Fund People as at 16 January 2019
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New Appointments
Macquarie appoints new digital infrastructure MD
Oliver Bradley is the new managing director of digital infrastructure investing at Macquarie Capital, returning to the company after leaving in 2015.
State Street appoints new Asia Pacific head
Ian Martin has been promoted to head of Asia Pacific, moving from head of global services across the region. Martin is a long-time employee of State Street.
BT gains director of private wealth division
BT Financial Group has appointed former Saxo Capital Markets chief executive Ben Smoker to head the private wealth services division.
Blue Sky welcomes new CFO, seeks two new execs
Elizabeth Walker is Blue Sky Alternative Investments’ new chief financial officer, replacing Naomi Rule. Walker has extensive finance industry experience. Two other roles remain unfilled as yet: chief executive and chief risk officer.
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Departures
Willis Towers Watson loses veteran
Andrew Boal has left Willis Towers Watson after a restructure merged head of corporate risk and broking with the head of Australasia role. Boal has been with the company for 27 years, and is understood to be seeking new opportunities. Boal remains chair at the Actuaries Institute of Australia.
LGIAsuper deputy CEO retired
LGIAsuper’s deputy chief executive and chief risk officer has retired, and left the superannuation fund.
BlackRock to make 500 staff redundant, iShares/index investments head promoted
BlackRock is laying off about 500 staff globally in the very near future, citing market uncertainty and evolving investor preferences. The overall global workforce will be slashed by three per cent. Even with the changes, BlackRock still has four per cent more staff than it had a year ago.
The global head of BlackRock iShares and index investments, Mark Wiedman, has been promoted to head of international and corporate strategy, reporting to BlackRock CEO Larry Fink. Wiedman has been with BlackRock since 2004. Salim Ramji will succeed Wiedman.
