People Moves: Quilter, UBS, JP Morgan, OMGI, Investec AM, Vanguard, Goldman Sachs

Quilter advice director Nigel Speirs is stepping down as he moves closer to his retirement. He will be succeeded in the interim by Darren Sharkey, who has been appointed interim managing director.

Speirs joined Old Mutual Wealth, now Quilter plc, in 2015 to launch Quilter Private Client Advisers, which is a national financial planning business and part of Quilter’s Intrinsic Network. The business now operates from six regional hubs across the UK, with 67 financial planners and 175 employees.

UBS has appointed industry veteran Edmund Koh as the first Singaporean president of UBS Asia Pacific, promoting him from his previous position as head of wealth management for Asia Pacific and country head Singapore. He also joins the group executive board (GEB) of UBS Group AG, with both positions effective Jan 1, 2019.

With 30 years’ experience in senior roles in the financial industry, He has spent six years with UBS, having first joined the bank in 2012 as head of wealth management for South-east Asia, coming from Taiwan’s Ta Chong Bank where he served for four years as president and director. Before that, he was managing director and regional head, consumer banking at DBS Bank in Singapore from 2001 to 2008.

JP Morgan
JP Morgan has lost its head of private bank in the US as Kelly Coffey will be assuming the chief executive role at City National Bank.

Coffey, named as one the most powerful women in finance by the American Banker magazine this year, will start in Feb. 1. Having spent 25 years at JPMorgan Chase, and had been chief executive of the US private bank for the last five. She began her career at the bank with six years in Buenos Aires, Argentina, working in mergers and acquisitions.

OMGI’s former head of Asian equities has resurfaced at Robeco where he will be a senior portfolio manager.

Joshua Crabb joined the Hong Kong office of the asset manager on 23 October, the same day his former employer, now known as Merian Global Investors, revealed it had signed a memorandum of understanding with a Chinese asset management firm for distribution, advisory services and marketing in the region. Robeco and Merian are both eyeing growth in the region.

Investec AM
Investec Asset Management has expanded its emerging markets equity team with the appointment of Nidhi Mahurkar as investment director.

Mahurkar joins from Pictet Asset Management where she spent 13 years, most recently as co-head of the firm’s Global Emerging Markets Equities product.

Vanguard has hired Marco Corsi from BlackRock to head up its newly established global ETF research centre.

Based in London, Corsi will lead the newly established team, responsible for developing ETF-related research, perspectives and content in order to inform and educate investors across the value chain.

Goldman Sachs
Goldman Sachs has named veteran banker Todd Leland as its investment banking head for Asia Pacific excluding Japan.

Leland, an American who joined Goldman in 1992, will replace Andrea Vella and Kate Richdale who were appointed co-heads of the unit in 2015. Vella and Richdale will remain in the region to become the co-chairs of the unit.

Raghav Maliah, its head of the technology, media and telecom group in Asia Pacific excluding Japan, will become global vice-chairman of the investment banking division

Pedro Gonçalves
Pedro Gonçalves is Financial Correspondent at International Investment.

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