BlackRock
Ex-Barclays chief executive John Varley has resigned from the BlackRock board with immediate effect. Varley was one of four former Barclays directors charged by the UK’s Serious Fraud Office for actions taken during the financial crisis.
The four men will appear before Westminster Magistrates’ Court on 3 July. If convicted, they could face lengthy prison sentences.
Deutsche Bank
Richard Weber has been named managing director and head of anti-financial crime for the Americas by Deutsche Bank. He starts his new role on 26 June and joins from the Internal Revenue Service where he served as chief of the criminal investigation division for the past five years.
The German bank also announced that Irwin Nack joined as managing director and deputy head of anti-financial crime for the Americas in May. He will report to Weber. Nack joined Deutsche Bank from the Bank of Tokyo-Mitsubishi UFK where he was most recently head of global financial crimes advisory.
Aviva
Aviva has appointed Maurice Tulloch as an executive director of the company with effect from 20 June 2017.
Tulloch is currently chief executive of international insurance, with responsibility for the company’s insurance operations in France, Canada, Ireland, Spain, Italy, Poland, Turkey and India.
James Hambro & Partners
Wealth manager James Hambro & Partners has appointed Alan Yarrow and Gavin Rochussen as partnership advisers. Their non-executive role will be to guide and advise on the continuing growth strategy of the firm.
Yarrow spent 37 years at Dresdner Kleinwort, latterly as vice chairman. He was Lord Mayor of London 2014/15 and has been chairman of the Chartered Institute for Securities & Investments since 2009.
Rochussen was chief executive of Fleming Family & Partners from 2002 until 2008 followed by eight years as chief executive of J O Hambro Capital Management until 2016. He will join Polar Capital as chief executive in July.
Zedra
Zedra has hired a new head of funds Jersey to join the expanding team. Robert Lucas joins the firm with over 16 years’ experience, having worked across a wide range of trust, fund administrators, corporate funds and private equity firms.
In his previous role, Lucas served as the head of fund and corporate services for a Jersey-based provider for five years. Prior to that he served as a director of a global fund administrator for six years. Lucas has also worked as a private equity fund accountant in the Cayman Islands, and spent two years as a trust officer in his earlier career in Jersey
Kames Capital
David Griffiths, co-manager of the Kames UK Equity Absolute Return, Equity Market Neutral and Kames Market Neutral Plus funds, is to leave the firm at the end of July for family reasons.
Griffiths has worked at the business for 17 years. He co-manages the three absolute return funds with David Pringle and Malcolm McPartlin, who will continue to manage the fund after Griffiths’ departure.
Fullerton Fund Management
Fullerton has made changes to its senior investment leadership team with the appointments of Ken Goh as head of equities and Vincent Chan as the co-head of multi-asset. Both will join Fullerton on 1 July.
In addition, Ong Guat Cheng has been promoted to head of fixed income. She has been with Fullerton for 14 years and, in her expanded role, will lead the portfolio managers and analysts in Singapore and China and have investment oversight of all fixed income strategies.
The three asset class heads will report directly to Patrick Yeo, Fullerton’s chief investment officer.
Kempen Capital Management
Michel del Sol has been appointed head of investment strategy and part of the management team of Kempen’s client solutions’ team. In his new position, del Sol will be responsible for defining strategic and dynamic asset allocation advice, while also being involved in research of investment topics.
His previous roles include head of investments and member of the board at Willis Towers Watson Netherlands. He brings with him a wealth of experience and knowledge of the pensions industry as well as in asset liability management, risk budgeting, structured investments, hedging and strategic advice.
Lombard International Assurance
Lombard has appointed Petra Silber to the role of HR director for Europe. Based in Luxembourg, she will lead the European HR team and will have responsibility for talent acquisition, career development, performance management and training across Lombard International’s European offices.
Silber will report to European chief executive Axel Hörger and global director of HR Sandy Locke, who also joined the business this year.
She joins from Banque Pictet, where she was head of HR, having previously worked for HSBC Luxembourg and Clearstream International.
Association of the Luxembourg Fund Industry (ALFI)
ALFI has re-elected Denise Voss for an additional two-years term as chairman of its Board of directors. Voss has been a member of the ALFI board of directors since 2007 and has been vice chairman for international affairs since 2011 before being appointed chairman in June 2015.
She is conducting officer of Franklin Templeton Investments and has worked in the financial industry in Luxembourg since 1990.
