyden has been appointed as Head of U.S. defined contribution at Schroders. Prior to this, she was a senior vice president of defined contribution, national accounts at Lazard Asset Management.
Artemis US equities lead manager Stephen Moore is leaving the firm in September. Co-manager William Warren will take over as fund manager.
High yield Portfolio Manager Hozef Arif is stepping down from his role at Pimco after 11 years.
Portfolio Manager Matthias Priebs has left Vontobel. Priebs used to manage the Vontobel Fund II – Sustainable Water fund.
Colchester Global Investors has appointed Paul Allen to lead the firm’s newly opened office in Dubai. Allen has relocated to Dubai from Singapore where he was assigned to open the first office in Asia.
Citigroup is said to cut hundreds of jobs from its global markets business, particularly its equities and fixed income divisions. As a result, the bank is merging its equities business with its prime brokerage unit serving hedge funds. The combined unit will be called equities and securities services which will be led by Dan Keegan, Okan Pekin and Murray Roos.
IBD / Capital Markets
Former JP Morgan Benjamin Rouah has joined CBRE Capital Advisors as Executive Director and Head of Strategic Advisory across Continental Europe. Rouah developed the real estate investment banking division at JP Morgan in France and Belgium, and has solid experience in domestic and cross-border M&A, restructuring, sale and leasebacks and IPOs.
Simmons Energy, a division of Piper JaffraySM, has promoted Spencer Rippstein, Andrew Schroeder and Sanjiv Shah as Co-Heads of energy investment banking.
Simona Fumagalli has been appointed as Head of International Financial Lines for Europe at AXA XL.
Markel International has named Chris Burgess its new Head of Cyber Team in London.
Back / Middle Office
Richard Webb has been appointed as Head of Technology at Dolfin, an independent wealth management platform. Webb will be responsible for the firm’s technology and infrastructure strategy and lead the development of its digital wealth management offering.
Ex-Berkshire Hathaway Lily Chen has joined BF&M Limited as Group Chief Financial Officer. In this role, she will oversee the firm’s reinsurance businesses in the US, Canada, UK, Europe, the Asia Pacific region and the Caribbean. Chen served as divisional CFO and chief administrative officer at Berkshire Hathaway Group.