March 25 The following financial services
industry appointments were announced on Monday. To inform us of
other job changes, email to firstname.lastname@example.org.
The fund management group said Mark Lyttleton, managing
director on the UK equity team that manages over 21 billion
pounds ($32 billion), will leave at the end of April. Nick
Little, currently a director on the UK equity team, will take
control of Lyttleton's UK Dynamic fund, which will be merged
into the BlackRock UK fund. Nigel Ridge, a managing director at
the firm, will manage the UK Absolute Alpha fund with existing
co-manager Nick Osborne.
The world's largest money manager also hired Andy Stewart,
head of one of Credit Suisse's hedge fund units, to bolster its
own alternatives business as it shutters a direct private equity
strategy. Stewart will co-head New York-based BlackRock's hedge
fund and private equity division alongside current leader Matt
Botein, who will add the title of chief investment officer for
alternatives, the firm said in a memo on Friday.
JPMORGAN CHASE & CO
The board of directors of the company said on Friday it
"strongly endorses" keeping Jamie Dimon as both their chairman
and chief executive of the company.
DBS GROUP HOLDINGS
The company promoted Tan Su Shan to group head of consumer
banking/wealth management. Tan, who has been DBS' head of wealth
management since 2010, will take on her expanded role from April
The wealth management business of BNY Mellon appointed
Michael Cabanas in the wealth manager's Southeast US region. He
will be based in Miami. Cabanas was previously employed with
Fiduciary Trust International. BNY Mellon is the corporate brand
of The Bank of New York Mellon Corp.
THE CAPITAL GROUP OF COMPANIES
The investment management firm appointed Grant Leon at its
London office as the new head of sales for Capital's Private
Wealth Distribution business, which works with global, regional
and local financial institutions.
MOMENTUM GLOBAL INVESTMENT MANAGEMENT LTD
The global investment arm of Momentum Investments appointed
David Thomas to head its retail sales division, and Rebecca
Nkoane to focus on engaging with UK IFAs. Thomas was formerly
employed with Midas Capital Partners.
LATERAL CAPITAL CORP
The company, which deals with real estate and private
finance transactions, appointed Jeffrey Love as chief financial
officer, effective March 22. Love has been the CFO of Airtel
Wireless since 2011.
UNICORN ASSET MANAGEMENT LTD
The fund manager appointed Simon Moon as co-manager on the
Unicorn UK Smaller Companies Fund with immediate effect.