August is typically a quiet month but in wealth management, there were plenty of moves to and from firms to keep the newswires humming, particularly following some high-level departures at firms such as Barclays.

United Kingdom

Schroders
appointed former JO Hambro Capital Management chief executive Nichola Pease to its
board as a non-executive director. In addition to sitting on Schroders’ board,
Pease will also be a member of the nominations committee. Pease joined JO
Hambro Capital Management as chief executive in 1998, going on to become
chairman in 2008 before leaving the firm in 2011 following its acquisition by
BT Investment Management. Before joining JO Hambro Capital Management she had
been senior fund manager at Rowe Price-Fleming, having previously held fund
management roles at Kleinwort Benson and then Citibank.

Charlie Porter left his position
as head of funds and investment trusts at UK-based F&C Asset Management.
Porter is on F&C’s executive committee as well as being chief executive and
co-founder of Thames River Capital. It emerged
in May that the asset manager will drop the Thames River
brand in an attempt to streamline the business.

Coutts, the wealth management
brand of Royal Bank of Scotland,
named Scott Le Flour as an associate director in the Channel
Islands. Le Flour, who is now based in Jersey,
has been with RBS since 2002 and Coutts specifically since 2007. Before his
Channel Islands appointment he managed UK resident, non-domiciled clients.
In his new role Le Flour will be serving existing Channel
Islands clients and raising the profile of Coutts locally to grow
the business, the firm said. Coutts, which has been present in Jersey for some
forty years now, is believed to have around 1,200 Channel
Islands clients.

Mattioli Woods, the UK-based pensions consultancy and wealth
management business, appointed Joanne Lake to
its board as a non-executive director and chair of its audit committee with
immediate effect. She replaced Michael Kershaw, who retired from the board on
31 January to pursue other interests. Lake was
recently at Evolution Securities, where she worked as a corporate finance
advisor to Mattioli Woods for several years. She now works for Merchant
Securities.

Leeds-headquartered stockbroking and investment firm
Redmayne-Bentley added Russell Parker and Bruno Rapoport to its London team. The firm
said the hires reflect its commitment to providing a comprehensive and personal
service to private clients, while also expanding its London office. Parker and Rapoport previously
worked for Pritchard Stockbrokers.

Kames Capital, the UK asset management arm of AEGON,
appointed Claire McGuckin as support manager to Phil Milburn and Melanie
Mitchell, managers of the High Yield Bond and High Yield Global Bond funds. McGuckin
joined Kames in April this year, having previously worked at Legal &
General Investment Management, latterly as a fund manager and before that as an
analyst, a role she also held at Fidelity.

Close Brothers appointed Shonaid Jemmett-Page as an
independent non-executive director of the UK-listed group and Elizabeth Lee as
an executive director. Jemmett-Page, a veteran of Unilever, was most recently
chief operating officer of CDC Group. She is currently a non-executive director
of GKN and APR Energy and has previously served as a non-executive director of
Havelock Europa. Lee, who was also named group head of legal and regulatory
affairs, joined Close Brothers as general counsel and company secretary in
2009, having previously been general counsel for Europe
at Lehman Brothers. She also held various roles within General Electric’s financial
services businesses.

The wealth and investment management division of Barclays
bolstered its UK Midlands team with the addition of private banker Stephen
Howard. Howard previously worked at Coutts and Credit Suisse; while with the
former he oversaw client management and business development for the Milton Keynes area, which is also the location of his new
role. He was also instrumental in opening a new wealth management office in Oxford at the
blue-blooded bank.

Amanda Forsyth left her post as investment manager at Charlotte Square,
the Edinburgh-based firm which is part of the Raymond James Investment Services
network. She joined the firm from Adam & Company, the RBS-owned wealth
manager also based in Edinburgh,
where she had worked since 2006 focusing on investment management for
charities.

Guardian Wealth Management, which is soon to move its
headquarters to Cardiff,
appointed Michael Thraves as financial planner and head of corporate services,
effective from the start of September. In his new role Thraves will be
responsible for developing Guardian’s corporate services division – a key part
of its expansion plans. Thraves was latterly business development director at
Lane Clark & Peacock UAE, where he was responsible for leading and developing
the firm’s offering in the Emirates.

AXA Wealth named Andrew Smith as chief operating officer of
Elevate, its investment management platform, effective from 3 September. Smith
was latterly at Nucleus, the Edinburgh-based IFA wrap platform which he joined
in 2008 to oversee platform design and build. In his prior career he held
senior roles at the likes of Logica and Thomson Reuters.

Royal Bank of Scotland,
the UK-headquartered bank, announced the resignation of its chairman and chief
executive for China.
Sherry Liu departed her post to pursue "outside interests," the firm
said. Liu, who assumed the role in April 2011, was responsible for driving the
bank's overall strategy in China.
She will be replaced by Alex Chu, the head of international banking for North Asia, as chairman. Qing Cheng Hua will remain as
country executive.

US
insurer MetLife named Mark Baldwin as business and strategic development
director to focus on securing new distribution partners and building long-term
trading partnerships. He joined from Friends Provident, where he was business
development director, corporate benefits and held previous roles within the
company as account director and national account manager.

UBS Global Asset Management appointed Stephen Hutton as head
of UK wholesale, replacing Graham Kane, who retired from the business in August
last year.  Subject to FSA approval,
Hutton will oversee an eight-strong UK sales team while developing the UK
wholesale business, which had £2.3 billion (about $3.5 billion) in assets under
management at end June. Hutton was latterly Northern head of distribution and
platform proposition at Zurich Intermediary Group. He has over 25 years of
experience in the UK
wholesale market.

Liddle Perrett, the UK-based wealth manager, bolstered its team
of financial consultants with the addition of Daryl McHugh as a mortgage
broker. McHugh, who will be based in the firm’s Essex
office, has been working in the mortgage space for four years, latterly as a
mortgage packager.

Coutts, the wealth brand of Royal Bank of Scotland, named
Ben Hunt as managing director, head of derivative products, WealthBriefing
exclusively reported. Hunt joined from the wealth and investment management
division of Barclays, where he was most recently head of structured products.
Before this he held various director-level roles, including head of structured
product development and head of investment product development.

BlackRock hired Mark Long as director of research within its
real estate team based in London.
Long will oversee research and strategy for the asset manager's £2.1 billion
($3.26 billion) BlackRock UK Property Fund as well as other real estate
accounts managed in the Europe, Middle East and Africa region. Earlier in his
career, he worked for Invista, Aberdeen Asset Management and Investment
Property Databank.

Pioneer Investments, part of Italy’s UniCredit Group, bolstered
its European research team with the addition of two new research analysts. Nick
Aslibekian joined as a healthcare analyst, while Virna Valenti will cover
financials. Based in Dublin,
both report to Marco Mencini, head of European and emerging market equity
research. Aslibekian joined from Standard Life in Edinburgh,
where he was an investment director with responsibility for the Europe ex-UK healthcare sector, as well as the management
of an institutional mandate.

Towry, the UK-based wealth advisory firm, boosted its Bristol office with the
addition of wealth advisor Greg Moss. Moss, who has been a financial planner for
12 years, joins Towry from Old Mill, a Welsh accountancy firm where he had
served private clients. In his prior career he was an investment advisor at AWD
Chase de Vere. In other recent hires at the firm, in June Towry made two senior
appointments within its advice policy team.

WH Ireland, the UK-based stockbroking, wealth management and
corporate finance services firm, appointed Richard Killingbeck as head of
private wealth management, succeeding John Scott. Once Killingbeck has taken up
his new role on 18 September Scott will return to managing his private client
portfolios, the firm said in a statement. Scott will however remain on WH
Ireland’s board as an executive director.

The Law Society, the professional body for solicitors in England and Wales, appointed Simon Leney as
chairman of its private client section, for a term expected to be two to three
years. Leney is a partner in the wealth preservation group of Cripps Harries
Hall and specialises in complex wills, trusts, personal tax and probate work.
He has served on the private client committee of the Law Society since 2010.

The Financial Services Authority named Tracey McDermott as
director of its enforcement and financial crime division, according to an
internal announcement.

McDermott joined the FSA in 2001 as an associate in
enforcement and has served as acting director since April 2011. She has
experience in European and international jurisdictions, having worked in the US, Brussels and Australia as a
solicitor in private practice.

Adam & Company, the Edinburgh-based private bank, added
Linda Urquhart OBE and Alexa Henderson to its board as non-executive directors.
Urquhart started her career as a solicitor at Morton Fraser, moving on to
become chief executive - a position she held between 1999 and 2011. She sits on
several boards, including the roles of chairman of Morton Fraser, non-executive
board member of the Confederation of British Industry and chairman of Investors
in People Scotland. She is also a Member of UK Commission for Employment and
Skills Investors in People advisory board, a member of the development board of
The Prince’s Trust Scotland
and an Ambassador for Girlguiding UK.

Barclays, the global banking titan recently hit by the
interbank rate-rigging scandal, appointed Sir David Walker, a former chairman
of Morgan Stanley, as its new chairman. Sir David will join the bank at the
start of September and then succeed Marcus Agius, who announced his resignation
as chairman after Barclays was slammed with fines totalling £290 million
(around $455 million) in June for misconduct relating to the inter-bank
interest rate market, with effect from 1 November this year. Sir David is
currently a senior advisor to US
bank Morgan Stanley International, having previously held the position of
chairman.

