Steven de Vries will become head of global financial institutions, while Ignacio de la Maza (photo) will be appointed head of continental Europe wholesale & Latin America.
HSBC names Joe Abruzzo head of global private banking for the Americas
As HSBC’s chief private banking executive in the region, Abruzzo will oversee efforts to advance client service offerings and achieve sustainable growth for the business.
Leadership change announced at Sura-owned AFP Capital
Andrés Castro, whose career spanned three decades inside the Chilean AFP system, stepped down as chairman of Chilean pension manager AFP Capital. He was replaced by Juan Carlos Jobet, a Sura Asset Mgt. director who previously served in the Piñera government.
Pioneer veteran Castellano departs
Jose Castellano has stepped aside after 16 years at Pioneer Investments, whose pending merger with Amundi was recently approved by the European Commission.
Merrill Lynch trims divisions in executive shakeup
Don Plaus will lead Merrill Lynch's elite Private Banking & Investment Group, which caters to wealthy clients. He'll also oversee the firm's international business, according to news site On Wall Street.
UBS names Velez head of Latin America wealth management
The Swiss bank said Velez would take on the role in addition to his current responsibilities as head of global ultra-high net-worth Latin America, effective immediately.
Credicorp lands ex-AFP equity manager to spearhead distribution of SSGA ETFs
Alberto Menendez had been AFP Provida's head of international equity for more than three years before joining Credicorp to manage State Street ETF distribution to Andean institutions.
Natixis Global Asset Management names new CEO
Jean Raby has been named CEO of Natixis Global Asset Management, and will be in charge of the asset management, private-banking and private-equity business lines.
BNY Mellon expands role of Iberian head Evers to include Latam
Antonio Salvador Nasur will continue in his regional role based in Santiago, Chile, reporting directly to Sasha Evers, who is based in Madrid.
Northern Trust strengthens South Florida wealth management team
Northern Trust has promoted Rick Fernandez to managing director of one of its Miami wealth advisory teams, and has hired Xavier Martinez as senior portfolio manager within that team.