Old Mutual has appointed Khaya Gobodo as MD of its wealth and investment business in South Africa. Gobodo is currently deputy managing director of Old Mutual Wealth and Investments and managing director of Old Mutual Investment Group.
Old Mutual Group CEO, Peter Moyo, said: “Khaya’s credentials have enabled him to play a critical role in crafting and executing a strong asset-management strategy. I am confident the wealth and investment business will be in very capable hands and that he will transition in his new role smoothly.”
In a statement Old Mutual described its appointment of Gobodo as “significant progress towards winning the war for talent”. Gobodo will take up his new role on 1 January 2019.
Schroders has appointed Amy Cho as chief executive officer for Hong Kong, succeeding Chris Durack who is returning to Australia after three years to head the company’s business there.
Cho, who has over 25 years of industry experience, is currently managing director of Pictet Asset Management (Hong Kong), a job she will officially leave at the end of the month.
She starts at Schroders on December 3, the company said in a statement.
In addition to the Hong Kong CEO position, she will also take on the newly created role of regional head of intermediary clients, where she will work closely with Showbhik Kalar, the regional head of intermediary and product at Schroders.
Aberdeen Standard created a senior role for Asia Pacific to ensure the delivery of customised investment solutions to institutional clients.
Thibaut Ferret has joined Aberdeen Standard Investment (ASI) as senior solutions director for Asia Pacific, based in Hong Kong. Ferret brings 17 years of experience in the financial industry. Prior to joining ASI in October 2018, he was head of asset-liability management for Sun Life Hong Kong and regional head of investments for AXA Asia.
Citi has appointed Fabio Fontainha as head of retail banking for Asia Pacific and EMEA, where he will oversee Citi’s retail banking and wealth management businesses across 12 markets in Asia Pacific and five in EMEA.
He reports to Gonzalo Luchetti, head of consumer banking for Asia Pacific and EMEA. “Fabio has a proven track record and a wealth of experience in Consumer Banking, including in Asia,” said Luchetti in a media statement.
JP Morgan Asset Management has appointed Camilla McKane to lead its UK platforms and life companies sales team within the group’s UK funds business.
In her new role, McKane will lead JPMAM’s sales and operational efforts with the UK’s largest platforms, both advised and D2C, while overseeing the firm’s partnership with life insurance companies and research agencies. She will report to Dale Erdei, head of intermediary sales.
Aegon has appointed former Fidelity man Ed Dymott to its newly-created role of managing director for transformation, innovation and growth.
Dymott will be responsible for strategic planning and “ensuring the business is well placed to capitalise on changes in adviser and customer needs”, Aegon said, which will involve analysing the latest industry developments and evaluating propositional opportunities.
DWS, the €692bn asset manager owned by Deutsche Bank, has recruited Thomas Kalthöfer as an investment director in its global infrastructure business. Mr Kalthöfer, who will be based in London, previously worked for Barclays.
Morningstar IM has named Matt Watcher as chief investment officer for Asia Pacific.
He will start in the role in late January 2019, based out of Sydney. Watcher takes over from current APAC chief investment officer Andrew Lil, who is moving to serve as the CIO for Americas in a Chicago-based role. He will lead Morningstar’s investment management teams in Australia and oversee the multi-asset and equity managed funds and managed accounts capabilities.