Michael Cole-Fontayn has been appointed as the new chairman of EMEA at BNY Mellon, retaining his existing responsibilities as chief executive of the depositary receipts division. Cole-Fontayn succeeds Tim Keaney, chief executive of BNY Mellon Asset Servicing, who is relocating to New York. Cole-Fontayn joined BNY Mellon in 1984 and has worked in the depositary receipts business since 1992. He also ran BNY Mellon’s issuer services group in Hong Kong between 1993 and 2000.
Merrill Lynch Wealth Management has appointed David Harrison as a portfolio manager. Harrison joins from Hermes Fund Managers, where he was also a portfolio manager, focusing on the European and UK markets.
Matthew Stemp has joined Berenberg Bank in London to work with both the private banking team in London and Berenberg Asset Management in Hamburg. Stemp joins from UBS Global Asset Management, where he spent 17 years, most recently as head of UK.
The asset management firm has appointed Toby Nangle as head of multi-asset. Prior to joining the company, Nangle was a director of both the multi asset and fixed income teams at Baring Asset Management.
The wealth manager has appointed David Archer as a director of intermediary sales to focus on promoting the firm’s portfolio of in-house asset management services. Archer was previously intermediary sales manager at Kleinwort Benson.
Deloitte has appointed two independent non-executive directors to the main board: Gerry Grimstone, chairman of Standard Life and economist DeAnne Julius, a founder member of the Monetary Policy Committee and chairman of Chatham House.
Peter Anwyl-Harris and James Brennan have joined Rathbone Investment Management as investment directors in its London office. Anwyl-Harris joins from Newton Investment Management and Brennan joins from Baring Asset Management.
Alan Davies has been promoted from director to partner in the law firm’s defendant insurance department. Davies, who joined Pitmans in 2004 as a senior solicitor, specialises in public and employer liability and health and safety prosecutions.