Pioneer Investments, part of Italy’s UniCredit Group,
appointed Marc Robinson as a sales director for Europe, the Middle East and
Africa, in the latest development of the asset manager's expansion in London.
He joined from Amundi in London,
where he held the same position for global financial institutions. Before that,
he was UK discretionary
sales manager at Lehman Brothers Asset Management, also in London. He joined Lehman Brothers from ABN
AMRO Asset Management and began his asset management career at HSBC Investment
Bank.

Rathbone Investment Management hired Stephen Hunter as
investment director at its Edinburgh
office. He will report to David Macaulay, regional director of Rathbones’ Edinburgh office. Hunter
joined from Cornelian Asset Managers, where he was a director within the
private client and charity team having been head of investment research and
responsible for client assets totalling over £120 million (about $190 million).
Before that, he was at ABN Amro Asset Management in London.

Coutts, the wealth division at Royal Bank of Scotland, hired
Keith Wilson to fill the newly-created role of head of products and services
development. Wilson, who also assumes the title of managing director, joins
from the wealth and investment management of Barclays, where he was in charge
of products for Barclays Wealth Advisory. Earlier in his career, he held a
number of senior roles in the structured capital market segment at Barclays and
as part of structured solutions at Citigroup. He also spent five years as a tax
lawyer with Linklaters. In his new job, Wilson
will be based in London
and lead the products and services development team internationally. He will
report to Ian Ewart, head of products, services and marketing.

Quilter took on David Butler and Simon Church as regional
development managers in London.
Butler spent
the past two years at Cofunds as regional account manager, responsible for
helping regional and national independent financial advisors develop their
businesses. Before that, he spent five years at Insight Investment. Meanwhile,
the firm said Church was most recently a sales development manager at Metlife
Europe Limited, where he focused on establishing relationships with IFAs, as
well as working on bespoke client investment strategies.

UK-based Hasley Asset Management hired a new partner and a
fund manager in a bid to expand its business rapidly over the next 18 months.
Richard Philbin has joined as a partner and fund manager in the multi-manager
space, while Alastair George has joined as fund manager of the firm's
"best ideas" and "diversifier" funds. Jeremy Nunn, one of
the firm's partners, told this publication that the firm will be looking to
launch three new funds for Philbin this autumn.

UK
advisor network Openwork hired Billy Hewitt as recruitment director for Scotland.
Formerly business development director at Honister Capital, Perth-based Hewitt
has, as part of his new position, already engaged with a “significant number”
of ex-Honister advisor practices. Before Honister, Hewitt was financial
services director at Nexus Financial Planning, having worked previously at
companies including St James’s Place, Pearl Assurance and Legal & General.

Scottish Widows Investment Partnership, part of UK's Lloyds
Banking Group, appointed William Low as director of equities, after a
repositioning of its equity strategy. Low succeeded Andrew November, who has
held the position since August 2010. November stays at the firm in the newly
created role of investment propositions director where he will focus on
developing the SWIP investment proposition for Lloyds Banking Group’s clients.
Low first joined the firm last year after 15 years with BlackRock, most
recently as director and portfolio manager leading a portfolio team focused on
Europe, Australasia and the Far East.

Rothschild Wealth Management & Trust appointed former
UBS managers James Peterson and Daniel Riley to its UK business as director and
assistant director respectively. Peterson previously worked at UBS where he was
a senior client advisor to some of the firm’s largest private clients, working
in the ultra high net worth team. He was originally a client advisor with the
Swiss banking giant for six years before leaving to join multi family office
business Maxcap as an equity partner in 2008. He re-joined UBS in 2009. His
focus is on UK
resident clients, both domiciled and non-domiciled. Peterson is also an ex-UBS
employee; he worked at the firm for six years as a client advisor, also in the
UHNW team. Prior to that, he worked for Goldman Sachs as a senior foreign
exchange derivatives analyst.

Ignis Asset Management added Ingrid Neitsch to Ignis
Advisors, the firm’s alternatives division, as head of credit strategies.
Neitsch will be responsible for investments in hedge funds and private equity
in credit markets. The firm said it is planning to launch a strategic credit
fund - to be overseen by Neitsch - in the final quarter of 2012. The fund will
invest in specialist, low-liquidity credit strategies.   Neitsch joined Ignis from Financial Risk
Management, an institutional fund of hedge funds manager, where she was sector
head, responsible for credit.

Coutts, the wealth division of Royal Bank of Scotland,
appointed Sabrina Del Prete to the newly created role of head of client
solutions. Del Prete was latterly head of strategic partnerships and
international third party distribution at Barclays. She has previously held
other senior roles at the UK bank, including global head of investment product
distribution and global head of structured product distribution.

Ashcourt Rowan, the UK-based wealth management group,
appointed Alan Scrimger as head of fund research. Scrimger joined from Standard
Life, where he was a member of the team that built the company's investment
proposition in 2010, raising £1 billion ($1.57 billion) of new assets. Before
that, he was head of portfolio construction at Ermitage. He will now become
part of the Ashcourt Rowan's eight-strong research team put in place by the
business over the last year.

First State Investments, also known as Colonial First State
Global Asset Management in Australia,
reshuffled its property team as its head, Andrew Nicholas, has left the firm to
pursue other opportunities. Nicholas has been with First State
for six years and the next destination in his career is unknown at this stage. Stephen
Hayes, based in Sydney,
was appointed as new head of property securities. Hayes first joined the
company in 1999, but left for Perennial, a Sydney-based investment firm, in
2006.

Avelo, a UK
technology firm specialising in financial services, appointed Chris McGraw as
director of strategic relationships. McGraw joined from Intelliflo, where he
was head of enterprise sales. In his 30-year IT career, McGraw has worked for
firms such as Sun Microsystems, Sourcing Partners and Focus Business Solutions.
He has also had his own business consultancy. In his new role at Avelo, he will
be responsible for managing relationships with new and existing key enterprise
clients, with particular focus on banks and building societies.

Barney Hawkins, formerly an investment director at UBS
Wealth Management, will be joining Brewin Dolphin later this year. Hawkins will
be joining the firm's team in Newcastle,
but did not wish to make further comments.

Brewin Dolphin also added Ian Cooper - latterly of Quilter -
as an investment companies analyst based in Newcastle.

Stonehage, the wealth management firm, confirmed that the
head of its family office division, Andrew Rodger, is leaving the company where
he has worked since 1997. It was reported by Spear’s, the magazine, that he is joining Cunningham Loewenstein
Asset Management, also a multi-family office founded last year.  Rodgers’ role will be taken over by Andrew
Nolan, managing director, who has been with the company for over 15 years.

Kleinwort Benson, the UK
wealth management firm, beefed up its banking business with two appointments
based in Guernsey. Rod Keiller came on board
as senior business development manager, while Meloney Cohu joined as manager of
client services. Keiller has worked for three decades in banking, having
started his career at Royal Bank of Scotland in 1981. Cohu started her career at Lloyds Bank (now Lloyds
TSB) where she worked for 14 years, latterly as customer services manager of
C&G (Lloyds TSB Managed Bank).

Hargreaves Lansdown hired Adrian Lowcock, who will be joining the
UK-based investment supermarket's investment research team in November. Lowcock
was latterly at Bestinvest, which he joined in 2003 from Natwest Stockbrokers.
In his new job, he will be based in his new employer's head office in Bristol.

BNY Mellon, the New
York-listed investment management giant, bolstered its wholesale distribution
team in the UK
with three appointments. Russell Bignall joined last month as head of national
network and bank distribution, after having spent the previous 10 years at
Standard Life, where his roles have included heading the UK distribution
team responsible for bank and wealth manager segments and specialist investment
sales. Anita Rennie also joined last month as head of BNY Mellon's advisory
telephone sales team. She was latterly at Schroders where she worked for 12
years as a business analyst and project manager for sales and marketing in London and Asia before
moving into the sales team. Adrian Gough will join the firm's discretionary
team this month. He was most recently head of investment management at RSM
Tenon, where he was responsible for over £3 billion ($4.8 billion) of client
assets.

Baring Asset Management, the
international investment manager, named Christopher Mahon as director of asset
allocation research. Mahon
joined Barings from London-based Momentum Global Investment Management, part of
the South African insurance group Momentum. He is replacing Toby Nangle, who
left Barings earlier this year. Mahon will take
up his post this month and be based in London,
reporting to Percival Stanion, head of the firm's global multi-asset group and
chairman of its strategic policy group.

Whitechurch Securities added
Amanda Tovey to its investment team in a bid to boost its discretionary
investment management capabilities. Tovey was latterly at the investment and
wealth division of Barclays, where she managed modelled and bespoke private
client and charity portfolios including SIPPS, trusts and offshore bonds.
Before Barclays, she worked at US-based Alliance Bernstein as a performance
analyst. In her new role, Tovey will have a remit to oversee client portfolios
and undertake research with a view to strengthening the discretionary side of
Whitechurch.

Fleming Family &
Partners, the London-based multi-family office and wealth manager, appointed
Andrew Hadley-Grave as investment manager and head of direct equities.
Hadley-Grave joined from Credit Suisse Asset Management, where he was chief
investment officer for the UK
and Channel Islands and deputy chairman of the
international asset allocation committee. He was also in charge of equity and
alternative investment within the firm's multi-asset class solutions team.
Before Credit Suisse, he was at Royal Bank of Scotland
within group enterprise risk, having begun his career as a chartered accountant
at Deloitte in Cape Town, South Africa.

