Standard Chartered
StanChart’s regional chief executive for Asean and south Asia, Ajay Kanwal, has resigned from his role with immediate effect following his failure to meet the bank’s disclosure standards.
In a statement Kanwal said: “After careful deliberation, I felt that some of my internal disclosures about my historical personal investments in businesses outside the bank did not meet these very high standards.”
Subject to regulatory approval, Anna Marrs will take on Kanwal’s role, in addition to her current position as chief executive for commercial and private banking.
Friends Provident International
FPI, part of Aviva group, has named Kevin Stone as regional sales director based in Singapore. Reporting to Andrew Waddell, Stone will lead the sales function and oversee all key strategic relationships with intermediaries, including IFAs, international brokers, and third party distributors in Singapore.
Stone brings with him extensive experience and a strong track record in advice-based distribution in several markets. He was previously managing director of Charter Financial Planning, Australia’s second largest financial advisory firm. He also held senior roles with Axa, both in the UK and Australia, as well as AMP.
Aviva
Aviva has hired former Facebook and Google communications chief, Stefano Hesse, as its new global digital communications director.
Hesse joined Aviva in the newly created role in early November.
Aegon
Aegon announced today that its supervisory board intends to nominate Matthew J. Rider as chief financial officer and member of the executive board. Once granted regulatory approval, Rider will replace Darryl Button and will start on 1 January 2017.
Rider joins Aegon after a sabbatical following over 25 years in various roles within the financial services industry. He was a member of ING’s management board insurance until 2013, having previously served as chief financial officer for ING Insurance and as head of product development for ING’s US retail annuity business.
Pacific Investments
Matthew Lamb, previously global head of liquid alternatives at Deutsche Asset Management, has joined Pacific Investments to head up Pacific Asset Management.
Lamb, who was also previously was GAM, is one of a number of senior hires that will be announced over the coming months.
Lombard Odier
Lombard Odier Private Bank has appointed Mike Edlinger as senior portfolio manager as the firm continues to expand its presence in the UK. Edlinger joins Lombard Odier after 20 years at Coutts & Co, where he was head of ultra-high net worth portfolio management.
At Coutts, he was responsible for investing both onshore and offshore global discretionary and advisory portfolios, across all major asset classes and regions. He was also a permanent member of the investment committee that determined tactical asset allocation strategy.
