PEOPLE MOVES: Close Brothers, Janus Henderson, Brown Shipley

Asset manager names CEO, while head of investment trusts retires from wealth firm

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Close Brothers Asset Management

Eddy Reynolds will succeed Martin Andrew as chief executive on 7 March, after he leaves to pursue “the next stage of his career”.

Most recently, Reynolds was managing director of Standard Life Savings.

Janus Henderson

Director and head of investment trusts James de Sausmarez will retire on 30 June 2022.

Deputy head of investment trusts Dan Howe will succeed him.

De Sausmarez has led the investment trusts business since 2005 and joined Touche Remnant, a Henderson legacy firm, in 1986.

Howe joined the company in October 2021 from JP Morgan Asset Management where, since 2018, he was executive director for global strategic relationships.

Brown Shipley

The UK private bank has made nine hires to expand its presence in the east of England, specifically in Cambridge and Norwich.

Simon Smith becomes managing director as he joins from Barclays Wealth & Investment Management where he served as regional director, east region.

The other eight, who also join from Barclays Wealth & Investment Management, will become client advisers: they are Kevin Nevard, Paul Marshall, Mark Turner, David Vernon, Luke Caraccio, Warren George, Mark Harrod and James Haynes.

AllianceBernstein

The investment management business has named Patrick Groenendijk as director of Benelux institutions to bolster its distribution team in the region.

He was previously at PGGM where he worked as principal fiduciary adviser and will be based in Amsterdam.

Skybound Wealth Management

Conor Groome has taken on the role of business development manager at Dubai-based Skybound Wealth Management.

He joins from DeVere Acuma where he was a business development associate.

ValidPath

The network for independent financial advisers hired Jon Barham as commercial director, effective immediately.

He will be responsible for managing the development of the firm’s proposition for IFAs, especially for those looking to retire, grow or for a management buyout solution.

Mos recently, Barham was head of DA consultancy at Bankhall Support Services.