Quilter Cheviot
The wealth manager has hired John Goddard — who has spent 29 years at HSBC — as CEO, after Andrew McGlone announced he is stepping down three decades on from joining the group.
McGlone has spent his career with Quilter Cheviot after joining Quilter Goodison in 1994 before it merged with Cheviot Asset Management in 2013. He was appointed CEO in January 2019, and has announced he will be leaving the firm to pursue other opportunities.
The Financial Conduct Authority (FCA)
The regulator has appointed Sarah Pritchard as deputy chief executive.
The regulator said the new role has been created to reflect the its expanding remit, with the integration of the Payment Systems Regulator, regulation of stablecoin and crypto firms, as well as buy now pay later activities.
In the role, Pritchard will also support the FCA’s increasingly international focus, given its role supporting UK growth and competitiveness.
She joined the FCA in June 2021 to jointly lead the supervision, policy and competition division.
Allfunds Group
CEO and founder, Juan Alcaraz, will leave the business he started 25 years ago to take on new challenges, the firm has announced.
He is being replaced by Annabel Spring as CEO in June.
Spring brings 30 years of industry experience to Allfunds. She joins following six years at HSBC where she was most recently CEO of global private banking and wealth.
Prior to this, she spent almost a decade at the Commonwealth Bank of Australia where she was most recently group executive for wealth management.
Alcaraz will move into an advisory role for the next 12 months to ensure a smooth leadership transition.
The Investment Association (IA)
The IA has named Namita Kain as its first ever head of private markets.
The association said the new role has been created in recognition of the increasing importance of private markets within the industry.
Kain joins from Octopus Investments, where she worked across private and public equities over four years.
She also spent several years at Invesco as a corporate strategy manager, where she worked closely with C-suite executives to shape strategy, market positioning and regulatory engagement.
Jupiter
European equity fund manager trio Niall Gallagher, Chris Sellers and Chris Legg have completed their move to Jupiter Asset Management from GAM Investments.
The team, who announced their departure from GAM in November 2024, led the firm’s European equities franchise for 15 years.
Gallagher has been at GAM since 2009, while Sellers joined in 2014 and Legg became part of the team in 2017. The team’s funds included the GAM Star Continental European Equity and GAM Star European Equity funds.
The hire comes as part of Jupiter’s efforts to scale up its active management capabilities in ‘strategic areas’ of investor demand.
See also: PEOPLE MOVES: 7IM, Rathbones AM, Peel Hunt, Schroder Income Growth, River Global AM
