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PEOPLE MOVES: Transamerica Life, Eastspring, Nomura AM

Aegon subsidiary makes CEO change, as investment firm names Taiwan chief

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Transamerica Life (Bermuda)

The Aegon group subsidiary has announced that Marc Lieberman, chief executive and president, will retire at the end of the year.

Lieberman will remain to support a transition until 31 December 2020.

Pending regulatory approval, Chirag Rathod, TLB’s current chief financial officer, will take on the role of chief executive, and Hazel Etherington, TLB’s current chief operations officer, will assume the role of.

Together they will form the executive committee of TLB, which will be chaired by the chief executive.

Eastspring Investments

The Prudential subsidiary has named Polly Wang as its Taipei-based chief executive for Taiwan.

Wang was at Nomura Asset Management, where she was chief executive for Taiwan.

She replaces Loretta Ng, who was the firm’s Taiwan chief executive since 2011 and had been with Eastspring for 19 years.

Nomura Asset Management

Replacing Wang at Nomura Asset Management is Michelle Maa, who will be assuming her role as Taiwan chief executive

Maa was at Aberdeen Standard Investments (ASI), where she was the firm’s Taiwan head.

EdenTree Investment Management

The responsible and sustainable investment manager will appoint a new chief investment officer as Robin Hepworth steps down from the position on 1 November 2020.

Hepworth has been with EdenTree for over three decades and is seeking to reduce his level of responsibilities at the firm.

He will remain within the business and will focus on his primary role as senior fund manager, focusing on property, while continuing to support the Higher Income Fund.

Sue Round, deputy chairman, will take on the role of acting chief investment officer, while one is identified and appointed.

Chris Hiorns, senior fund manager, will take lead manager responsibilities on the Higher Income Fund.

Ocorian

The global financial services provider has hired Ben Hill as managing director of its Guernsey office.

Hill joins Ocorian from Northern Trust, where he was a managing director of the firm’s business in Guernsey.

Chartered Institute for Securities & Investment

Jacqueline Lockie, head of financial planning, will be leaving the CISI at the end of the year, having spent more than four years at the organisation.

Christopher Morris will remain as deputy head of financial planning, until a replacement head of financial planning is appointed.

Walker Crips Wealth Management

The Walker Crips Group subsidiary has hired James Bonarius to strengthen the firm’s wealth management division.

Bonarius joins from Tilney, and was previously at Pen-Life Associates as a senior paraplanner.

Gibraltar Financial Services Commission

The regulator has named Stephen Haddrill as chairman.

He was the chief executive UK Financial Reporting Council (FRC) for 10 years before retiring from the position in October 2019.

Somerset Capital Management

The global emerging markets equities specialist has appointed Fergus Argyle as a senior analyst and assistant manager of the Somerset Frontier Markets Strategy.

He joins from Mobius Capital Partners, where he was an investment manager.

Capital Group

The investment firm has named Nadia Grant as a portfolio manager in the firm’s capital solutions group investment team.

Prior to joining Capital Group, Grant was head of Emea-based US equities at Columbia Threadneedle Investments.

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