Darren Hay has been appointed as head of operations at Yealand Fund Services, a UK-based administrator. Prior to joining Yealand, he worked at Columbia Threadneedle, Zurich Assurance, St James’s Place and, most recently, at Brunel Pension Partnership.
Month: May 2023
Citi confirms new Benelux chief
As previously reported, Citi has now confirmed that Eduardo Gramuglia Pallavicino has joined as the new head of Belgium, Netherlands and Luxembourg (Benelux) for securities services. Before a brief spell at Next Gate Tech, Gramuglia was at State Street where he was CEO and country head of Luxembourg. He replaces Larissa Sototskaya, who has moved…
SS&C hires from ICI for compliance role
SS&C has hired Joanne Kane as chief compliance officer for SS&C Global Investor and Distribution Solutions (GIDS) in the U.S. She will lead efforts to identify and support the complex compliance and risk management needs of SS&C’s registered fund clients in the U.S. Kane joins SS&C from the Investment Company Institute, an industry association representing…
BNY Mellon hires new custody chief
BNY Mellon has hired Ryan Cuthbertson as global head of custody services. He reports to Emily Portney, CEO of asset servicing. Cuthbertson was most recently head of product for custody and clearing at Standard Chartered. Cuthbertson replaces Caroline Butler, who will now focus on her role as CEO of digital assets. Butler has been running…
FIVE EASY PIECES
CACEIS wants to be the dominant inserv provider in Europe. The RBC deal won’t deliver that, but it’s a start. Some of you may be familiar with a Major League Baseball team called the Los Angeles Angels. That’s right: they are called (in translation) The Angels Angels. If the franchise paid anything to a branding…
Citi wins Aussie platform mandate
Mason Stevens Limited, the Australia-based wealth platform and provider of investment administration and managed account solutions, has appointed Citi to provide custody and integrated execution services. With >AUD6.7bn (USD4.5bn) under management and administration, Mason Stevens offers superannuation and non-superannuation products, managed account and investment solutions.
Zodia raises USD36m
Zodia, Standard Chartered’s crypto custody business which is supported by Northern Trust, has raised USD36m as part of a Series A funding round led by SBI Holdings, a Japan-based venture capital fund manager. Standard Chartered remains the majority owner.