RBC Global Asset Management has announced plans to strengthen its commitment to responsible investing and impact investing in the United States, by establishing two new senior management roles. Ron Homer, Managing Director, Institutional Portfolio Manager and President, Access Capital Strategies has assumed the new role of Chief Strategist of Impact Investing for the US and Catherine Banat, Institutional Portfolio Manager has assumed the new role of Director of Responsible Investing in the US.
Nikko Asset Management has appointed Clive Paine as its UK Business Development Director. He was previously an Institutional Sales Director at Jupiter Asset Management.
UniCredit has appointed Siow Chin Yeo as new Head of Global Transaction bBanking for the Asia Pacific region. She moves from her role as Head of Asia Trade Finance.
IBD / Capital Markets
Barclays has appointed David Parrot as Managing Director and Head of Barclays’ US West Coast Biotech Banking franchise. He was most recently Head of Life Science Investment Banking at SunTrust Robinson Humphrey.
Greenhill & Co., Inc, has appointed Dacre Barrett-Lennard as a Managing Director and Co-Head of EMEA Financing Advisory and Restructuring. He was most recently a Managing Director at Rothschild & Co in London.
BNP Paribas Securities Services, has appointed Thorsten Gommel as Head of Germany and Austria. He was previously Head of PricewaterhouseCoopers’ Asset and Wealth Management sector in Germany.
Oliver Corbett, Group Chief Financial Officer of Hyperion Insurance Group, will leave the company at the end of December. Richard Houghton joins as interim Group CFO and will undertake a full handover from Corbett.
Everest Re Group has appointed Kevin Pinto as new Chief Underwriting Officer of Everest Insurance Company of Canada. He was most recently CUO for Travelers Canada.
American International Group’s Chief Data Officer Leandro DalleMule has joined insurtech startup Planck Resolution as General Manager, North America.
Axa XL has appointed Etienne Champion, formerly Chief Operating Officer of Axa Corporate Solutions in Asia, as Head of Underwriting Asia for its international reinsurance business.
Tokio Marine Kiln has appointed Jamie Tang as a Property Underwriter in Singapore.
Reinsurance, wholesale and specialty broker Ed has appointed Andrew Draycott as CEO-designate of Ed Broking in London. Steve Hearn, currently group CEO of Ed Broking will become head of BGC’s insurance division.
RFIB Group Limited, has hired Kevin Stratton to lead its specialty business as Managing Director.
Private Banking / Wealth Management
Morgan Stanley advisor Arturo Montemayor has left the firm after roughly a year and a half to join JP Morgan’s New York office.
UBS is changing up its executive leadership and structure, promoting some longtime veterans and creating two new divisions; Brian Hull, Head of the firm’s wirehouse brokerage unit, becomes Vice cChairman Americas; Jason Chandler has been promoted to fill Hull’s position; Bill Carroll will serve as Divisional Director of the firm’s New York Metro division, and continues in his role overseeing the Wealth Advice Center, based in Weehawken, New Jersey.
Wells Fargo has lost four advisors overseeing about $539 million in assets under management to regional brokerages Stifel and Janney Montgomery Scott; including Sheldon Ferriss; George Walton, Keith Creech and David Ferneding.
Credit Suisse has hired Eric Kang, a banker who will drive South East Asian business momentum by growing and strengthening the firm’s relationship with clients and stakeholders, as Vice Chairman Private Banking Southeast Asia.
Ben Waterhouse, former Head of UK Retail Sales at Fidelity, is returning to the UK in 2019 after two years in Singapore, and has taken up a new role as Global Head of Intermediary Distribution – Digital Wealth.