PBI lists February’s key career developments by the movers and shakers in private banking and wealth management.

Country Name Moved from Old position Moved to New position
France Bastian Charpentier CACEIS Deutschland CEO Indosuez Wealth Management Deputy CEO
UK Miles O’Connor Unigestion (UK) Chair, non-executive director State Street Global Advisors Head – institutional, EMEA
USA Diane Swonk DS Economics N/A Grant Thornton Chief economist
South Korea Tae Jong Um MSCI Korea MD and head, South Korea State Street Global Advisors Head – South Korea business
USA Joseph Carrabes Jennison Associates MD and head – institutional sales and client services Amundi Pioneer Senior MD and head – institutional distribution, North America
Switzerland Christian Flemming Banco BTG Pactual COO – investment banking unit EFG International COO
Switzerland Mark Bagnall EFG International COO EFG International Head – global IT functions
N/A Michael Gibb Martin Currie Investment Management Co-head – global wealth management distribution Fidelity International Head – stewardship and sustainable investing
Luxembourg Patricia Kaveh Henderson Global Investors France In charge of fund distribution – France, Monaco and Geneva Banque de Luxembourg Investments Head – distribution
Luxembourg Cédric Lenoble Banque de Luxembourg Head – projects and change management Banque de Luxembourg Investments COO
UK Calum Brewster Barclays Wealth & Investment Management MD – Scotland, Northern Ireland, North of England Julius Baer International MD, head – UK regional offices
USA Adam Gross Citigroup Private Banking MD and head – cross-asset investment sales team, Americas HSBC Private Banking Head – investment counsellor and product specialist groups, Americas
Germany Dirk Schmitz Deutsche Bank Head – global markets Blackrock Head – Germany, Austria and Eastern Europe business
Spain Gonzalo Milans del Bosch Banco Santander Responsible for investment division Santander Asset Management Global CIO
USA Darek Wojnar Hartford Funds Head – exchange-traded funds Northern Trust Asset Management Head – funds and managed accounts
USA Mike Stritch BMO Wealth Management Senior VP and national head – investments BMO Wealth Management CIO. Also continuing as senior VP and national head – investments
China Zeth Hung Credit Suisse Head – investment banking and capital markets, greater China Credit Suisse Co-head – Asia-Pacific investment banking and capital markets
China Carsten Stoehr Credit Suisse Head – Asia-Pacific financing group, and chair – Credit Suisse Hong Kong and Credit Suisse Hong Kong Securities Credit Suisse CEO – Greater China. Also continuing as head – Asia-Pacific financing group, and chair – Credit Suisse Hong Kong and Credit Suisse Hong Kong Securities
USA Kris Chester Wells Fargo Bank Executive VP and head – treasury management implementation and delivery Kestra Financial COO
Switzerland Cristine Novakovic UBS Head – investment banking and corporate customer arm UBS Head – wealth management, Europe, Middle East and Africa
Brazil Sylvia Coutinho UBS Brazil Chair UBS Head – wealth management, Latin America