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PEOPLE MOVES: Swiss Life, LGT, Investec W&I

By Robbie Lawther, 2 Mar 23

Insurer names chief executive of international, as banking group appoints CEO of Switzerland

Swiss Life International

Theo Iaponas has been named as chief executive of the life and pension provider.

Iaponas has held several management positions at Swiss Life since 2009, most recently at Swiss Life International as chief executive of global employee benefits in Luxembourg.

He will succeed Nils Frowein who, after 15 years at the Swiss Life Group, has decided to leave the group.

LGT Private Banking

Anke Bridge Haux has been named as chief executive of LGT Bank (Switzerland), effective from 1 November 2023.

Over the past 12 years, she has held various management positions in the Swiss unit of Credit Suisse. In 2022, as head of personal and business banking, she assumed responsibility for consumer banking and corporate clients, including the online banking app CSX.

In this role – subject to the approval of the supervisory authority – she will succeed Heinrich Henckel, who will be elected to the board of directors of LGT Bank Switzerland.

Henckel will continue to serve on the board of LGT Wealth Management UK.

Investec W&I

Barbara-Ann King has left her role as chief executive of Investec Wealth and Investment, having been promoted to the position only eight months ago.

King’s appointment as chief executive of the business was announced towards the end of July 2022, and she took up the role from managing director Ciaran Whelan on 1 October.

In a statement, Investec confirmed that King has also stepped down from the board, and that she will be on garden leave until her departure from the company on 13 August.

Acting chief executive Iain Hooley will continue in the role, while Whelan will also continue as managing director.

Vam Funds

The investment firm has hired Steve Thompson as business development director.

Thompson was previously at global advice group GSB, where he was a partner and financial planner.

Julius Baer

The private bank has named James Taylor and Mehdi Abhah as senior relationship managers.

It has also hired Anders Wennerholm as a relationship manager.

The trio will support business growth for Middle East & Africa out of Geneva.

Taylor joins from Barclays Private Bank in Geneva, where he was enior elationship manager handling client relationships across the Middle East and Africa region.

Abhah joins from Credit Suisse, where he was senior relationship manager for the Middle East desk in Geneva. Wennerholm joined from Barclays Private Bank in Geneva, where he was relationship manager for the Middle East desk.

Credit Suisse

The banking group has appointed Andy Kuo as director for greater China and the Singapore market.

Prior joining Credit Suisse, Kuo was with UBS in Taipei, where he advised onshore Taiwanese ultra-high net worth clients and their families on wealth.

RBC Wealth Management

The wealth manager has bolstered its operation in Asia with the addition of several hires.

Tan Yuh Harn joined RBC Wealth Management in January as managing director, head of discretionary portfolio management and Ultra-high net worth (UHNW) solutions, Asia.

Based in Singapore, he was senior portfolio manager, investment management Apac at Credit Suisse Wealth Management.

Alvis Chan has joined RBC as executive director, portfolio manager, UHNW Solutions, based in Hong Kong.

Before RBC, Chan worked as head of Hong Kong fixed income at UBS Global Wealth Management.

Also, RBC Wealth Management has appointed Ajay Saratchandran as head of funds, global manager research – Asia, based in Singapore.

Saratchandran was most recently senior portfolio manager and head of sub-advised securities mandates for the global discretionary portfolio management programme at Standard Chartered Bank.

Lastly, Gautam Chadda re-joined RBC as head of portfolio specialists in Singapore.

Previously, he was at Standard Chartered Private Bank, where he was a senior investment adviser.

Ruffer

Charlotte Mackay has joined the firm as senior investment associate in its private client division.

Mackay was previously an investment manager at London Wealth Management.

Saffery Champness

The accountancy group has boosted its private client team with the hire of James Stevens as partner.

He joins Saffery Champness from Deloitte, where he headed up the private client team in the eastern region.

Artemis

The investment manager has recruited Sacha El Khoury as head of impact equities.

She joins from Columbia Threadneedle Investment, where she launched the CT Sustainable Global Equity Income Strategy in May 2021 and remained lead manager until her recent resignation.

Tags: Credit Suisse | Investec | Julius Baer | LGT | Swiss Life | VAM

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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.