UK Government
Boris Johnson has managed to cling on to power after being hit with a different scandal virtually every week for at least the last six months.
But his grip on 10 Downing Street is getting more slippery by the minute, with at least 27 resignations in less than 24 hours.
These include Rishi Sunak, quitting as chancellor of the Exchequer, alongside health minister and former chancellor Sajid Javid. As a result, education secretary Nadhim Zahawi has been promoted to chancellor.
John Glen, economic secretary to the Treasury, is among the more recent members of the government to hand in his resignation, having held onto the role since January 2018, during Theresa May’s government.
Julius Baer
The Swiss wealth management firm named Umang Papneja as chief executive of Julius Baer India, effective from 1 August 2022.
He will take over from Ashish Gumashta who will become executive chairman of Julius Baer Wealth Advisors (India).
Papneja will join from IFL Wealth Management where he serves as chief investment officer.
Downing
Roger Lewis has become head of ESG, a newly created role, at the investment management firm.
He was previously group head of ESG at River and Mercantile.
Chubb Life
The international life insurer has made three senior hires across its operations in Asia Pacific, which it recently acquired from Cigna.
Gail Costa will lead the New Zealand arm. She is currently chief executive of Cigna Life New Zealand.
Jack Cheng will become president of life insurance operations in Taiwan. He is currently president of Chubb Life Taiwan.
Additionally, Jee Eun Cho will take on the role of country president of life insurer Lina in Korea. She has led the Cigna business as chief executive since 2020.
Moneybox
The UK digital wealth platform named Caroline Murphree as managing director of investing, retirement and savings.
She joins from Wealthsimple where she recently served as chief executive for Europe.
Oak Group
The fund services provider recruited Diane Clarke as lead within its private client service team in the Isle of Man.
Most recently, she was part of the board at Crowe Trust Isle of Man.
Gam
Roland Mueller has taken on the role of senior investment manager, fixed income at the investment firm, based in Zurich.
He was previously at Bank J Safra Sarasin in Basel where he worked as a portfolio and client relationship manager for eight years.
Maps
Barclays UK chief executive Matt Hammerstein has taken on the role of chair of the Money & Pensions Service’s advisory group.
He will take over from Vim Maru who decided to step down after more than two years in the position.
Carey Olsen
Private client services provider Carey Olsen has bolstered its Singapore team with two hires.
Rebecca Lee joins as counsel from Maples and Calder where she served as a registered foreign lawyer. Wei Xun Toh has become an associate, after working as a solicitor at Clifford Chance.
ValidPath
Alex Wilson has been appointed as corporate finance director at the IFA network to oversee the financial side of the recently launched succession planning tool for financial advisers looking to retire.
He was previously head of acquisitions at Amacor Capital.
Capital Group
The international investment firm has hired Jaap Kraan as senior relationship manager for the Nordics and Netherlands to support continued growth in the region.
Based in Amsterdam, he has been tasked with developing relationships with institutions and intermediaries.
Jaap was most recently at NN Investment Partners where he was responsible for the coverage of Nordic investors.