Richard Charnock named
managing director, advisors and investments at Standard Life, having previously
held the post of chief executive, Standard Life Wealth, the
Edinburgh-headquartered financial services group announced as it unveiled a
number of senior management changes. Harcus Sinclair, the London-based private
client law firm, appointed former Barclays senior wealth management advisor
Jonathan Burt as a partner, the firm said today. He will work in the private
client, tax and trusts group, joining on 17 September. In his previous job,
Burt worked at the wealth and investment arm of Barclays (then known as Barclays
Wealth) for five years, latterly as managing director and head of key clients
in its wealth advisory business.

New Quadrant Partners, the
London-based boutique private client law firm, added Jonathan Colcough and
Kiran Vasudeva to its team. Colcough joined a senior associate and advises on
tax. He was most recently at Maitland in London
in trust, estate and succession planning with a particular focus on
international matters for individuals, family offices and offshore trustees.
Before that, he was with Boodle Hatfield.

Barclays Private Clients
International appointed Andrew Cole and Phil O’Shea to its board of directors
based on the Isle of Man. Cole has been with the wealth and investment
management division of Barclays since September last year, working as head of
wealth services and Isle of Man operations. He was previously with Close
Brothers in Guernsey and JP Morgan in South Africa, where he held senior
roles. O’Shea rejoined the wealth and investment management arm of Barclays
last year as head of risk after a six-year break from the organisation during
which he established a consultancy business. He had previously worked for
Barclays for 26 years.

Barclays Bank appointed
Andrew Jenkins, who currently leads the firm's retail and business banking
business, as its new chief executive. He takes over after Bob Diamond
resigned in the wake of the interbank interest rate rigging scandal which
emerged earlier this summer. Jenkins will report to newly-instated
chairman-elect Sir David Walker, who himself replaced former chairman Marcus
Agius. Agius, who resigned the day before Diamond, continues as chairman until
November, when Walker
will take up the mantle.

Switzerland

Sberbank, the Russian banking group made three appointments
to its private banking team. Julia Petrova joined as head of lifestyle, a role
incorporating responsibilities for analysing client needs, developing strategy
and widening the product offering for private banking clients with regard to
lifestyle services. She was latterly the managing director of private banking
at NOMOS-BANK, having joined in October 2010 after holding the position of vice
president for sales and strategy at Everest Asset Management.

Alexei Dolgikh and Igor Prokhaev joined the team at Sberbank
as vice presidents and group heads. They both joined after a long stint at
Troika Dialog’s global markets department.

Professor René Matteotti joined law firmBaker & McKenzie
in Zurich as Of
Counsel. He has held the chair of Swiss, European and international tax law at
the University of
Zurich since August 2012.
Professor Matteotti concentrates both academically and in his advisory capacity
on corporate taxation, the implementation of the “white money strategy” by the
Swiss banks, information exchange in tax matters - especially with respect to
the US - and the withholding
tax agreements between Switzerland
and various European countries.

Agenda Invest, the Lugano-based multi-family office,
appointed former UBS director James Bowen to the post of partner. Bowen, who
had focused on Kuwait and
the Maghreb in his previous role, is setting up a UK
office for Agenda.Prior to his five-year stint at UBS, Bowen was a private
banker with BNP Paribas in London
for five years. He gained his banking experience with Barclays Corporate
Banking and Barclays Wealth (as it was then known) from 1997 to 2002.

Dina Bsiesu, formerly head of the Middle East desk at
Standard Chartered in Geneva,
joined Crédit Agricole Suisse. She was previously a managing director at
Deutsche Bank and a vice president with Citi with a specific focus on Qatar and the
UAE.

Maitland, the private client law firm, made two partner
promotions at its Geneva
office, elevating Michael Wells-Greco and Anna Steward from senior associate
level. Wells-Greco and Steward have been with Maitland since November of 2011 –
a time when the firm made a series of appointments in Geneva,
Cape Town and London which brought its cross-border private
client team to a headcount of 20. Both Wells-Greco and Steward had previously
been with Withers in Geneva.

International

Sumit Sibal, previously the head of global South Asia at RBC
Wealth Management, left to join Emirates NBD in London as its head for non-resident Indian
business (UK & Europe). Sibal, who joined Emirates NBD over a month ago,
had previously spent eight years with Citi covering the NRI market.

RBC Wealth Management also appointed former HSBC
relationship manager Ben Taylor as a director on its London-based Middle East
& Levant desk. Taylor has the task of
extending the firm’s reach into the Middle Eastern markets, with a specific
focus on Abu Dhabi and Oman. He
previously worked at HSBC Private Bank in London,
where since 2010 he was a relationship manager for the MENA region, focusing on
the UAE and Oman.

HSBC India’s Shantanu Ambedkar was named managing director
and head of private banking, taking over from Ramnath Krishnan, who moved to
HSBC Malaysia to serve as chief risk officer. Ambedkar, who joined HSBC in
1994, was most recently managing director and head of institutional sales for
the firm’s global markets business in India.

Middle East and Africa

The private banking arm of Lloyds TSB hired Anthony Valgimigli
to head its high net worth business in the Middle East.
Valgimigli joined after nearly three decades at Barclays, two thirds of which
at the bank’s Middle East private banking
business. In his new role, he will be based in Geneva
and lead teams in Switzerland
and Dubai. He
reports to Martin Fricker, HNW director.

Europe

Pioneer Investments, part of Italy’s UniCredit Group, bolstered
its multi-asset business, appointing Nicholas Pothier as senior portfolio
manager. He joined after four years at HSBC Global Asset Management, where he
had the same title.

Markus Kulessa joined the Carmignac Gestion European
equities team as an analyst, based in the firm's Paris head office. The team is headed by
Laurent Ducoin. Kulessa, who is German, gained analytical experience in the
mergers and acquisitions department at KPMG in Frankfurt and before that at
Société Générale and Wachovia Securities in London.

Bravura Solutions, the wealth management software firm, appointed
Alex Hofmann to its propositions team. Based in Bravura's London
office, he is responsible for growing the Sonata wealth management business in
the Europe, Middle East and Africa (EMEA)
region. Hofmann reports to Nick Parsons, Bravura’s business development
director.

Brewin Dolphin, expanded its Tilman Brewin Dolphin brand
with three hires in Dublin.
The firm’s Irish affiliate will be joined by investment managers Richard Flood
and Daniel McCauley as well as retirement asset manager Suzanne Cashin.

Kathrein Privatbank, one of the largest players in the Austrian
high net worth market, appointed Dr Susanne Höllinger as its new chief
executive, effective from the start of next year. She replaced Dr Christoph
Kraus, who had been Kathrein´s CEO for the past 13 years, but left to set up
his own business at the beginning of 2013. Dr Kraus continues to work with the
private bank as a consultant. Dr Höllinger joined from Erste Bank Austria,
where she had been in charge of the private banking business since 2004.

JP Morgan Asset Management added Peter Pergovacz to its
global liquidity sales team covering Europe, the Middle East and Africa. Pergovacz joined from JP Morgan Worldwide
Securities Services, where he was a relationship manager for clients from
insurance companies, corporates, pension funds and foundations in Germany, Austria
and Switzerland.

James Gledhill, global head of high yield at AXA Investment
Managers, took over from Andrew Wilmont as head of the European high yield
team. The firm confirmed that Wilmont left the firm in order to pursue other
opportunities.

Hew Glyn Davies, a UK-based investment banker who spent more
than three decades at UBS, was promoted to the position of vice chairman of UBS
UK.
Previously, he was vice chairman of the bank's investment banking department in
the UK.

Carmignac Gestion named Cora Pfab as sales manager for
Southern Germany and Austria.
Pfab reports to Kai Volkmann, country head for Germany
and Austria.
Pfab was latterly sales manager for Germany
at F&C Thames
River (which is now dropping the Thames River
brand completely) in London.

Madrid-headquartered platform Allfunds Bank added two senior
analysts to its fund research team based in London: Mark Hinton and Anaïs Gfeller.

Hinton previously worked in the UK
market for Kleinwort Benson and Bestinvest, while Gfeller has worked for Switzerland's Lombard Odier both in Geneva and Hong Kong.

North America

Brown
Brothers Harriman, a privately-held financial services firm, brought in
Michael Kim to serve as chief investment officer of its wealth
management business, based in New York.

Kim, who rejoins the firm having initially started in 1994, will have
overall responsibility for Brown Brothers Harriman Wealth Management's
investment offering globally, including asset allocation, manager
selection and investment performance. He reports to Charlie Izard,
partner responsible for wealth management.

In addition to his CIO role, Kim will also co-chair the asset
allocation committee, alongside chief investment strategist Scott
Clemons.

La Vista, NE-based Securities America, an independent broker-dealer, added Ryan Kaufman as a registered representative.

Kaufman’s branch has nearly $1.3 million in annual revenue. His
business, Koi Wealth Management, is located in Rocklin, CA. He joined
from Woodbury Financial Services.

San Francisco-headquartered Union Bank appointed Michael Mortensen as
chief executive of its brokerage subsidiary, UnionBanc Investment
Services.

Mortensen was latterly president and chief executive of PNC
Investments, the retail brokerage of PNC Financial Services Group. He
worked at the firm for 18 years in total.

At Union, he will report to Dennis Mooradian, executive vice
president and head of wealth markets. He replaces Steven Short, who left
the firm earlier this year.

Cambridge Associates, the investment advice and research provider,
appointed Jeffrey Mansukhani as a managing director, responsible for the
firm’s research navigator strategy.

Mansukhani was previously a specialist consultant at Cambridge,
creating and overseeing private portfolios for university, foundation,
non-profit and family wealth clients, with total assets of between $200
million and over $100 billion.

Abigail Johnson was named president of Fidelity Investments,
succeeding her father, Edward Johnson, who will now serve as chairman
and chief executive.

