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PEOPLE MOVES: EFG, Omnis Investments, First Abu Dhabi Bank

Banking group bolsters Hong Kong operation, as investment firm hires chief executive

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EFG

The banking group has named David Louie as chief executive of its Hong Kong branch.

Before joining EFG, Louie served as market group head China at Credit Suisse for 11 years.

He will succeed Kees Stoute, who will take on the role of private banking chief operating officer for Asia Pacific region and will continue to be based in Hong Kong.

Elsewhere, Boris Collardi, a member of the board of directors of EFG International, will become the chair of the Asia Pacific advisory board.

He will succeed Amy Yip, who has held this role since 2019. Yip will remain a member of both the Asia Pacific advisory board and the board of directors of EFG International.

Also, Harald Reczek has stepped down from his position as head of investment solutions and member of the executive committee of EFG International to pursue new opportunities outside of EFG.

Moz Afzal and Oliver Heinzelmann will assume this position as co-heads in addition to their current responsibilities as chief investment officer and chief executive and head of strategy and business development of EFG Asset Management, respectively.

The group is currently recruiting a head of investment solutions.

Omnis Investments

The investment arm of Openwork has promoted Robert Jeffree to chief executive.

He is currently the chief investment officer at Omnis and will retain these responsibilities in the short term alongside the chief executive role.

First Abu Dhabi Bank

Michel Longhini has been named as group head of global private banking at the UAE company.

He was previously chief executive of private banking at Edmond De Rothschild.

Aria Capital Management

The wealth firm has named Hugh McGrenra as business development manager, according to his Linkedin profile.

McGrenra, who is based in Dubai, was previously head of private clients at Lifecare International.

He was also head of HNW distribution at Quilter International in Dubai.

HSBC

The banking group has named Richard Whitehall as global co-head of fund investment due diligence at its wealth and personal banking arm, according to his Linkedin profile.

Whitehall joins the firm from Aegon, where he was head of portfolio management based in the UK.

Multrees Investor Services

The investment services firm has named David Harrand as business development manager and Martyn Johnson as chief technology officer.

Harrand has previously held relationship manager, account director and business development roles within the financial services sector, most recently with trading services firm Six Securities Services.

Johnson was previously programme director at Multrees.

Nomura Asset Management

The global investment manager has appointed Kevin McFarlane as regional sales director covering the north of England, Scotland and Northern Ireland.

He was previously regional sales investment manager for SVM Asset Management.

Navigation Wealth Management

The advice firm has hired Daniel De Block as a financial adviser.

He joins the UK-based firm from Santander where he provided holistic financial advice and guidance to clients across Lancashire.

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