PEOPLE MOVES: Zurich, Wren Sterling, Isle of Man FSA

Zurich has made two senior appointments as group chief executive Mario Grecco continues building his team. Wren Sterling has named an ex-Aviva man as its new chief executive, while the Isle of Man Financial Services Authority has announced four senior people moves.

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Zurich

Zurich Insurance Group has appointed Isabelle Welton as group chief marketing, communications and culture officer, effective immediately.

She will be succeeded as group chief human resources officer by David Henderson, who joins Zurich from MetLife where he currently serves as executive vice president, human resources.

Henderson’s appointment is effective from 1 January 2017. Welton and Henderson will report directly to group chief executive Mario Greco.

Wren Sterling

UK financial planning firm Wren Sterling has appointed Aviva’s Ian Halley as its new chief executive. He replaces Ian Darby who is stepping back from the day-to-day running of the business to resume his role as executive chairman.

At Aviva, Halley was responsible for developing the strategy and propositions of IFAs, networks, and distribution businesses. He previously worked for Prudential, Friends Life, and Scottish Widows in a variety of senior management and board level positions.

Isle of Man Financial Services Authority

Michael Weldon, formerly director of supervision for Iomfsa, will be taking over the new role of director of emerging risks and international. He will be responsible for overseeing the design of the authority’s enterprise-wide risk management system.

Andrew Kermode will be taking on a new role as director of banking, funds, and investment division. Colin Manley, who currently heads up the insurance and pensions division, will also be assuming responsibility for the fiduciary services team becoming director of insurance, pensions and fiduciary services.

Francesca Signorio-Hooper will continue as director of business change. She will lead the FSA’s data-systems redevelopment as well as a review and redesign of our supervisory methodology and practices. 

All the appointments are effective from 1 January 2017.

Fullerton Fund Management

Manraj Sekhon, chief executive of Singapore-based asset manager Fullerton Fund Management, has left the firm. The Fullerton board confirmed the news in an email to Bloomberg on Wednesday, stating that chairman Ho Tian Yee will assume Sekhon’s responsibilities in the interim.

Sekhon, whose details have subsequently been removed from Fullerton’s website, had been in his role for more than five years, having previously served as chief investment officer.

Prior to joining Temasek Holdings-backed Fullerton, Sekhon was director and head of international equities at London-based asset manager Henderson Global Investors.

Hawksford

Michel van Leeuwen has joined corporate, private client, and funds business Hawksford as group chief executive from regulatory compliance consulting service Cordium, where he was also group chief executive.

He appointment forms part of the company’s strategy to double in size and increase its geographical footprint over the next three to five years.

Prior to Cordium, van Leeuwen served as managing director of Microsoft Worldwide Capital Markets.

Global Economy Meeting

The Monetary Authority of Singapore’s deputy managing director, Jacqueline Loh, has been named chair of the Global Economy Meeting’s (GEM) markets committee. GEM represents the central banks of Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Singapore, the UK, and the US.

She will serve for three years from mid-January 2017, overseeing developments in financial markets and implications for market functions and central bank operations. Loh replaces Reserve Bank of Australia deputy governor Guy Debelle. 

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