In her most recent position at Fidelity, Abigail Johnson was
president of the personal, workplace and institutional services
organization, which includes the retail and institutional brokerage
divisions, as well as retirement and benefits services.

Barclays named a new chief executive to succeed former leader Bob
Diamond, who resigned last month over the interbank rate-rigging
scandal. Antony Jenkins, who currently leads Barclays' retail and
business banking business, starts immediately in the top role. He joined
the group executive committee of Barclays in 2009. His previous role as
CEO for retail and business banking included responsibility for retail
banking in Barclays Africa and Absa.

Jenkins will report to newly-instated chairman-elect Sir David
Walker, who himself replaced former chairman Marcus Agius. Agius, who
resigned the day before Diamond, continues as chairman until November,
when Walker will take up the mantle.

Nasdaq-listed Enterprise Financial Services appointed Michael
Kowalkowski as chief investment officer of Enterprise Trust, the firm’s
wealth management, private banking and financial advisory division.

Prior to joining Enterprise, Kowalkowski served as senior portfolio manager at TIAA-CREF Trust Company. 

Lyxor Asset Management, a subsidiary of France’s Societe Generale,
appointed Michael Bernstein head of North America business development.

Bernstein has been with Lyxor since 2009, most recently holding the
role of head of US pensions and consultants. The firm is also looking to
expand its local business development team to support its growth in
North America.

Nasdaq-listed Calamos Asset Management added Keith Schappert and
William Shiebler as independent board members, effective August 22,
2012.

Earlier in his career, Schappert spent just under three decades at JP
Morgan Investment Management, eventually taking over the role of
president and chief executive of that business. He has owned his own
consulting firm since 2008.

Shiebler was CEO for the Americas for Deutsche Asset Management up until his retirement in 2007.

Minneapolis, MN-based US Bank has taken on Helen Zhou as managing
director of private banking of its Private Client Reserve in San
Francisco, CA.

Zhou will oversee specialized lending and depository services for
clients, for both their personal and professional accounts. She will
also be in charge of leading and expanding the private banking team and
client base in San Francisco, Palo Alto and San Jose.

Previously, Zhou was a vice president and senior private banker at
Wells Fargo, where she oversaw full-service banking, investment
management and trust, and brokerage relationships with high net worth
families.

SignatureFD, the Atlanta, GA-based RIA, appointed Jim Tally as a partner of the firm and senior relationship manager.

Tally joined from US Trust, where he was a senior vice president and
private client advisor. Before that he worked at BofA Private Wealth
Management, Merrill Lynch and SunTrust.

Bank of America's Merrill Lynch expanded its broker force in New York
and North Carolina by recruiting three senior advisors from UBS’s
Americas wealth management group.

The new hires, who moved to Merrill in early August, managed more
than $323 million in client assets at UBS and generated roughly $3
million in annual production last year.

In New York, Lee Miller and Andrew Pleat joined Merrill's Saratoga
Springs office after more than five years at UBS Wealth Management
Americas. They managed $182.6 million in client assets together and had
annual production of $1.2 million.

In North Carolina, Mark Kean joined Merrill's Cary office after eight
years at UBS, where he managed $140.5 million in client assets and
generated $1.8 million in annual production. Kean, a roughly
three-decade industry veteran, worked at Citigroup prior to joining
UBS's Raleigh office.

SunTrust Bank appointed Deborah Minnick as president and private wealth managing director for Collier County, FL.

Minnick is based in the Pelican Bay office from where she oversees
SunTrust’s private wealth management client advisors throughout the
Naples and Bonita Springs markets.

Kevin Cloherty was promoted to global compliance chief for Manulife Financial and John Hancock, based in Boston, MA.

Previously, Cloherty was senior vice president and deputy global
compliance chief to James Gallagher, executive vice president, general
counsel and chief administrative officer at John Hancock Financial
Services.

Cloherty is responsible for Manulife's compliance activities
throughout the US, Canada and Asia. He reports to J-P Bisnaire,
Manulife's senior executive vice president of the corporate development
and general counsel, and the audit committee.

The Hartford Financial Services Group is letting go of its wealth
management head David Levenson effective September 28, ahead of an
agreed departure date in February 2013.

The Hartford is undergoing significant restructuring at the moment,
and earlier this year the firm offered Levenson a retention bonus of up
to $2 million to remain “actively employed” through February 28, 2013.
However, it filed a form with the Securities and Exchange Commission
saying it released Levenson from its earlier agreement.

Emerging Global Advisors, the emerging markets asset management firm,
appointed Susan Ciccarone from Goldman Sachs as chief financial
officer.

Ciccarone joined after three years at Goldman Sachs’ financial
institutions group. She is also a former UBS employee, having joined
Goldman from UBS in 2009 after working at the Swiss firm since 2002. She
became a managing director at Goldman in 2010.

Legacy Family Office, a Naples-based multi-family office, took on Danielle Dion as a client service associate.

Prior to her appointment at Legacy, Dion was executive assistant and
office manager for American Capital Wealth Managers, an SEC-registered
independent investment advisor.

Los Angeles, CA-based accounting firm Holthouse Carlin & Van
Trigt appointed Dennis Ito as a tax partner within its Encino office.

Ito provides income, retirement and estate tax compliance and
consulting for private business owners, investors, retirees and
executives.

The PrivateBank appointed John Keegan as managing director and head
of private wealth for the Michigan region, and named Bruce Beaumont
managing director and investment advisor.

Keegan joined the firm from Bank of America/US Trust, where he spent
most of his nearly 25-year career so far. Most recently, he served as
senior vice president and Michigan market investment director. In his
new role, he reports to Kristine Garrett, head of private wealth.

Bank of America named Michael Lawrence, who was recently promoted to
complex director for New Mexico for Merrill Lynch Wealth Management, as
president for the state.

He replaces Jim Smith, who is moving to a new role at Bank of America Merrill Lynch in Chicago.

Lawrence joined Merrill Lynch in 2000, when he started out there as a
financial advisor. He now oversees 75 financial advisors along with
other employees in six offices in New Mexico.

Calamos Investments appointed Gary Black as global co-chief investment officer as it acquired his firm, Black Capital.

Black will be responsible for leading the investment team along with
founder John Calamos, replacing Nick Calamos. He will oversee portfolio
management, research, trading and risk management. Concurrent with his
appointment, Calamos Investments added a long/short equity capability
through the acquisition.

Before founding Black Capital, Black served as chief executive of Janus Capital Group from January 2006 through July 2009.

Meanwhile, Nick Calamos, president of investments and global co-chief
investment officer, is stepping back from his day-to-day role at the
business while remaining on its board of directors. He will spend more
time on personal interests.

DA Davidson & Co, the investment firm, appointed Dustin Brumbaugh
as senior vice president, director of individual investor group
research.

Brumbaugh will oversee equity research at the firm for its individual
investor group, which provides services to individual investors,
businesses and nonprofit clients. He will be based in Seattle. The firm
has around 235 financial consultants and Brumbaugh will work on creating
new channels to deliver research to them and their clients.

He joined the firm from EK Riley Investments, a Seattle-based firm,
where he was senior vice president, director of research. Before that he
worked at Wells Fargo Investments, where he was a senior equity analyst
in his latest role.

RBC Wealth Management changed its senior leadership team.

Paul Patterson, currently head of global trust, was appointed to the
position of deputy chair, RBC Wealth Management, for ultra high net
worth - international. He is based in London.

This move followed Michael Lagopoulos’ decision to retire from RBC after 26 years’ service, on October 31.

Stuart Rutledge, who is currently head, global wealth services,
strategy and transformation, was appointed to the position of head,
global trust, RBC Wealth Management. He is based in Jersey. As chair of
RBC's global trust advisory board, he will also oversee RBC Wealth
Management’s trust business internationally.

Both men, whose appointments become effective as of October 1, will
remain on RBC Wealth Management’s operating committee and continue to
report to George Lewis, global head, RBC Wealth Management.

Malvern, PA-based Palladiem, an independent investment advisory firm
that provides strategies to financial advisors and broker-dealers,
appointed financial services veteran John Lake as national sales
director.

Prior to joining Palladiem, Lake served as a regional director for
Loring Ward and as an assistant vice president and senior regional
director for Lockwood Advisors, an affiliate of BNY Mellon’s Pershing.

At Lockwood, Lake was responsible for wholesaling discretionary
unified managed account, mutual fund wrap and separately managed account
products to the independent advisor and RIA channels across 14 states.

KPMG, an audit, tax and advisory firm, added a raft of partners and
managing directors to its alternative investment funds practice, citing
the “increasingly complex” environment that investment managers face.

Ted Carreiro joined as a federal tax partner, based in Boston. He
most recently worked with alternative investment fund clients, helping
them become FATCA-compliant. He is a former managing director of State
Street Bank and Trust’s alternative investment fund group.

Also in Boston, Laura Thompson joined as a managing director in the
international tax practice, with a focus on asset management and fund
families in Boston and New York. She joined from Bain Capital, where she
was a vice president of the general partner group.

Angela Yu joined the New York office as a partner for the US real
estate tax practice. Prior to this role, she was an international tax
partner at KPMG’s Washington national tax practice and Vancouver US tax
planning practice.   

On the West Coast, the firm added Michael Richards as a partner,
responsible for leading its transaction services practice there. He was
latterly a partner at another “Big Four” firm, where he provided M&A
advisory services to large private equity clients.

Rounding off the hires, KPMG brought in Phillip DeSalvo as a senior
manager for tax. Before joining the firm, he worked at an international
public accounting firm, based in San Francisco.

