JP Morgan Australia
The chief executive of JP Morgan’s Australia business has announced that he is stepping away from the role he has held for the past 15 years.
Rob Priestley, pictured left, above, is stepping down from his JP Morgan chief executive role, but will still play an active role at the US bank, according to the company, which said he is being succeeded by Paul Uren, pictured right, who is currently JP Morgan Australia’s head of investment banking.
Uren will retain his investment banking role while taking on the duties and title of CEO, the bank said in a statement.
Prior to joining JP Morgan, Uren held investment banking positions at Goldman Sachs for eleven years, and Salomon Smith Barney for more than seven years.
Priestly will become chairman of JP Morgan Australia and New Zealand, a role previously held by Sir Rod Eddington, who has been tasked with establishing the firm’s Asia Pacific advisory council.
As the role of chairman is a non-executive position, Priestley will be free to take on other opportunities, the company said.
Sanne Group, a Jersey-based, FTSE 250-listed provider of fiduciary, corporate administration and reporting services, has named three new directors to its corporate and private client businesses, as it expands in this area. All three, pictured left, are to be based in the company’s London offices.
Anton Seatter, (left in the photograph), a chartered secretary who has held various roles with TMF and Royal Bank of Canada (RBC), has been named director of corporate and private client operations. According to Sanne, he has had “extensive experience with global corporate and institutional clientele, asset managers and UHNW family offices”, and will be based in London.
Mark Fleming, (centre in the photograph), a fellow of the Institute of Chartered Accountants in England and Wales, an ICSA Associate and a member of the Society of Trust and Estate Practitioners, has been named a director of Sanne’s private client business. He comes to Sanne “after holding senior director level positions” with such companies as Crestbridge and the Royal Bank of Canada in Jersey.
Daniel Pringle, (right in the photograph), joined SANNE in 2015 from Royal Bank of Canada, and has been promoted from within SANNE’s private client business to the role of a director, private client. He has had more than 16 years of industry experience in managing trust and other fiduciary structure of global UHNW families, Sanne said.
James Shimmin has been appointed senior manager, Risk Consultancy at KPMG
Born and raised on the Isle of Man, Shimmin has 30 years’ experience in the financial services industry both in operations and compliance roles.
He has worked in a number of other jurisdictions including the Cayman Islands, Malta and UK, gaining ‘hands on’ experience of audit, asset and fund management, international and retail banking serving both fiduciary providers and eGaming operators.
Most recently he has worked as Compliance, MLRO and Data Protection Officer within the Trust and Corporate Services sector.
Micky Swindale, KPMG head of advisory for the Isle of Man and Gibraltar, said: “James is very well respected within the compliance and risk industry and is a natural fit for our hardworking and dedicated Advisory team.
Standard Chartered Private Bank in Jersey has named James Horrigan a director in its Wealth Intermediaries team. Horrigan is a fellow of the Chartered Management Institute, a qualified financial adviser, and a member of the Chartered Institute for Securities and Investments.
He joins the bank from Cube Treasury Services, which he set up in 2007 in the Isle of Man, and where he held the position of managing director for ten years.
Before that he had been a director at Active Services Ltd, and head of corporate and intermediary banking at the Anglo Irish Bank (IoM).
At Standard Chartered, he will be responsible for engaging with professional intermediaries, both on and off island, as well as for developing the bank’s offshore intermediary network, the bank said.
Heartwood Investment Management has appointed Graham Bishop as investment director.
Bishop is an experienced investment strategist whose area of expertise includes the top-down analysis of global capital markets and multi asset investing, the company said in a segment announcing the hire.
At Heartwood Bishop will lead on tactical asset allocation as well as participating in the management of the multi asset strategies.
Before joining the specialist boutique investment manager, he was a global macro strategist at Citi Bank, where he helped design short and longer term cross-asset trades and ideas.
Prior to working at Citi Bank, he worked at Exane BNP Paribas and RBS (formerly ABN Amro) where, in both roles, he was responsible for European equity strategy research. Earlier in his career he was an economist and multi asset strategist at Cazenove Capital Management.
Greg Simmons has rejoined UBS as an investment advisor in the global South Asia desk.
He will work wtih ultra high net worth clients from Europe and emerging markets.
He reports to Anuj Chhabra.
Simmons was most recently head of client solutions UK at Coutts.
Prior to that, he was head of structured products & research based advice, UK & Jersey at UBS, having spent the first seven years of his career at Barclays.
Nick Perryman, head of wealth management, global emerging markets, London said: “I’m delighted to welcome Greg Simmons back to UBS. We are strongly committed to growing our Global South Asia business, and I am confident that Greg’s in-depth knowledge of markets and products will help us do that.”
The global emerging markets team based in London caters to all private wealth categories who are from that region but might be living elsewhere.