Here we list who has moved where in another busy week in the offshore sector.
Investec Bank (Channel Islands) has promoted Stephen Henry to the role of managing director, effective from September this year. He is currently finance director at the Guernsey-based bank and worked closely with current MD Mort Mirghavameddin who is leaving in September to pursue other interests.
Royal London 360˚ has appointed Tim Coleman and Andrew Leggett as international sales managers in the UK market. Coleman will cover the London area and Leggett the North East. Coleman has previously worked at Met Life, AIG International and Abbey Financial Markets.
Anthony Markham will return to international professional services firm, Maitland's Isle of Man office as partner. He will be responsible for spearheading Maitland's family office service. He recently spent a spell at the firm's London office and became a key adviser to a multinational family in house, a role he will continue.
Henderson Global Investors' Mark Carpenter will take over from Roger Dossett as head of Henderson New Star property funds. Carpenter will be responsible for the New Star International Property fund and New Star UK Property Unit Trust. Marcus Langlands Pearse will continue to managed the international fund.
Director general of the AIC, Daniel Godfrey is leaving his post in search of a new challenge. He will serve the AIC on a consultancy basis to ensure a smooth transition. Ian Sayers, deputy director general, will be acting director general reporting to the board until a permanent replacement is found.
T. Rowe Price has hired Mike Della Vedova as European high yield analyst and member of the Global High Yield team. Most recently a partner at Four Quarter Capital, Vedova has also worked at Muzinich and Co, Fuji International Finance, Abbey National Treasury Services and UBS.
Swiss banking group SYZ & CO has acquired a 50% stake in the capital of the asset management company owned by Spanish group N+1. The joint company, named N+1 SYZ Gestión, will provide asset management services to wealthy clients in Spain.
Chuo Mitsui Trust International (CMTI), part of Japan's second largest trust bank, Chuo Mitsui Asset Trust and Banking has hired Makoto Nakamura as managing director of its London office. He will supervise activity in the UK, Europe and the Middle East.
The increase in minimum AE contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.
Follows string of appointments
Follows acquisition of BlackRock's DC platform
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