People moves: BNY Mellon, Schroders, Bank Sarasin, OMAM
Sally Rubin joins BNY Mellon charity wealth unit
BNY Mellon has hired Sally Rubin to be director of CGS Investments as part of a strategic refocus of its charity gift services group within the wealth management business.
Rubin will lead the CGS investment team and report to CGS managing director George Rio.
She has 12 years of experience with an institutional investment management company. Prior to joining BNY Mellon, Rubin was a vice president and equity partner with Frontier Capital Management, a Boston-based institutional investment management company. From 1990 to 1995 she was a business strategist for Telesis, a business development consultancy. Rubin also serves on several boards for art and non-profit organisations.
She joins as the company completes a reorganization of its CGS business. With more than 100 clients and about $2.7bn in client assets, CGS is one of the largest providers in the US of planned donation services to universities, hospitals, community foundations, and other non-profit organisations.
As part of the reorganisation, George Rio moved earlier this year from the company’s Family Office Services group to take the helm of CGS. Rio’s role includes day-to-day management of the CGS teams in Boston and Greensboro, North Carolina.
Matthias Scheiber joins Schroders multi-asset team
Schroders has appointment Matthias Scheiber to further strengthen its £35bn FUM Multi-Asset business.
Scheiber starts on 8th September 2011, joining a team of over 60 multi-asset investment professionals globally and will report to the head of multi-asset investments, Johanna Kyrklund.
He has 11 years of investment experience across the industry. He joins from Aethra Asset Management, where he was a fund manager and partner and was responsible for managing absolute return mandates and a hedge fund, as well as setting up a qualitative and quantitative investment process. Prior to joining Aethra, Scheiber was a tactical asset allocation portfolio manager and strategist at Fortis Investments within BNP Paribas Investment Partners. Before that he was a tactical asset allocation portfolio manager for ABN Amro Asset Management.
Nico Marais, head of multi-asset investment and portfolio solutions, said Scheiber’s appointment together with recent hires Aymeric Forest, Rob Hall and Garth Taljard would help to “significantly strengthen” the bank’s multi-asset investment capability.
Strimer to head Bank Sarasin’s operations business unit
Marco Strimer has been appointed management head of the operations business unit at Bank Sarasin, succeeding Julius Zuercher who will be retiring at the end of 2011. He will start on 1st November.
Strimer’s most recent post was as CEO of SIX x-clear, the Swiss financial market infrastructure provider and central counterparty.
Headed by Peter Sami, the Logistics division looks after all of the bank’s internal support functions in the areas of IT, operations and facility management. The operations business unit is responsible for the timely processing and settlement of stock exchange, securities, payment and treasury transactions concluded by the bank.
OMAM hires Lilley to manage European equity fund
Old Mutual Asset Managers UK (OMAM) has appointed Kevin Lilley as a fund manager to run its Old Mutual European Equity Fund. He will join the company in October 2011 and report to Ashton Bradbury, head of equities.
Lilley comes from Royal London Asset Management where he has managed the £641m Royal London European Growth Fund since 2001. He has more than 20 years’ fund management experience.