lombard appoints former merrill lynch chief

Lombard International Assurance has appointed a former Merrill Lynch chief to lead its Wealth Structuring Solutions unit.

lombard appoints former merrill lynch chief

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Robert MacIntyre used to be Merrill Lynch’s chief of wealth planning for the EMEA region.

He will lead a 20-strong team offering wealth planning capabilities to the firm’s business partners and their clients.

MacIntyre joined Lombard more than a year ago where he developed private banking relations in the London market.

On his new job he said: “It’s a tremendous opportunity, given the changing regulatory environment and increased transparency, life assurance is proving to be more valuable than ever as a wealth planning tool.”

Lombard has also appointed Daniel Starberg to lead its Nordic team, covering Finland, Sweden and Norway.

Maik Buffone also joins the firm as wealth planner for Italy. He moves from IWI Luxembourg, where he specialised in Italian, German and UK taxation.

Lombard unveiled an asset-gifting scheme called the Flexible Legacy Plan last month. The plan permits UK-resident individuals to bequeath assets to their children while retaining control over when they receive them.

In December they announced that chief risk officer Claude Marx was to become interim chief executive. He replaced Matt Moran who the company said had left the business.

Based in Luxembourg, Lombard is a division of FPI, the international arm of Resolution's Friends Life business. Specialising in products for high net worth individuals, it sells into 14 markets and manages assets of more than €23bn.

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