BlackRock has announced its new Head of China. Tony Tang will join the global asset management company in July 2019. He is also set to join the firm’s Asia Pacific Executive Committee. Most recently, Tang was CEO of GF Securities.
Stewart Bennett joins BMO Global Asset Management as its new Global Head of Alternatives. In this newly-created role, Bennett will develop the global alternatives operations, which covers private equity, real estate and real estate securities businesses.
Director of Strategic Partnerships Mike Woollatt has left Ontario Municipal Employees Retirement System (OMERS) after five months. He recently joined Hamilton Lane to lead the firm’s new Toronto office. His new role at Hamilton Lane also include performing as a principal on its co-investment and fund investments teams and leading the firm’s work with the Canadian government’s Venture Capital Catalyst Initiative.
Paul Nicholson has joined Orchard Street as a Retail Asset Manager. In this capacity, he will be responsible for the firm’s retail portfolio, mainly comprising of dominant retail parks and ‘bulky goods’ anchored outlets, including implementation of business plans, and managing tenants and driving income performance. Nicholson used to work at Savills where he spent the past 11 years.
Private Banking / Wealth Management
Wilmington Trust has added two senior advisors to its wealth management team in Buffalo. Carol Stymiest joined as a Wealth Investment Advisor and Thomas Waters was hired as a Senior Private Client Advisor. Stymiest previously worked at First Citizens Bank in North Carolina as a portfolio strategist. Waters held the post of senior institutional defined contribution strategist at Franklin Templeton Investments.
IBD / Capital Markets
Macquarie Capital has named Mark Buchanan as Managing Director and Head of North American Family Office Coverage. Buchanan brings with him 20 years of experience in advising public and private clients on strategic transactions such as mergers and acquisitions, debt and equity capital raisings, financings, as well as principal investing. Prior to joining Macquarie, he led a family office franchise at BMO Financial Group, where he was a Managing Director focused on private enterprises.
Allianz PNB Life Insurance has promoted Alexander Grenz to President and Chief Executive Officer. Grenz replaced Olaf Kliesow who is taking on a new role as Global Head of Rewards & Performance. Prior to the promotion, Grenz spent the last three years as Chief Operating Officer of the firm.
Former Tokio Marine Kiln Alastair Blundell has joined British Insurance Brokers’ Association (BIBA) as Head of General Insurance. Most recently, he was head of distribution at Tokio Marine Kiln Group.
Paul Williams has been appointed as Head of Underwriting UK, Corporate Risk at HDI Global SE. He will manage the continuing growth of the corporate risk portfolio out of four regional hubs; Manchester, Birmingham, London and Glasgow.