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PEOPLE MOVES: AssetCo, Bravura Solutions, SS&C Hubwise

CEOs to leave wealth consolidator and tech firm

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AssetCo

Campbell Fleming, chief executive of the wealth and asset consolidator, will step down at the end of June, the firm has announced.

Fleming departs for personal reasons, having overseen the formation of the company, including numerous acquisitions, during his 20 months in the role.

In an announcement on the London Stock Exchange, the company said it does not plan to replace Fleming directly; instead, chairman Martin Gilbert and Gary Marshall, chief finance and operations officer, will assume his principal responsibilities.

Gilbert will be responsible for the overall strategic direction of the group, as executive chairman, while Marshall oversees day-to-day operations.

AssetCo confirmed that Alex Hoctor-Duncan, who leads the River and Mercantile brand, is already taking on additional responsibilities.

Bravura Solutions

Libby Roy will step down as chief executive and managing director effective immediately and will remain with the company until 30 June 2023 for handover and transition purposes.

The board has commenced a global search for a chief executive to lead Bravura.

Andrew Russell will become interim chief executive. Russell is currently an independent non-executive director.

SS&C Hubwise

Andre van der Westhuizen has been named as chief information office of wealth at the multi-asset investment platform, according to his Linkedin profile.

He joins from Quilter, where he was head of technology.

M&G Wealth

The business has confirmed that David Montgomery will stand down from his role as managing director.

He will leave at the beginning of August.

M&G Wealth did not confirm if it was looking to replace him.

Lighthouse Canton

The wealth manager has named Rohit Johri as executive director and will be based in the firm’s Dubai International Financial Centre (DIFC) operation.

Johri was previously a director and senior banker at BNP Paribas.

Evelyn Partners

The wealth management and professional services group has named Craig Dowsett as a financial planning director in the firm’s London office.

He joins Evelyn Partners from Vintage Wealth Management, where he spent more than seven years working as an IFA.

Guernsey Finance

Kevin Boscher, who is chief investment officer at Ravenscroft, has taken on the role of deputy chairman.

He joins Paul Sykes, Kate Storey, deputy Steve Falla, Guernsey Finance chief executive Rupert Pleasant and current chairman deputy Lyndon Trott.

Franklin Templeton

The asset manager has named Jacob Rowe as business development director for its UK wholesale distribution team.

Rowe has about 10 years of industry experience, having joined from Russell Investments, where he spent the last seven years in an intermediary distribution role.

Charles Russell Speechlys

The law firm has named Vanessa Duff as a partner within its family team.

She joins the Hong Kong office from Withers Hong Kong.

GBST

The global wealth tech firm has appointed Ross Hamilton to the newly created role of head of cloud infrastructure for retail wealth.

Previously, Hamilton was head of infrastructure at Bravura.

Atomos

The advice-led wealth manager has named Max Newman as direct equity specialist.

He will work alongside Haig Bathgate, with responsibility for the firm’s direct equity proposition.

Newman was previously a director and portfolio manager at Julius Baer.

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