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PEOPLE MOVES: Nucleus, Titan Wealth, Cannon Asset Managers

By Cristian Angeloni, 8 Sep 21

Platform founder departs, as DFM names chief financial officer

Nucleus

As the James Hay take-over of Nucleus goes ahead, there will be several changes to the wrap platform’s senior management team.

Founder and current chief executive David Ferguson will step down after 23 years. He will be replaced by James Hay group chief executive Richard Rowney who will also assume day-to-day responsibilities for the group, made up of both firms.

Richard Warner will take on the role of group chief operating officer, after joining in November 2020.

Alex Kovach will become chief commercial officer; he started working at James Hay last year to lead the commercial strategy. He will succeed Barry Neilson, who is also leaving the company.

Alison Longbottom has been confirmed as chief people officer for the group. She has been at James Hay since October 2020.

All the appointments are effective immediately.

Titan Wealth

The discretionary fund manager has named Ken Coveney as chief financial officer, based in London.

He previously held a similar role at Crown Agents Group, Alcumus Group and Corona Corporate Solutions.

Cannon Asset Managers

The South African fund management firm has recruited Simpiwe Mayekiso as chief executive.

He joins from Kenana Fund, where he held a similar position.

Square Mile

Scott Dakers has become business development director at the consulting and research company.

He will be responsible for business growth in the north of the UK.

Dakers used to work at Eden Tree Investment Management, where he served as regional sales manager.

Monetary Authority of Singapore

The Singapore regulator has formed a sustainability group which will be led by Darian McBain as she takes on the role of chief sustainability officer, effective from 1 October 2021.

McBain was most recently at Thai Union Group.

Kempen

The specialist asset manager has hired Ian Penrose as director of business development in London.

He will focus on the UK wholesale market.

Penrose joins from iM Global Partner, where he held a similar role focusing on the UK, Ireland and Scandinavia.

WisdomTree

The ETF and ETP sponsor has bolstered its digital asset platform business with two hires.

Benjamin Dean and Alice Liu have joined as director of the digital assets team and senior associate in the European research team, respectively.

Dean was previously at Hiscox Insurance Group, where he was cyber catastrophe research lead.

Liu joins from Coutts, where she was responsible for multi-asset product research.

Moneyfacts Group

The UK provider of retail financial data has named Andy Elkington as business development director.

He joins from Police Mutual.

Oberon Investments Group

Gemma Godfrey has become a non-executive director at the investment firm.

She was the founder and chief executive of digital investment service Moola Systems between 2015 and 2019 and then unveiled a digital media business for News UK.

Tags: James Hay | MAS | Nucleus | Square Mile | WisdomTree

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.