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PEOPLE MOVES: Indosuez, Zedra, PraxisIFM

By Kirsten Hastings, 3 Feb 17

Indosuez Wealth Management has appointed a head of markets and investment solutions for Hong Kong, while Zedra has made three senior hires. PraxisIFM has created a group finance director role following the firm’s expansion in 2016.

Indosuez Wealth Management

Arjan de Boer has been appointed head of markets and investment solutions in for Indosuez Wealth Management in Hong Kong, effective 6 February 2017. He will report locally to Antoine Candiotti, chief executive of Hong Kong, and functionally to the head of markets and investment solutions of in Geneva, Switzerland.

De Boer will also oversee the markets and investment solutions teams in Singapore. He will be responsible for the products and services offering in Asia and will overlook the regional investment strategy.

Zedra

Independent trust, corporate and fund services company Zedra has expanded its team in the Channel Islands with three senior hires. Paul Nayar has been appointed finance director, Joe Donohoe as client director, and Mark Cleary as head of relationship management and funds.

Nayar and Cleary have pan-island roles working across Jersey and Guernsey. Nayar is responsible for all financial procedures, policies, controls and reporting systems. He works alongside the managing directors and the chief financial officer.

Cleary is managing the relationship management of bespoke fund services, ensuring high quality service is provided to clients and he will also act on a number of Fund boards.

As client director, Donohoe has responsibility for a global portfolio of high net worth families and developing new relationships. This new role reflects the recent growth in the company’s Jersey business and will further strengthen the breadth and depth of experience within senior management.

PraxisIFM

After making two acquisitions in 2016, PraxisIFM has appointed Peter Bruges to the newly created role of group finance director. He will be responsible for group financial reporting, corporate governance, corporate finance as well as supporting the development and expansion of the business.

Bruges has held senior finance, IT and programme management roles in the retail and finance sectors. Having run a sales business in the UK, he held the position of head of internal audit and finance programmes at Specsavers Optical Group, and became a Fellow of the Association of Chartered Certified Accountants in 2005.

Tilney Group

Following its recent rebrand from Tilney Bestinvest, Tilney Group has hired Andy Brown as direct equity team leader within the firm’s central investment team. Based in London, Brown will report to Ben Seager-Scott, director of investment strategy and research.

Brown brings with him over 30 years’ investment experience having worked as both a fund manager and research analyst, most recently at Sanlam Securities UK.

Momentum UK

Asset manager Momentum UK has appointed Richard Sheppard as business development manager for the southeast. Sheppard will be responsible for growing the reach of Momentum’s investment products by identifying new opportunities to engage with advisers and enhance sales.

He joins from insurance provider MetLife, where he spent seven years heading up the company’s adviser education programme, delivering a range of client education solutions. Prior to this, he was responsible for building the adviser engagement plan for the Personal Accounts Delivery Authority, now NEST.

Jupiter

Alastair Gunn has been appointed manager of the Jupiter Growth and Income Fund, his first standalone project after six years co-managing equity funds in the Jupiter distribution range. From 1 February, he will continue with the fund’s core strategy to achieve long-term capital and income growth investing in UK shares.

Gunn takes over managing the fund following the departure of Chris Watts, who left Jupiter after 16 years in 2016 to join Aberforth Partners.

Self-Managed Super Fund (SMSF) Association

John Maroney, head of capital and solvency for Switzerland-based International Association of Insurance Supervisors’ (IAIS), has been appointed as the new chief executive of Australia’s SMSF.

Maroney was chief executive of the Actuaries Institute of Australia from 2006 to 2009, and has held various senior executive roles in the financial services sector, including the position of Australian government actuary.

He replaces Andrea Slattery, a founder of the association who will step down from the role effective May 2017.

Tags: Indosuez Wealth Management | Jupiter | Momentum | PraxisIFM | Tilney Smith & Williamson | Zedra

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