Deutsche Bank Wealth Management
The bank has named Claudio de Sanctis as global head of wealth management.
He succeeds Fabrizio Campelli, who joins the group management board as chief transformation officer.
De Sanctis was previously head of wealth management in Europe and is also chief country officer of Switzerland, a role he will retain.
Elsewhere, Gregor Hirt has joined the bank as global head of wealth discretionary.
He will be based in Frankfurt.
Hirt joins from Vontobel, where he was head of multi-asset solutions and chief strategist for the group.
It has also hired Marwa Alani as head of the London Middle East desk.
Alani joins from Emirates NBD, where she was the head of UAE and GCC private banking team.
PGIM Investments
Ray Ahn joins the firm as global chief marketing officer.
Most recently with Capital Group/American Funds, Ahn will lead the marketing strategy and marketing team expansion for the retail intermediary channels in the US and internationally.
Also, with more than 30 years of financial services industry experience, Indy Reddy joins Pgim Investments as global chief technology and operations officer.
Reddy previously served as global head of technology and operations for Citi Private Bank & Personal Wealth Management.
Elsewhere, Jim Devaney has taken on the role of US head of distribution, expanding his responsibilities to include both US intermediary sales and US national accounts.
The US national accounts team was previously led by Kimberly LaPointe, who has become head of Pgim Investments International and has relocated to London.
Aviva
The insurer has named Danielle Harmer as chief people officer.
She will join the UK insurer in February 2020 and become a member of the Aviva leadership team.
Harmer joins from Metro Bank, where she was chief people officer for more than seven years.
Seven Investment Management
The firm’s chief financial officer of 18 years Charles Sparrow will leave the business next year, making him the third of the original seven partners out the door in the past year.
A filing from Companies House dated last week confirms Sparrow was terminated as corporate secretary on 11 October.
While his Linkedin profile has not been updated, his biography has been removed from 7IM’s website.
After his departure, 7IM head of corporate development Justin Urquhart Stewart is the last of the firm’s original seven founders remaining.
A spokesperson for the firm confirmed Sparrow would be departing on 4 April 2020.
Our sister publication Portfolio Adviser has also learned that the DFM’s head of marketing Jane Routledge has left the business.
A spokesperson for 7IM confirmed she had left the business following the completion of a “wide strategic review”.
Routledge has worked in her role for the last eight years.
Prior to that, she was head of communications at Hermes and also worked at Invesco as its head of relationship management for six years.
Heartwood Wealth Management
Tracey Davidson has been named deputy chief executive of Heartwood Wealth Management’s parent group Handelsbanken.
She has been chief executive of Heartwood since July 2014 and will now become chairman of the UK wealth firm, taking over from Michael Broom, who will remain on the board as a non-executive director.
Simon Dixon, head of Handelsbanken Wealth Management, will take on the position of acting chief executive, while a recruitment process is undertaken.
The Association of International Life Offices
It has appointed Mark Armstrong of Prudential International as chairman.
He has been acting as interim chair since Bob Pain took over the role of chief executive following the retirement of Alan Morgan-Moodie in 2018.
Conor O’Mahony of Octium Life DAC has been named treasurer, while the members’ representative (Luxembourg) will be Christian Mass Malo of La Mondiale Europartner.
Charlotte Barham of Utmost Wealth Solutions will become members’ representative (Isle of Man).
Cult Wines
The fine wine investment manager has appointed Kazuaki Takabatake as commercial and strategy director of Asia Pacific.
Operating from the Singapore office, Takabatake will be taking the lead across the region to develop and implement commercial opportunities and strategic focus.
Prior to joining Cult Wines, he was managing director of forex trader and brokerage Oanda Apac.