Charlotte Beyer stepped down from her role as chief executive of the Institute for Private Investors.

Beyer founded the organization and had been at the helm for 20 years.
At the beginning of last year she oversaw the firm’s sale to Campden
Media, and going forward Dominic Samuelson, managing director of Campden
Wealth, will take on full responsibility for IPI.

Mindy Rosenthal, executive director of IPI and managing director of
Campden Wealth, US, has also taken on some of Beyer’s day-to-day
responsibilities, along with Samuelson.

Beyer will remain involved, serving as a strategic advisor to the
Private Wealth Management program, which the firm runs in collaboration
with The Wharton School of the University of Pennsylvania and Singapore
Management University.

Chicago’s HighTower took on the Dillig Bowen Group duo - managing
approximately $1 billion for ultra high net worth families - from Credit
Suisse.

Matt Dillig and Ted Bowen join as partners and managing directors and
will operate from the firm's Chicago, IL, headquarters. Together, the
pair has 22 years of experience in the financial services sector and
represents the eighth new advisor team to join HighTower so far this
year.

Bank of America's Merrill Lynch hired two private wealth advisors
from Abbot Downing, Wells Fargo's ultra high net worth wealth arm.

Westcott Jones and Scott Vogel oversaw more than $1 billion in client
assets for Abbot Downing. They joined Merrill Lynch's private banking
and investment group in late July.

The pair was previously part of Lowry Hill, a boutique wealth
management firm that merged with Wells Fargo's family wealth business in
April to form Abbot Downing.

The two advisors, based in Wayzata, MN, joined the team of Swenson
Jones & Associates, a part of Merrill Lynch's private banking and
investment group which serves ultra high net worth clients.

San Francisco-based Sanctuary Wealth Services appointed Bernie Notas
as chief financial officer of Sanctuary Securities, its registered
broker-dealer firm.

Notas previously served as CFO of BTIG, OffRoad Capital, Montgomery Securities, and Rooney Pace Group.

Meanwhile, Jill DeMayo joined the firm as a compliance officer at
both Sanctuary Wealth Advisors and Sanctuary Securities. She has 15
years of industry experience and will work alongside Talia Brandt, who
has served as a compliance officer at Sanctuary for the past three
years.

JHS Capital Advisors, a dual registered broker-dealer and RIA,
appointed Steven Lofquist as a first vice president, financial advisor.

Lofquist is based in the firm’s Leawood, KS, office and manages $40
million in client assets. He joined from RBC Wealth Management, where he
was a vice president for three years. During his time there he was
selected to join a consulting group of advisors who had successfully
built fee-based businesses.

Raleigh, NC-based Hatteras Funds, the alternative investment manager,
promoted Robert Murphy to chief investment officer of the firm’s
alternative mutual funds.

Murphy will lead the investment team while continuing in his role as
director of risk management. He also remains as co-portfolio manager of
the alternative mutual funds, alongside Mike Hennen.

Philadelphia-based Janney Montgomery Scott appointed Jeff Smith as
senior vice president and branch manager of its Washington, DC, office -
a role in which he will lead the firm’s expansion in the Capital
Region.

Smith will report to James Dornan, regional manager. He started his
career in the financial services industry in 1990 as a financial
advisor, moving to Legg Mason in 2004 as director of sales for the
central division.

Evercore Wealth Management, a subsidiary of Evercore Partners,
appointed Jordan Szekely - latterly of Goldman Sachs - as a vice
president and financial advisor.

At Goldman Sachs, Szekely served as a wealth advisor to high net
worth individuals, families and foundations. In his New York-based role
at Evercore he will work with colleagues in Minneapolis and San
Francisco, reporting to Wendy Barasch, partner and head of sales and
marketing.

Kansas-based Mariner Wealth Advisors, an independent advisory firm, took on Paul Lutz as an advisor in Lee’s Summit, MO.

New Jersey-based Beacon Trust Company, a subsidiary of The Provident
Bank, hired Frank Deluca as a vice president and wealth advisor.

Deluca joined Beacon Trust from Bank of America Merrill Lynch, where
he was a client manager and wealth management banker. There he was
responsible for a portfolio of 400 households with $100 million in total
deposits and investments, and $75 million in loans.

Chicago’s Northern Trust appointed Norman Greenidge as national
director of the firm's professional athlete group - a role in which he
will focus on meeting the unique wealth management needs of this client
segment.

Greenidge reports to Michele Havens, president for the Los Angeles, CA, region.

The tax firm WTAS brought in Paul Laughlin as a managing director at
its private client services office, based in Chicago. Laughlin joined
from Deloitte Tax, where he was a partner for a decade, following a
24-year stint at Arthur Anderson.

Peter Wyrough joined Concert Wealth Management as an advisor,
launching the firm’s first office in the Washington, DC, area. Wyrough -
who joined Concert in early August from brokersXpress - also plans to
expand Concert’s advisor presence in the region.

M&I Wealth Management, part of BMO Financial Group, promoted
Michelle McAfoos to regional director of private banking for the central
states region.

McAfoos will oversee the operations, business development and client
relationships of three private banking teams in the Kansas City and St
Louis, MO, and Indianapolis, IN, markets. The teams serve clients with
at least $1 million in investable assets.

Bank of America appointed Larry Otto, Midwest regional president for
US Trust, to the additional roles of Missouri state president and St
Louis market president.

Otto is a long-time BofA employee: he joined a predecessor
institution of the firm in 1977. He replaces Patricia Mercurio in the
state and market president roles. She held them for over a decade but is
retiring in October.

New York-listed Raymond James added the Gables Legacy group, who
latterly managed $300 million in client assets at Morgan Stanley Smith
Barney, to its practice in South Florida.

The team consists of advisors Vann Wilder, senior vice president of
investments, and Van Martin, wealth management specialist and advisor,
in addition to Maria Wilder, their associate.

RBC Wealth Management expanded its advisor base in California with a
team of hires from Wells Fargo Advisors, the brokerage unit owned by San
Francisco, CA-based Wells Fargo.

Tim Bockhold and Bob Voorhees, senior vice president and first vice
president respectively, previously managed over $200 million in client
assets with their team at Wells. At RBC they operate from the office in
Newport Beach and are joined by client associates Maureen Ortiz and
Kathleen Carroll.

Fifth Third Bank appointed Martin de St Pierre as a wealth management
advisor for the South Florida affiliate, based in Naples. de St Pierre
joins from US Bank, where he was vice president and regional wealth
management consultant for the West Coast of Florida.

Two financial practices based in Connecticut and Utah joined Wells
Fargo Advisors Financial Network, Wells Fargo's independent retail
brokerage arm, with a combined $225 million in assets under management.

The JayPex Financial group in Uncasville, CT, is comprised of
financial advisors Jayme Lemaire and Jamie Nowakowski, with $1.1 million
in production and over $96 million in AuM. Lemaire and Nowakowski
joined Wells from Citizens Bank.

Meanwhile, in St George, UT, the Schofield group investment
management team consists of father and son Richard and Dustin Schofield,
who were most recently with Morgan Stanley Smith Barney. Together, they
manage $128 million in assets, with 35 years of experience in the
financial services industry.

Palisades Hudson Financial Group expanded to the West Coast this
month, naming Paul Jacobs as its new chief investment officer, among a
raft of other hires and promotions at the Scarsdale, NY-based firm.

Jacobs, a long-time Palisades employee, took over as CIO from
Jonathan Bergman, who left the firm last month. The firm said Jacobs
will remain as manager of the firm's Atlanta, GA, office.

Fiduciary Trust Company International took on Gloria Fieldcamp as
managing director of business development, based in New York. She is
responsible for building new investment and trust client relationships
with individuals, families and foundations. She reports to Chisholm
Lyons, executive vice president of the firm’s business development and
marketing teams.

Fieldcamp was previously first vice president of the private banking and investment group at Merrill Lynch.

Bank of the West bolstered its wealth management segment with the
addition of Drew Brahos and Bruce Wetter as market strategist and senior
portfolio manager respectively.

Brahos is formerly of Santa Barbara Bank & Trust, where he was a
senior portfolio manager. Before that, he served as senior economist at
Bank of America, focusing on international equity strategy, asset
allocation and fixed income strategy.

Wetter was latterly a portfolio manager at HighMark Capital
Management and a relationship manager within Union Bank’s private
banking group. In his new role at Bank of the West he is based in San
Francisco, CA.

Rothstein Kass acquired a 16-person team in the shape of Boston-based
JDJ Resources Corporation, which will be incorporated into the firm’s
family office group. JDJ’s three partners, Doreen Biebusch, James
Kittler and Steven Sarcione, joined Rothstein Kass as directors.

New York-headquartered Innovest Systems, the financial technology
firm that specializes in trust accounting and wealth management
services, appointed Glenn Schmidt as chief operating officer.

Schmidt is responsible for overseeing the client service,
implementation, operations and product development teams, and will also
contribute to overall strategic planning.

Most recently, Schmidt worked at JP Morgan as vice president of product and platform for its trust and estates business.

SEI appointed Douglas Pugliese as director of business development
for its private wealth management segment, responsible for developing
new client relationships with ultra high net worth individuals.

Prior to joining SEI, Pugliese served as executive managing director
and principal of the Northeast region for a valuation consulting and
financial advisory firm.

Michael Hutten rejoined Hatteras Funds, the alternative investment
manager, as executive director - a role in which he will lead sales
initiatives in the western US region, based in Santa Barbara, CA.

