Schroders
The asset management giant has announced chief financial officer and director Richard Keers has decided to retire.
Keers will leave Schroders on 31 December 2023.
Richard Oldfield will succeed Keers as both chief financial officer and as a director of the company on 2 October 2023.
Oldfield is currently vice chairman and global markets leader at PricewaterhouseCoopers (PwC) leading all market-facing activities, initiatives, and strategy.
Also, Schroders has hired Iain Mackay as an independent non-executive director, effective 1 January 2024.
He will also join the audit and risk committee and the nominations committee. Mackay is currently chief financial officer at GSK plc and was previously chief financial officer of HSBC Holdings.
Nucleus
The wrap platform has named Laura Barnes as director of business development.
She joins from Parmenion, where she was head of intermediary distribution for almost three years with responsibility for sales strategy and growth.
Royal London
The UK life, pensions and investment mutual has appointed Ronnie Binnie as head of strategic partnerships. He will be based in Edinburgh.
Binnie joins from Evelyn Partners, where he was managing partner and head of office, Edinburgh and Aberdeen.
Lombard Odier
Amer Malik has been named local managing director of the bank’s Dubai office.
He has over two decades of experience working for financial institutions in the US and the Middle East, including Julius Baer and HSBC Private Bank.
Pictet
The wealth manager has appointed Raymond Sagayam as its 47th managing partner in the 218-year history of the firm, effective 1 January 2024.
Sagayam joined Pictet Asset Management (PAM) in 2010 as head of total return fixed income. He was then appointed chief investment officer of fixed income for PAM and a member of its executive committee in 2017.
In addition to these responsibilities, he was named equity partner of the group in 2018 and head of PAM London in 2022.
Impax Asset Management
The specialist asset manager has named Yasumitsu (Yasu) Iwasa as head of Japan.
Prior to joining Impax in March 2023, he was head of Japan at Fullerton Fund Management, an asset management arm of Temasek Group.
Jupiter Fund Management
Non-executive chair Nichola Pease has stepped down with immediate effect.
Pease has quit for personal reasons, according to a stock exchange announcement on 26 April.
She has been replaced in the role by David Cruickshank, independent non-executive director and chair of the audit and risk committee.
Karl Sternberg will step in to act as interim chair of the audit and risk committee, while Roger Yates will join it. The appointments remain subject to regulatory approval.
Jupiter said at least one new independent non-executive director will be added to the board at a later date.
Knight Frank
Henry Faun, head of the firm’s private office in the Middle East, has relocated to London.
Faun will continue in his current role as head of the region but will now be based out of Knight Frank’s headquarters, travelling frequently into the Gulf to serve his clients from the Middle East.
Knight Frank will continue to have a private office presence in the Middle East with associate partner Paul Sacco based in Dubai.
Excello Law
Katie Brassington has joined the national consultancy law firm based in Chester.
Qualifying in 2004, Katie has over 18 years’ experience advising individuals, families, trustees and business owners across Cheshire and north Wales.
She joined Excello from Knights where she headed up their private client team in Chester.
