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The week in wealth management - most read on thewealthnet

21/08/2017 News Team

Monday

The Commonwealth Bank of Australia's chief executive Ian Narev will retire by the end of the current financial year having faced heavy criticism over a money laundering scandal at the bank.

LGT Vestra appointed Lynsey Carson as business development director, responsible for developing relationships with financial advisers and professional intermediaries in Scotland.

Tuesday

Kleinwort Hambros named Stuart Barnett as chairman designate of the board of directors of SG Kleinwort Hambros Bank Limited, effective 6 November 2017 replacing Warwick Newbury.

Mr Newbury in turn joined multi-family office Sandaire as chairman following the resignation of Alex Scott on 9 August.

Wednesday

KPMG hired Neil Macdonald as a managing director in its asset management practice. 

Rathbones appointed Jim Pettigrew as a senior independent director following regulatory approval.

Thursday

Redmayne-Bentley expanded its Cambridge office with the appointment of Jonathan Adams as an investment manager.

Editor at large Ian Orton compared the potential positional advantages of Hargreaves Lansdown with those of Vanguard

Friday

Former head of private banking at EFG, Daniel S. Gerber was appointed chief executive of Falcon Private Wealth in London.

Freddie Pooter delved into the career of Warwick Newbury who joined Sandaire earlier this week.

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