The firm promotes Geoff Lloyd from group executive for private wealth and retail distribution to replace Chris Ryan, who exits after a strategy disagreement with the board.
And these firms should consider outsourcing, which carries in-built insurance against pricing errors, says Chris Ryan in his new role at Citi securities and funds services.
Executive director of institutional business Julie Koo is exiting the US shop after 15 years of service and moving to another asset manager in Hong Kong.