PEOPLE MOVES: Utmost International, Manulife IM, LGT WM

Insurer bolsters Singapore operation, as investment manager names global head of retail

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Utmost International

The insurance-based wealth solutions provider has bolstered its Singapore operation with the hires of Michelle Tan as head of brokerage and Genevieve Chan as head of operations and underwriting.

Tan joins Utmost International from Lombard International.

Over the last decade, Chan has helped build the high net worth operations and underwriting infrastructure at Singapore Life and HSBC Insurance.

Manulife Investment Management

The global wealth and asset management brand of Manulife has named Andrew Arnott as global head of retail.

Arnott has held multiple leadership roles at Manulife Investment Management, including head of wealth and asset management, US and Europe, and president and chief executive, John Hancock Investment Management, the US retail brand of Manulife Investment Management.

LGT Wealth Management

The UK wealth manager has appointed William James as a portfolio manager within the intermediary investment services team (IIS).

He joins from Square Mile Investment Consulting & Research, where he was an investment manager.

Tyndall Investment Management

The UK fund manager has hired James Bowes-Lyon as an investment manager within its private client practice.

He joins from Investec Wealth & Investment, where he was an investment manager.

Fidelity International

The investment firm has named Maria Abbonizio as head of Hong Kong.

Abbonizio will take on the role alongside her current position of global chief administrative officer for investment management. She joined Fidelity in 2004 and spent the majority of her 18 years with the firm based in Hong Kong.

Indosuez Wealth Management

The wealth management arm of Credit Agricole has hired Selwyn Au-Yeung as market head, based in Hong Kong.

Au-Yeung was previously managing director and team head at Bank J Safra Sarasin for the past year and a half.

UBP

The banking group has recruited five relationship managers in Hong Kong including a team head.

Andrew Chin joined on 11 April as team head for north Asia. Chin was most recently desk head for ultra-high net worth investors in Hong Kong at HSBC Global Private Banking.

In addition, UBP has also hired Cindy Tam, Yvonne Yan, Carolina Lam, and Leo Chow as either senior relationship managers or relationship managers.

Tam has joined from Julius Baer, Yan from Credit Suisse, Lam from J Safra Sarasin and Chow from Deutsche Bank.

Close Brothers Asset Management (CBAM)

The advice firm has named Ed Mawle as senior investment director.

Mawle has 25 years of experience in the asset and wealth management industry, and spent almost 20 years at Brewin Dolphin, before moving to Investec Wealth & Investment in 2017.

Mirabaud & Cie (Europe)

Rémy Saccone has joined the firm’s wealth management division as head of the Luxembourg independent asset management team (IAM).

He joins the company following spells at Orcadia Asset Management and Pictet Group.

Hampden & Co

The UK group has appointed Mark Plummer as head of private banking for its London office.

Plummer began his career at Coutts, spending 12 years there before spending a further 13 years at C Hoare & Co. He joined Barclays Wealth in 2008 as head of banking and credit, before moving to Handelsbanken in 2016 to set up and run its office in Mayfair.

Charles Russell Speechlys

The law firm has promoted Katie Talbot and Robert Avis to partner.

Talbot focuses on tax, trusts and succession and is based in Cheltenham. Avis works on private wealth disputes based in Geneva, Switzerland.

Druces

The law firm has named Matt Duncan as head of private wealth.

Duncan, who is a partner at the firm, succeeds Robert Macro.

Bedell Cristin

Sevyn Kalsi has been named as a partner in the law firm’s international private client team.

He joins the firm from Walkers, where he was a partner.

The Insurance Institute of Aberdeen (IIA)

The branch of the Chartered Insurance Institute (CII) has appointed Katherine Harvey as president.

She succeeds Lloyd Davies as president, having previously served as deputy president of the professional body for just over one year.

Davies brings a wealth of industry experience as a financial planner and operations director at Aberdeen-based Russell Gibson Financial Management, which became a part of the independent nationwide financial advice and fund management group One Four Nine in August 2022.