City Moves for 15 May – Who’s switching jobs at BNP Paribas Asset Management, State Street and Nexus Group?
Today's City Moves includes BNP Paribas Asset Management, State Street and Nexus Group.
BNP Paribas Asset Management
BNP Paribas Asset Management (BNPP AM) has announced the appointment of Rob Gambi as global head of investments, based in London. He will report to chief executive Frederic Janbon and will be a member of BNPP AM’s executive committee. Rob’s career in asset management spans more than 30 years. Most recently he was chief information officer of Henderson Global Investors, prior to which he was global head of fixed income at UBS Global Asset Management. As global head of investments, Rob will be responsible for the management and performance of all of BNPP AM’s investment teams across asset classes and locations. He will oversee all investment management activities including performance, process and research, as well as the implementation of BNPP AM’s Global Sustainability Strategy, announced earlier this year, across the investment platform.
State Street has announced the appointment of Mark Westwell as head of its UK trustee and depositary business, State Street Trustees (SSTL), subject to regulatory approval. In this capacity, Mark will be responsible for the continued growth and development of SSTL, in accordance with State Street Global Services’ UK strategy. He will be based in London and report to Akbar Sheriff, head of global services in the United Kingdom. Since joining State Street in 2007, Mark has held leadership roles in several strategic relationship management positions across the region, served as a director of SSTL, State Street Infrahedge and State Street South Africa. Prior to State Street, Mark held various roles at the Bank of New York and JP Morgan including head of insurance EMEA, head of sales EMEA and managing director of the Information Products Company EMEA.
Nexus Group has announced two appointments to the Nexus Asia leadership team. Former Lloyd’s Asia Pacific president Tony Egerton has been appointed chief of Nexus Asia, while Huntington Group managing director Gerard Pennefather has been appointed non-executive chairman with immediate effect. Tony is a highly respected individual in the Asian market and has over 35 years of experience in (re)insurance and structured finance. After starting his career in the London insurance market, he has spent the past 20 years in Asia where he initially worked in Hong Kong with Centre Solutions before becoming president, Asia-Pacific for Lloyd’s, based in Singapore, and then joining Nexus in August 2018. A chartered accountant by training, Gerard spent 12 years in corporate finance and treasury in New Zealand.