PEOPLE MOVES: Tenet, Progeny, Nedgroup Investments

Advice network appoints CEO, as financial planning group names UK managing director

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Tenet Group

The advice network has appointed Helen Ball as chief executive.

Ball was previously managing director of Tenet and has over 40 years’ experience in the sector.

She has previous experience undertaking strategic reviews and has been working on the firm’s strategic review to date.

Following this change, Mark Scanlon, chief executive, and Martin Tyler, chief financial officer, will be leaving the business with immediate effect.

Progeny

The financial planning group has named Caroline Hawkesley as UK managing director as part of a restructure to strengthen its position in the UK market and prepare the business for future international growth with the imminent acquisition of The Fry Group.

Hawkesley will move from her current role as chief operations officer in the business.

She began her career in the banking industry before co-founding her own financial advisory firm Evolve. When this was acquired by Progeny in 2018, she went on to head up the operations team.

In her new role, Hawkeseley will manage and direct Progeny’s activities in the UK.

Progeny founder Neil Moles remains in position as chief executive.

Nedgroup Investments

The asset manager has hired Apiramy Jeyarajah as chief commercial officer for its international business.

She is based in London.

Before joining Nedgroup Investments, Jeyarajah was head of UK wholesale distribution at Aviva Investors and the head of financial institutions for UK and Israel at HSBC Global Asset Management.

Suntera Global

Anne Baggesen has announced she is stepping down from her role as managing director of the firm’s private wealth division.

She said via a Linkedin post: “I am going to taking a break for a few months before I decide what I should venture into and explore what new opportunities are out there for me.”

Baggesen has spent 19 years at Suntera Global.

PKB

The private banking company has named Alfonso Rivolta as group head of wealth solutions.

He joins the bank from EFG, where he was global head of wealth planning.

Bank of Singapore

Ranjit Khanna has joined the bank as chief executive of its Dubai International Financial Centre (DIFC) branch and global market head of the Middle East, subject to regulatory approval.

He was most recently the chief executive of the Singapore office of Union Bancaire Privee as well as its head of private banking for south Asia.

Khanna is a replacement for Alexandre Lotfi as chief executive of the DIFC branch, who is relocating to Singapore to continue in his other role as global chief risk officer.

Meanwhile, Vikram Malhotra, who previously oversaw the business growth of the DIFC branch from Singapore, will now focus on expanding the bank’s coverage of the non-resident Indian segment across Asia as global market head of south Asia.

Julius Baer

Marco Parroni, currently head of global brand partnerships and sponsoring, has been promoted to chief marketing officer at the bank.

Parroni joined Julius Baer in 2013.

Antje Hembd will succeed Parroni as head of global brand partnerships and sponsoring.

Also, the private banking group has expanded its operation in Brazil with the hiring of a team from Grimper Capital.

The team that will join Julius Baer Brazil during the course of April includes:

  • Sylvio Castro, founder, and main partner at Grimper Capital. He will be responsible for all the relationship managers at Julius Baer Brazil and hold the title of head of client management Brazil;
  • André Szasz is a partner at Grimper Capital; and
  • João Freitas is the third partner at Grimper Capital.

Other senior members of the Grimper Capital team who will join Julius Baer Brazil include Mariam Dayoub, Alexandre Mastrocinque, Sidney Uejima, Thiago Marchiore, Rafael Ribeiro, and Vito Ferreira.

Asset Co

Gary Collins has stepped down from his role as head of distribution at the wealth and asset management consolidator, according to a Linkedin post.

He joined the firm in July 2021 from Columbia Threadneedle Investments, where he was head of distribution for Emea and Latin America.

Weatherbys

The private banking group has hired Maya Lewis and Anthony Rawlinson as private bankers.

Lewis was previously at Investec, where she worked with a focus on sports and entertainment clients.

Rawlinson previously served as a discretionary portfolio manager at Coutts and head of private banking for Standard Chartered in Abu Dhabi.

Robeco

Ralf Oberbannscheidt has been appointed as global head of thematic investing at the asset manager.

In this role, he will oversee the teams and further development of the active thematic investing offering.

Oberbannscheidt joins from Global Thematic Partners, New York (GTP), of which he was a founding partner and portfolio manager.