Apex Group, the Bermuda-based financial services provider, has appointed Debbie Lee as country head, China. Based in Shanghai and reporting to Valerie Mantot-Groene, head of APAC, Lee joins Apex from TMF Group, where she was most recently the market lead for fund services in China. TMF recently hired Derek Chen from Apex as commercial director…
Category: People
Archer hires two for client experience team
Archer, a U.S.-based service provider to the asset management industry, has expanded its client experience team, adding Sheryl Kushma as VP of relationship management and DJ Polis as AVP, client platform specialist. Kushma joins Archer with more than 20 years of industry experience, having worked at BNY Mellon, 1838 Investment Advisors, SEI and, most recently,…
Northern Trust promotes James Wright to lead IIG EMEA
Northern Trust has named James Wright as head of its institutional investor group (IIG) for EMEA. Wright was previously head of IIG UK, Middle East & Africa. IIG provides services to over 330 clients with collectively USD2.3trn AuC across EMEA. David Wicks, who previously led IIG Europe as part of his European remit, has left…
Renee LaRoche-Morris joins State Street from BNY Mellon
Renee LaRoche-Morris is joining State Street as the chief of staff to the COO, Lou Maiuri. She joins from BNY Mellon, where she has held multiple leadership positions across custody, finance, and investment management groups. Most recently, she was COO for BNY Mellon’s investment management group, with oversight for operations, technology, initiatives, and regulations impacting…
Horseshoe appoints Kathleen Faries as CEO
Horseshoe, the Bermuda-based subsidiary of Artex, has appointed Kathleen Faries as CEO. Based in Bermuda, Faries will work closely with Andre Perez, the founder and current CEO, who will assume the new role of executive chairman. Faries was most recently the head of Tokio Millennium Re AG, Bermuda. Horseshoe is a specialist administrator of insurance-linked…
John Stern to head U.S. Bank’s global corporate trust business
U.S. Bank has appointed John Stern as president of its global corporate trust and custody business. Stern currently leads the team that executes all of U.S. Bank’s treasury functions. Reporting to Gunjan Kedia, head of wealth management & investment services, he succeeds Joseph (Joe) Giordano, who is retiring.
Penny Biggs to retire from Northern Trust
Penny Biggs, who has had a stellar 20+ year career at Northern Trust, is to retire. Biggs, who was most recently chief strategy officer for the corporate & institutional services business, has held a variety of senior roles, including head of the institutional investor group for EMEA, and head of international distribution for asset servicing…
MUFG hires from Deutsche Bank – again
Thomas Ryan has joined MUFG Investor Services as head of asset and liability trading in New York, reporting to Tony Toscano, head of North American global securities lending solutions. Ryan joins from Deutsche Bank.
MUFG hires three managers
MUFG Investor Services has made three appointments. Simon Coombes joins as executive director, business development, based in the UK. He will focus on prospects throughout Europe and the APAC regions. He was previously head of middle office solutions sales at Apex. Vasilis Sotiris joins as head of data engineering & strategy, based in the U.S.…
Crestbridge hires Carol Ann Rotsey as governance services director
Crestbridge, the C.I.-based administrator, has appointed Carol Ann Rotsey as governance services director. She will provide independent director services to a range of UK fund and corporate structures. She will also oversee the administration and client service team in Crestbridge’s London office. Prior to joining Crestbridge, Rotsey was the executive director and the head of…