DeVere Group has announced the appointment of Richard Glenn as group chief financial officer (CFO). He joins from UAE-based wealth manager Credence International where he was the firm's CFO for more than three years. Credence was recently acquired by deVere Group CEO, Nigel Green.
Glenn, who starts his new role with immediate effect, will report directly to Nigel Green and the board of directors, and his primary focus will be the advisory side of the Group's business model, with initial emphasis on the UAE operations.
DeVere has also named former Revolut country manager, Dimitris Litsikakis, as its new global head of fintech. His initial primary focus will be deVere Vault, the firm's global multicurrency e-money app. He starts imediately and reports directly to CEO Nigel Green and COO Beverley Yeomans, DeVere has in recent years pushed ahead a strategy of launching FinTech propositions to complement their suite of client offerings.
Columbia Threadneedle has promoted former analysts Mine Tezgul and Scott Woods to portfolio management roles on its Europe ex-UK Small Cap portfolios and Global Smaller Companies fund respectively.
The changes follow the recent departure of European and Global Small Cap Equities portfolio manager Mark Heslop, who is set to join Jupiter Asset Management in September after 11 years with the firm.
Brewin Dolphin has hired former Coutts & Co discretionary portfolio manager Anthony Rawlinson as a wealth director as part of the firm's new '1762' proposition for wealth clients with more "complex" financial requirements.
Rawlinson joins after seven years with Coutts, having previously served as head of private banking for Standard Chartered Bank in Abu Dhabi and running his own corporate finance advisory firm.
Bedell Cristin has made three appointments to its corporate and finance teams in Jersey. Craig Geraghty, Gavin Coutts and Royan George have all joined the firm as Associates.
Craig Geraghty has been appointed to advise clients on corporate matters while Gavin Coutts will be advising them on banking and finance matters. Royan George joined Bedell Cristin's banking and finance and corporate and commercial practice areas where he will be responsible for advising lenders and borrowers on the relevant aspects of Jersey and BVI law.
BMO Global Asset Management
BMO Global Asset Management has appointed Stewart Bennett to the newly created role of global head of alternatives. Stewart will oversee BMO Global Asset Management's newly formed Global Alternatives offering, incorporating its existing private equity, real estate and real estate securities businesses, which will provide investors with a broader range of innovative real asset investment solutions.
Bennett, who will be based in London, will join the business on 7 May 2019 and report to Kristi Mitchem, CEO of BMO Global Asset Management.
State Street Corporation announced that it has appointed Francisco Aristeguieta to chief executive officer for its international business. Aristeguieta, who joins the company in July, will report to State Street president and CEO, Ron O'Hanley and become a member of the company's management committee, its senior-most strategy and policy making group.
Aristeguieta, age 53, joins State Street from Citigroup where he most recently served as CEO of its Asia business, overseeing 60,000 people and a third of the company's earnings. Prior to that role he served as head of Citigroup's business in Latin America and before that led its Transaction Services Group in Latin America encompassing securities servicing, trade and cash management, and was vice chairman for Banco de Chile. His many non-profit and industry group board appointments include The Asia Society, Junior Achievement Americas, and The American Chambers of Commerce of Latin America.
Ogier law firm has announced that Charlotte Ward has joined its Guernsey office. She joins Jamie Colquhoun and Matthew Davies, who have joined Ogier's Jersey office as associates, after graduating from the law firm's English solicitor training programme.