People Moves
PEOPLE MOVES: SEC, First State, Ashburton
The US regulator has appointed co-directors of its Enforcement Division, while First State Investment is losing its head of global resources and Ashburton Investments bolsters its multi-asset team.
Bob Pain steps down as chairman of Investors Trust Assurance
Bob Pain has resigned as chairman of the board of Cayman Island-based international life company Investors Trust Assurance SPC as of 1 June 2017.
PEOPLE MOVES: Mirae Asset Life, HSBC, Schroders
Mirae Asset Life Insurance’s chief executive has resigned and been replaced by one of the company’s vice presidents. HSBC has created a head of financial crime compliance role for its Channel Islands and Isle of Man operations, while Schroders has appointed a head of multi-asset product for north Asia.
PEOPLE MOVES: Schroders, Janus Henderson, Principal
Schroders is losing two fund managers who are setting up their own boutique. Janus Henderson has created two senior international distribution roles, while Principal Global Investors is focusing on UK fund distribution with its latest hire.
Menon reappointed MD of Singapore’s financial regulator
The Monetary Authority of Singapore (Mas) has reappointed Ravi Menon as managing director for a further two years, effective from 1 June 2017.