The group operates in North America, Europe and Asia. Practice lines include wealth management.

Global consulting organization Sionic, which recently rebranded after the two businesses of Sionic Advisors and Catalyst Development Limited combined, has appointed a chief executive, Craig Sher. Sher co-founded Sionic Advisors in 2014.

The business offers a blend of specialist practices including wealth management advice. A year ago, Catalyst bought asset and wealth management business Knadel.

Sionic operates from London, New York, Toronto, Madrid, Vilnius, Zurich, Bogota, Mumbai Tokyo and Singapore, and has more than 20 managing partners covering areas such as financial crime, compliance and cyber-security; risk, regulation, transformation and change; client relationship and onboarding; asset and wealth management; leadership and organisation development; and data and technology.

Clients include corporate and investment banks; clearing houses and exchanges; large and boutique asset and wealth managers, private banks; private equity, hedge and fund administrators; insurers and re-insurers.

Sher, who is based in London, previously worked in New York for Mizuho Securities then West LB before becoming chairman and managing director of ALaS Consulting and then CEO of STEARCLEAR.  

Andrew Middleton served as Catalyst CEO from August 2015 to June 2019, securing investment from Livingbridge PE in 2017 for the Knadel acquisition in 2018 and the merger with Sionic Advisors in 2019. He becomes an executive director of the Sionic board, leading a portfolio of senior banking client relationships.