Hutten returns to the firm having served as western regional director
from August 2006 until March 2011. In his new role, he will focus on
business development and client relations, serving investment
consultants, RIAs, and broker-dealers.

Laurie Burkhardt joined Modera Wealth Management as a financial
advisor. Prior to joining Modera, she worked for LPL Financial as a
financial planning consultant. She has also previously managed the
financial planning services offering for high net worth and small
business clients at a Boston-based financial services firm.

Robert Plaze, deputy director of investment management at the
Securities and Exchange Commission, retired at the end of August after
almost 30 years at the agency.

The SEC said Plaze had been a “key architect” of the rules governing
investment advisors, investment companies, and private fund advisors.

Plaze joined the SEC in 1983 as an attorney within the investment
management division. Most recently, he was in charge of rulemaking for
money market mutual funds, as well as for implementing a Dodd-Frank Act
requirement for hedge fund and other private fund advisors to register
with the SEC.

Gentry Wealth Management added two wealth advisors who formerly worked at Fidelity to its office in Las Vegas, NV.

Dave Humphrey joined from Fidelity Investments, where he worked for
18 years. Taiya Thompson joined from Fidelity’s private client group,
where she was a vice president and senior account executive. According
to Gentry, the duo worked as part of a team which managed over $1
billion in assets.

BNP Paribas subsidiary Bank of the West appointed Scott Anderson as
its chief economist, responsible for providing forecasts across the
bank’s business lines and clients.

Anderson joined from Wells Fargo, where he was a director and senior
economist. There, he contributed to macroeconomic forecasts and various
outlooks and reports the bank publishes. He has experience analyzing the
economies of the US and the major European and Asian countries.

California United Bank promoted Sam Kunianski, Stephen Pihl and William Sloan as executive vice presidents.

Kunianski, who joined the firm in 2006, manages commercial and
private banking, while Sloan - who joined in 2005 - is the Santa Clarita
Valley regional manager and also leads the firm's real estate lending
business.

Meanwhile, Pihl joined from Premier Commercial Bank, which the firm
acquired in July. He now serves as executive vice president of the
Orange County market.

Cedar Brook Financial Partners, the Cleveland, OH-headquartered
wealth manager, appointed David Anderson as chief compliance officer.

Before joining Cedar Brook, Anderson worked at ValMark Securities,
providing compliance supervision for over 100 offices of registered
representatives and investment advisor representatives. He has also
served as a branch examiner at UBS Wealth Management, a role in which he
led the conversion of performing and documenting branch exams to a
paperless process.

RBC Wealth Management added two financial advisors - formerly of
Morgan Stanley Smith Barney - to its Washington, DC, broker force.

At MSSB, Paul Keats, a senior vice president, and John Keats, his
son, managed $253 million in client assets. The pair was latterly based
within MSSB’s Bethesda, MD, office.

McGladrey, an assurance, tax and consulting services provider,
expanded its financial services investment practice in Connecticut,
transferring partner Kislay Shah to its Stamford office.

In the Stamford office, Shah will guide clients on matters including
reporting, management, incentive fees and performance measurement.
Previously, Shah was based within the firm’s New York office, and has
worked in the investment industry for over 22 years.

Northern Trust appointed Tony Glickman as senior vice president of
global client solutions - a new position created to develop global
solutions for clients including hedge funds, traditional asset managers
and large institutional investors such as sovereign wealth funds.

Glickman was most recently head of risk services for GlobeOp Financial Services.

Akron, OH-based FirstMerit appointed Michael Robinson as executive vice president, wealth management services.

Robinson joined from JP Morgan Chase, where he spent 27 years and
held a number of leadership roles within the bank’s wealth management
business.

He will relocate to Northeastern Ohio for the FirstMerit role and report to Paul Greig, chairman, president and chief executive.

BNY Mellon Investment Management’s strategic business development
group took on Dan Cronin as senior vice president, responsible for
expanding the firm's RIA channel.

Cronin joined the firm from RBC Advisor Services, where he was a
senior vice president, responsible for developing the firm’s custody and
brokerage offerings to RIAs. At BNY Mellon he reports to David
DiPetrillo, head of the RIA channel.

Bank of America gave Daniel Statsick, market director for US Trust in
Minneapolis, the additional role of Minnesota state president and
Minneapolis-St Paul market president.

As state president Statsick will work with company leaders in the
region to grow the bank’s business and individual customer base.

Silver Bridge expanded its philanthropy and foundation service
capabilities, adding Susanne Salerno as director of foundation services
to manage some of the firm’s largest foundation relationships.

For the past 15 years, Salerno has managed various activities for
non-profit institutions and philanthropic entities, including Fidelity
Charitable and the Dana-Farber Cancer Institute.

Citi Private Bank brought in Steven Young from Deutsche Bank as a
managing director and ultra high net worth private banker, based in New
York.

At Deutsche, Young was a managing director and senior private banker,
roles he held since 2006. When he starts his new role at Citi in
October, he will report to Charles Merrill, New York Metro region
executive.

Wells Fargo hired Rich Baich as chief information security officer - a
role in which he will oversee the firm’s security vision, strategy and
programs designed to secure customer and company information.

Baich will join in late summer from Deloitte and Touche, where he led
the global cyber threat and vulnerability management practice.

US Trust confirmed the appointment of Chris Biotti as market executive within the firm’s Boston office.

Prior to joining US Trust, Biotti spent three years as a branch manager and wealth advisor at Neuberger Berman, based in Boston.

Capital Guardian, the US wealth management firm, named Scott Chaisson
as president of wealth management, responsible for growing this
business - including its captive advisor offices. Most recently,
Chaisson was regional managing director at Rehmann Financial.

John Bogle, the investment industry giant and founder of The Vanguard
Group, is to serve as senior chairman of Advizent’s independent board
of standards, charged with developing a concise set of standards of
excellence for all investment advisors.

Taking up his role at Advizent, Bogle will work on developing
standards “that embody the best practices of true fiduciary advisors,”
the membership organization said.

William Blair & Company, the investment banking and asset
management firm, appointed Jon Zindel as chief financial officer,
replacing Tim Burke, who is retiring.

Zindel has been in the industry for 20 years and joins from American Century Investments, where he was also CFO.

At William Blair he reports to John Ettelson, president and chief executive.

Asia-Pacific

PricewaterhouseCoopers, the global consulting firm specialising in
assurance, tax and advisory, expanded its Asian
financial advisory team by 55 in July in a bid to address the growing
regional demand for professional services. In 1 July, 29 new partners
joined the Mainland China office, 14 joined in Hong Kong, six in
Singapore and six in Taiwan. In terms of areas of practice, 25 were
added to the assurance arm, 13 to tax and 17 to advisory. The hires
effectively brought PwC's total partner headcount in the four offices to
690. PricewaterhouseCoopers employs some 16,000 staff in Asia overall. 

Sun Life Asset Management, the mutual funds
subsidiary of Sun Life Financial-Philippines, planned to increase
its financial advisor count and forge more partnerships with private
banking units of key institutions by the end of 2012. The move to boost
its staff numbers comes as the firm tries to expand its wealth
management presence through more alliances with major bank
institutions. 

NAB Private Wealth, the private client unit of
National Australia Bank, named Kieren Perkins as the new state manager
for Queensland. Perkins was head of private client and business
development at NAB Private Wealth in Queensland. He had been in the
process of transitioning to his new role since May 2012. In this new
capacity, he will manage daily operations at the private banking and
wealth business, focusing on private wealth strategy and proposition. 

Fidelity Worldwide Investment, the Australian
financial services firm, named Andrew Mellor to the newly-created role
of associate director for consultant relationships. Mellor was
previously an account manager for research at Colonial First State,
where he managed key accounts across research houses representing its
asset management strategies. The firm said the new role is in line with
efforts to bolster its consultant relationships offering in the country.

AMP Capital, the Australian fund management firm,
appointed Kerry Ching as its new managing director for Asia ex-Japan.
Ching started at AMP's Hong Kong office in 2 August, where she will
focus on managing key client relationships alongside institutional sales
and business development functions. She previously worked as country
head for Hong Kong as Fidelity Investment Management. 

PDL International, the UK-based investment services
firm, named Keith Campbell Golding as chief representative for the
Middle East and Asia, responsible for marketing and distributing the
firm's product range to local clients. The appointment was announced
alongside plans to expand the firm's distribution activity in the two
regions' strong high net worth and institutional client bases.

Malaysian financial services firm CIMB Group made
two appointments to its team. David Richard Thomas was named group chief
risk officer, reporting to the board of directors/board risk committee.
He was previously the chief risk officer for Asia-Pacific at Royal Bank
of Scotland. Encik Shahnaz Jammal, meanwhile, was named deputy group
chief financial officer after having previously served as head of the
group chief executive's office. Before joining CIMB Group in March 2009,
he worked for Goldman Sachs in London, Bankers Trust and Dresdner
Kleinwort Wasserstein in London and ABN AMRO Bank in Kuala Lumpur. 

Australian boutique advisory firm Crystal Wealth
Partners appointed John McIlroy as company director and shareholder.
McIlroy was previously chief executive of the company and in his new
role will be part of a team of three directors. Prior to joining Crystal
Wealth, McIlroy founded Multiport, the self-managed super fund and
managed accounts business that was acquired by AXA in 2009. 

DBS Group, the Singaporean bank, named Derrick Goh
as the new head of its POSB unit, the branch of consumer banking
services offered by DBS in the city-state. Goh is currently the chief
operating officer for institutional banking and will not assume his new
post until 1 October 2012. He replaces Koh Kar Siong, who was appointed
regional head of DBS Treasures, as incumbent head Pearlyn Phau moves to
become the head of consumer banking in Hong Kong. 

