City Moves for 10 October – Who’s switching jobs at Ashburton Investments, Pi Labs and Aviva Investors?
Today’s City Moves includes Ashburton Investments, Pi Labs and Aviva Investors
Sizwe Nxedlana has been appointed chief executive officer (CEO) of Ashburton Investments, the asset management arm of Firstrand. Sizwe has been with Firstrand for more than a decade, previously as First National Bank’s (FNB) chief economist and most recently as CEO of FNB’s wealth and investment activities. Sizwe remains CEO of FNB’s wealth and investments business. Commenting on the appointment, Firstrand chief operating officer, Mary Vilakazi, said: “Asset management is an important component of Firstrand’s portfolio diversification, particularly the building out of its invest-and-save strategies. Sizwe is a very experienced financial markets professional and, given his track record, is well placed to drive Ashburton Investments’ next growth phase.”
London-based property technology venture capital Pi Labs has announced the appointment of Phil Cowans as its new chief technology strategic advisor. Having spent the past three years as founder and chief technology officer at one of London’s up and coming proptech startups, Nested, and recent advisory work with Trussle, Phil is joining the Pi Labs team to provide technical, as well as strategic advice on ground-breaking digital technologies that will shape the future of the property sector. Faisal Butt, the founder and chief executive of Pi Labs, commented: “It’s my pleasure to welcome [Phil]. As we invest in innovations in deep tech including AI, machine learning, augmented reality and blockchain, we have increased our tech and engineering capability across the board.”
The global asset management business Aviva Investors yesterday announced the appointment of Emma Hailey as head of investment process. In this new role, Emma will be responsible for the generation, structuring and completion of new ideas across Aviva Investors’ multi-asset portfolios, with a particular focus on its multi-strategy (AIMS) range. Emma will maximise collaboration across investment teams by co-ordinating key areas of focus for discussion at the multi-strategy team’s weekly investment meetings as well as the firm-wide strategic investment group forum. Emma joins from Fulcrum Asset Management, where she was head of portfolio management. Prior to this, she spent four years in the global fixed income team at Schroders. Peter Fitzgerald, chief information officer at Aviva Investors, said: “We are very pleased to welcome Emma to the team and look forward to benefiting from her experience as we continue to focus on strong idea generation to drive performance.”
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