UBS selects new chairman
The Swiss bank has nominated Colm Kelleher as its next chairman, to succeed Axel Weber who is leaving in April. Kelleher left Morgan Stanley in 2019, where he was in charge of the institutional securities and wealth management businesses.
UBS has also recommended Lukas Gaehwiler, who ran the bank in Switzerland until 2017, as vice-chairman.
Artemis taps Fidelity for new CIO
Paras Anand will join Artemis Investment Management as chief investment officer in early 2022. He has spent the last 10 years at Fidelity International, which he joined in 2012 as CIO for Europe equities and then CIO of Asia Pacific in 2018. Previously, he was head of European equities at F&C.
Anand will replace Matthew Beesley, who is taking over from Stephen Pearson as CIO of Jupiter Asset Management.
HSBC appoints global life and insurance chief
Greg Hingston will succeed Bryce Johns as global CEO, HSBC Life and Insurance Partnerships, with effect from 1 January 2022
He was most recently the Asia Pacific head of its new wealth and personal banking (WPB) unit, a position he held since March 2020. Hingston joined HSBC in 2006 and has had several leadership roles, including global head of strategy for retail banking and wealth management, head of customer value management and head of international, RBWM Europe, and regional head of retail banking, EMEA.
Haitong International names head of asset management investment strategy
Haitong International Securities Group has appointed Hyde Chen as managing director and head of investment strategy of its asset management arm.
Chen will be responsible for leading the asset management investment research team. He will focus on integrating macro- and micro-economic perspectives into the decision-making process for investment managers, and providing analysis and asset allocation recommendations for the Haitong International buyside platform.
Chen has 10 years’ experience in the financial and investment industry. Prior to joining Haitong International, he was most recently an executive director at UBS Global Wealth Management Chief Investment Office, responsible for formulating multi-asset investment strategies in mainland China and Hong Kong markets. Before that, he worked in the equity analyst teams at AllianceBernstein and at CLSA.
Mercer makes two senior Asia hires
Mercer has appointed Helen Leung as solutions leader, Asia, for the firm’s investment ratings platform FundWatch, effective 8 November 2021, and Kevin Jeffrey as investment solutions client director, Asia, effective 1 November 2021.
Leung has three decades of experience in the finance industry and was most recently the managing director and head of Ninety One’s Greater China institutional business. In her new role, she will be responsible for leading the strategic expansion of Mercer FundWatch in established markets such as Singapore and Hong Kong, as well as in new markets such as Taiwan.
Jeffrey has 14 years of actuarial and institutional investment experience in London and Hong Kong, and joins from Willis Towers Watson, where he was investment director and led the development of the firm’s global portfolio and investment solutions in Asia Pacific.
In his newly created role, Jeffrey will manage key client relationships across the region.