JP Morgan Private Bank hired Fan Jiang, a former
Goldman Sachs executive, to lead its Asian strategy team based in Hong
Kong. Jiang previously served as chief investment officer for the
Asia-Pacific private wealth management business of Goldman Sachs. In his
new role, he will develop and implement investment strategy and tailor
it for clients in Asia, alongside teams in the US, EMEA and Latin
America. He reports directly to Richard Madigan, chief investment
officer. 

Royal Bank of Scotland China chairman and chief
executive Sherry Liu departed her post to pursue "outside interests."
Liu assumed the role in April 2011 and will be replaced by Alex Chu,
head of international banking for North Asia. Qing Cheng Hua remains as
country executive.

Signet Capital Management, the UK-based fixed income
hedge funds specialist, announced the resignation of Francois Hora as
Asian head after four years in the role. Hora joined another hedge fund,
Complus Asset Management, in June to become its new business
development head. His former colleague, Wisely Ngai, remains with the
firm in Hong Kong. There are no immediate plans to replace Hora, the
firm said.

FNZ Australia, the technology provider to the wealth
management and financial services sectors, named former Australian
minister for superannuation Nick Sherry as chairman. Before joining FNZ,
Sherry served as senior advisor to the superannuation practice at Ernst
& Young. His appointment was announced alongside the promotion of
Martin Jennings as the new chief executive for the Australasian
division. Jennings is currently the managing director of the Australian
and New Zealand business.

United Overseas Bank, the Singaporean bank,
confirmed the departure of long-time chairman Wee Cho Yaw in 2013, after
him having served in the position since 1974. He steps down effective
April 2013, but will continue to advise the bank in an honorary Chairman
Emeritus position. Hsieh Fu Hua will then become a non-executive
chairman. Hsieh is a member of UOB's board and serves as director at
Temasek.

Commonwealth Bank of Australia appointed Matt Comyn
as its group executive for retail banking services, with effect from 10
August. Comyn has been with the group since 1999 and has held a variety
of senior management roles, most recently as head of the local business
banking unit. He replaced Ross McEwan, who left the firm in May to
become the head of the UK retail banking arm of Royal Bank of Scotland. 

ABN AMRO relocated Paul Timmermans from London to
Hong Kong to become head of escrow and settlement Asia. The move was
made alongside the launch of a new escrow and settlement services
business in the region. Timmermans was previously part of the bank's
Rotterdam office. He reports both to Maaike Steinebach, country
executive for Hong Kong and head of energy, commodities and
transportation for Asia, and Lout Lapidaire, managing director for
escrow and settlement in Rotterdam. 

BNY Mellon Asia-Pacific named Paul Schulte as head
of investment strategy, a newly-created Hong Kong-based role. Schulte,
who will focus on developing the firm's Asia-Pac investment and market
knowledge platform, reports to Alan Harden, chief executive for the
Asia-Pacific investment management unit, and Jack Malvey, chief global
market strategist for investment management in New York. He was
previously the global head of financial strategy at China Construction
Bank International Securities, where he created the Greater China
research platform. 

Swiss bank UBS confirmed the departure of Stephen
Gore as head of Asia mergers and acquisitions after working for 19 years
at the company. The bank did not say anything about Gore's next plan
although media reports show he may have moved to Bank of America Merrill
Lynch to become its head of M&A Asia-Pacific ex-Japan, based in
Hong Kong. 

BNY Mellon appointed Brigette Leckie as vice
president of intermediary relationships, Australia, a newly-created
role, in line with the firm's efforts to expand product and client
services in the self-managed super funds market. Leckie joined from
Alliance Bernstein and reports directly to Bruce Murphy, managing
director of BNY Mellon Asset Management Australia.

Genji Hosono stepped down as market leader of Credit
Suisse's Hong Kong division, without citing a reason. It is believed
that Hosono is one the verge of joining rival UBS, also in Hong Kong. A
replacement will be announced in due course.

Bermuda-based law firm Appleby relocated two senior
lawyers to its Hong Kong practice. Eliot Simpson joined Appleby in Hong
Kong as a partner and Joanne Collett joined as a senior associate, from
the firm's BVI and Cayman Islands offices, respectively. They will
provide advise in Asia on offshore litigation and insolvency matters and
will be the points of contact in the Asian time zone for the global
team.

Oversea-Chinese Banking Corporation named Raymond
Chee as managing director of its securities business, OCBC Securities
effective 6 August. He replaced Hui Yew Ping, who left the firm to
"pursue personal interests." Chee has been working for the firm for 17
years, starting out as a relationship manager in corporate banking.

Hong Kong financial services firm CITIC Bank
announced the retirement of Doreen Chan Hui Dor Lam as chief executive
this year. Chan retires after a 15-year tenure with the company. She has
been CEO since 2002. Her retirement schedule and successor will be
announced in due course, the bank said. 

Equity Trustees, the Australian fund management and
investment firm, named Anne O'Donnell as non-executive chairman for its
superannuation business. O'Donnell takes over from Rob Dillon, who
retired from his role as chairman and director of Equity Trustees
Superannation. Adrian Young, managing director, also retired. O'Donnell
used to be managing director of Australian Ethical Investment.

Manulife named Nirmala Nair as chief legal and
compliance officer for its Singapore office. Nair replaces Clive
Anderson, who continues with his oversight of the legal and compliance
functions in Indonesia, Malaysia and Singapore and has taken an expanded
ASEAN role with Manulife Financial. She brings over 25 years of
industry experience to the position, having worked as an advocate and
solicitor in private legal practice for nine years and serving senior
roles at established life insurance firms in the city-state.

Rubik Financial, the financial technology and
software provider, boosted its wealth management division by adding
Wayne Wilson as managing director to lead the newly-acquired Coin
business. Coin is the financial planning software arm of Macquarie Group
acquired by Rubik Financial in early August 2012. Wilson most recently
served as a consultant with WRW Consulting and from 2009 to 2010 worked
as head as Asgard and Advance at BT Financial Group.

Desmond Liu, the former head of North Asia private
banking at HSBC, stepped down following a management restructuring and
the departure of his co-head. Liu was appointed to the role in late
2010, following the retirement of then-Asia private banking chief Monica
Wong. In November 2011, the bank announced a surprise new leadership
structure which saw Bernard Rennell take over all private banking
activity in North Asia, coming in above Liu. HSBC confirmed that Liu was
leaving the bank, without commenting further.

Barclays, the UK-headquartered bank, appointed Igor
Arsenin as head of its emerging Asia interest rates arm. Arsenin joined
the firm from Credit Suisse, where he last served as head of Latin
America fixed income strategy in New York. In his new role, he will be
working closely with Barclays' global rates strategy team, reporting to
Nigel Chalk, head of emerging Asia research. 

Australian Financial Services, the Australian
financial planning and dealer group, appointed Alan Logan as chief
executive. Logan was previously a director a private consultancy fir
Bombora Advice. He replaced Peter Daly, who left AFS in June 2012.

HSBC Global Asset Management expanded its Asian
equity investment team in Hong Kong with the addition of Michael Chiu
and Karma Wilson as investment directors for equities, with a focus on
the fund management of Chinese equities and Asian equities,
respectively. Chiu, who joined from ING Investment Management, reports
directly to Mandy Chan, head of Chinese equities. Wilson, from AMP
Capital Investors in Sydney, now reports to Husan Pai and Michael
Dillon, co-heads of Asian equities.

MLC, the wealth management arm of National Australia
Bank, expanded its superannuation trustee boards with the appointment
of Richard Rassi. Rassi joined three trustee boards for super funds,
namely MLC Nominees, NULIS Nominees - Australia and PFC Nominees, which
are accountable to around 1.5 million members and some A$56 billion in
funds under management. In addition to his new duties, he now also
chairs the finance and audit committee at MLC.

Adveq Management, the global private equity fund
management firm, named David Seex to lead its newly-launched office in
Hong Kong - its third in Asia. Seex was previously the head of
Asia-Pacific.

Manulife Asset Management appointed Peter Kim as
managing director, head of institutional sales in Korea. Based in Hong
Kong, Kim started with the company in July and reports to James Chen,
head of institutional sales and relationship management, Asia. He was
previously the director of Lapis Global Limited, based in Hong Kong. 

Mercer named Edmund Teo as tje new wealth management
head for Asia, plus a principal consultant, bringing the consultant's
Asia presence to a 19-strong team. Teo leads Mercer’s wealth management
team, which provides research, advisory and portfolio management
services to Asian-based private banks, insurance companies, consumer
banks, financial planning organisations and platforms. He reports
directly to Cara Williams, the global head of wealth management in
London.

Skandia International, the offshore business of
London- and Johannesburg-listed Old Mutual Wealth Management, announced a
number of senior appointments in Singapore and Hong Kong. In Singapore,
Craig Ellis was made head of the region and principal officer for Royal
Skandia in Singapore and southeast Asia. He joined Skandia
International’s sales leadership team, reporting to sales director,
Victor France. Chris Ivinson was also appointed head of sales for the
region, reporting to Ellis. In Hong Kong, Alan Leung joined Royal
Skandia as head of strategic development for the Hong Kong region, a
newly created role. Leung moved from Swiss Privilege where he held a
number of strategic roles since 2006. He reports to Mike Leeson, Royal
Skandia head of sales for Hong Kong and NE Asia.

