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PEOPLE MOVES: Barings, JTC, Deutsche Bank

Global investment manager names CEO, as private client services provider hires chief risk officer

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Barings

The global investment manager has named Mike Freno as chairman and chief executive.

He is currently president, a role he assumed in February of this year.

Tom Finke, chairman and chief executive, who has served in this role since 2016, will retire from Barings at the end of November and pursue another opportunity.

JTC

The private client services provider has appointed Richard Ingle as group chief risk officer.

He has worked for a number institutions including the UK Financial Services Authority (now the Financial Conduct Authority), JPMorgan and most recently Standard Chartered Bank, where he spent nine years as the Channel Island chief executive.

Deutsche Bank

The banking giant has named Frank Krings as chief country officer of France and general manager of the Deutsche Bank Paris branch.

Krings is chief executive of Deutsche Bank Group for western Europe and currently chairman of the management board of Deutsche Bank Luxembourg.

He takes over from Laure Lemonnier, country chief operating officer, who assumed interim responsibility for the country.

Liechtensteinische Landesbank AG

Georg Wohlwend has decided to resign as chairman of the board of directors of the private banking group.

His decision is due to criminal proceedings against him that are unrelated to his work at the LLB Group.

Wohlwend firmly denies the allegations.

Vice chair Gabriela Nagel-Jungo is assuming his responsibilities, effective 4 November 2020.

Orbis Investments

The firm has added Nextwealth boss Heather Hopkins to its board as a director.

A filing from Companies House showed Hopkins had been made a member on 2 November alongside former EY fintech lead Imran Gulamhuseinwala.

Hopkins is a data expert, having served as the research director and then head of Centaur’s market–research firm Platforum.

In 2017 she founded consultancy Nextwealth, where she is managing director.

Gulamhuseinwala is a trustee of the Open Banking Implementation Entity, as well as a board member of the charity commission for England and Wales and an investment committee member for Aviva Ventures, the fund group’s venture capital arm, according to his Linkedin profile.

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