Western Asset Management, the UK-headquartered fixed
income manager, expanded its Asian capability with four hires. Desmond
Soon now leads the investment team based in Singapore as portfolio
manager. Joining Soon is Swee Ching Lim, who moves from London as credit
research analyst. The other two new hires are Wontae Kim and Desmond Fu
as portfolio analysts. The team reports to Chia-Liang Lian, the head of
investment management for Asia, based in Singapore.

Fidelity Worldwide Investment, the UK-based
investment management firm, appointed Raymond Ma as lead manager for its
$406 million Greater China fund. He takes over from Joseph Tse, who
stepped down in July after 22 years with the company for personal
reasons. Ma is the manager of Fidelity Funds China Consumer Fund and
continues to serve as head of the China Consumer Fund alongside his new
role. 

Grace Barki, a former vice chairman and head of
Southeast Asia at Swiss private bank Sarasin, resurfaced at the Royal
Bank of Canada, as head of Southeast Asia. Barki resigned from Sarasin
in June. Her old duties have been taken up by chief executive officer of
Asia, Enid Yip, until a replacement is found.

Royal Bank of Canada Investor Services hired Kevin
Hogan as director for its client operations business in Australia. Hogan
joined from Macquarie Investment Management where he served as head,
fund accounting. At RBC, he will be responsible for managing the client
operations business in Australia and report jointly to Duncan White,
head of client operations in Asia-Pacific and David Travers, managing
director of Australia.

Federated Investors, the US-based investment
management firm, appointed Craig Bingham to lead its new Asia-Pacific
subsidiary. Bingham is now based in Melbourne and reports to Gordon
Ceresino, vice chairman of Federated Investors and executive director
for international distribution. Prior to Federated, Bingham served as
chief executive for Aviva Investors' Australia and Asia-Pacific regions.

Oppenheimer Investments Asia appointed Robin Green
as its new chief executive. Green takes the lead role as broker-dealer,
along with the designation of president. He joined the firm from MF
Global, where he served as head of Asian insitutional equity sales for
the Hong Kong branch. He replaces Steve Bernstein, who resigned in
December 2011.

Manulife Asset Management moved Endre Pederson,
fixed income portfolio manager for Asia, from Hong Kong to Singapore to
establish the latter's strategy in building out its ASEAN business. Also
appointed was Rana Gupta as senior portfolio manager, responsible for
the research, analysis and coverage of Indian equities. Both Pedersen
and Gupta report to Jill Smith, senior managing director for Manulife
Asset Management Singapore. In addition, Lawrence Wee was named head of
institutional sales for South Asia to help build the company's client
and consultancy relationship management and servicing division. 

Barclays appointed three executives to lead its new
independent asset managers team in Singapore. Cedric Lizin was appointed
as head of the independent asset managers segment, Asia-Pacific at
Barclays. Lizin is also head of Japan, as well as head of key clients,
Asia-Pacific, at Barclays. The firm also announced the hire of Annabelle
Chow as director, team head, as well as Josephine Koh, as director, in
July. Both Chow and Koh joined from Credit Suisse in Singapore, where
they were team head and deputy team head, respectively. 

Royal Bank of Scotland added two senior economists
to its team in Asia. Louis Kuijs joinsed RBS in Hong Kong as chief China
economist, responsible for China macroeconomic coverage. In Singapore,
Enrico Tanuwidjaja joined the bank as southeast Asia economist,
responsible for macroeconomic research coverage for the region. Both
Kuijs and Tanuwidjaja report to Sanjay Mathur, RBS’s head of economic
research, Asia-Pacific ex-Japan.

BNP Paribas Investment Partners Australia named
Angus Carson as head of superannuation and government institutions,
responsible for business development and client relationships. Carson
was previously an associate director of institutional sales at
Ambassador Funds Management Services. He is joined by Stephen Copeland,
who is also newly-appointed as manager of client services and
operations. Copeland used to be with MLC Private Equity where he served
as a senior analyst.  

The CFA Institute, the standard setter for
investment professionals, named Paul Smith as managing director of
Asia-Pacific operations effective 3 October. He previously operated his
own firm, Asia Alternative Asset Partners, but had also worked at HSBC
and Bank of Bermuda. His appointment comes after an extensive global
search to succeed Ashvin Vibhakar, who continues to lead strategic
initiatives for the organisation as a managing director.

Henry Lee, the chief investment officer of Nan Fung
Investment Adviser, the family office of one of Hong Kong's wealthiest
dynasties, resigned. Lee spent two years in the role at NFIA and told
WealthBriefing Asia that he is contemplating a couple of options for
future roles, also in the Asian family office space. He is believed to
be succeeded at the family office by a senior banker from Goldman Sachs.

Nomura, the Japan-headquartered financial services
giant, bolstered its Asian fixed income business with the hire of Rig
Karkhanis as head of fixed income for Asia ex-Japan, based in Singapore.
Karkanis joined the firm in September 2010 as head of fixed income,
Singapore from Millenium Partners. He replaces Jai Rajpal, who was
appointed global head of FX, based in London. He now reports  locally to
Minoru Shinohara, the chief executive for Asia ex-Japan, and regionally
to Yutaka Nakajima, the head of fixed income trading for Asia-Pacific
and Takashi Abiko, the head of fixed income sales, Asia-Pacific.
Globally, he reports to Steve Ashley, the global head of fixed income.

Wayne Yang, a 17-year Citi Private Bank alumnus,
returned to firm to take up the newly-created role of managing director
and head of client coverage for Asia-Pacific. Yang most recently worked
at Deutsche Bank as managing director and head of wealth management
South East Asia. He reports to Bassam Salem, the Hong Kong-based chief
executive for Citi Private Bank in Asia-Pacific.

CDC Group, the UK government's development finance
arm, announced the resignation of Anubha Shrivastava as its Asia
investments head. Shrivastava was previously the managing director for
Asia investments. Her departure was announced alongside the appointment
of Hiti Singh and promotion of Clarisa De Franco as portfolio directors
for the Asia funds team. Singh was previously with the Africa team,
while De Franco had been working for the Asia investment team.

MLC Investment Management, the investment and wealth
management arm on National Australia Bank, announced that its chief
investment officer, Nicky Richards, is leaving effective October 2012.
Richards has been serving in the post since 2010 and will be replaced by
Jonathan Armitage, who will act in a temporary capacity until MLC hires
a successor.

Kevin Hardy, the head of global investments for
Asia-Pacific at Northern Trust left, and is believed to be joining rival
BlackRock to lead its APAC index equity team. Reports say Hardy is due
to leave the US asset manager by the end of September and will take up
his new role with BlackRock in October. William Mak was appointed
interim Hong Kong country head at Northern Trust and will lead global
investments for Asia-Pacific. Mak is currently Singapore country manager
and head of Southeast Asia.

Sumit Sibal, previously the head of global South
Asia at RBC Wealth Management, left the firm to join Emirates NBD in
London as its head for non-resident Indian business (UK & Europe).
Sibal, who joined Emirates NBD over a month ago, had previously spent
eight years with Citi covering the NRI market.

Société Générale Cross Asset Research, the research
arm of French banking giant Société Générale, appointed Klaus Baader as
its chief economist for the Asia-Pacific office. Baader joined Société
Générale in 2009 and served as chief Euro area economist in London
before moving to Hong Kong in 2012. He reports to both Michala
Marcussen, the global head of economics, and Guy Stear, head of research
for Asia-Pacific.

E Fund, the Chinese fund management firm, bolstered
its team with the hire of Eugene Lee as the global head of sales and
marketing. Lee was previously Asia head of equities at BBVA, the Spanish
bank. She replaces Marie Chew, who tendered her resignation in the end
of August. 

Latham & Watkins, the UK-based law firm that
specialises in financial services accounts, boosted its Singapore
practice with the transfer of two of its London corporate partners to
the city-state. The relocation of Luke Grubb and Rod Brown effectively
takes the total number of partners at the firm's Singapore branch to 11.
Latham & Watkins has 36 lawyers in Singapore, including the 11
partners.

Coutts, the UK-based private bank, hired 14-year UBS
veteran Phillip Reade as its new head of credit risk for Asia based in
Hong Kong. Reade spent the last 14 years at UBS holding various credit
roles. At Coutts, he will be responsible for the overall credit risk
framework in Asia, covering sanctioning processes, portfolio management,
policy and management information, risk assessment and controls. He
reports to Errol D'Souza, chief risk officer for Asia. 

Eleven-year UBS veteran Kai Sotorp returned to the
Swiss bank's global asset management business as head of Asia-Pacific,
after a stint in Chicago and a brief retirement. Sotorp returned 3
September and is based in Hong Kong, reporting to John Fraser, chairman
and chief executive of UBS Global Asset management. Sotorp replaced
Christof Kutscher, who left the bank to return to Europe early in 2012.
Scott Keller, acting head of Asia-Pacific since April 2012, continues in
his role of head of Pan Asia, reporting to Sotorp.

UK lending giant Barclays appointed Antony Jenkins
as its new chief executive, succeeding Bob Diamond who resigned in July.
Jenkins was previously the CEO for retail and business banking for
Barclays in Africa and Absa. He reports to newly-installed
chairman-elect Sir David Walker, who himself replaced former chairman
Marcus Agius. Agius resigned the day before Diamond and continues as
chairman until November, when walker officially takes over.

StepStone, the New York-based private equity and
investment firm, strengthened its Asian business with the appointment of
Mu-Shin Kim and Andy Tsai as managing directors. Kim is now responsible
for investment and business development in Korea and Japan, while Tsai
handles Taiwan and broader Asia. Both are based in the Beijing office.