Category: People

The board of abrdn plc, formerly Standard Life Aberdeen, which has GBP535bn (USD743bn) AuM, has appointed Hannah Grove as a Non-Executive Director from 1 September 2021. Melanie Gee will stand down from the board at the conclusion of her second three-year term of appointment on 31 October 2021. Grove will succeed Gee as the board…

Andy Clayton has retired from Northern Trust after a 35-year career with the firm. Clayton held a number of senior positions with the securities finance and capital markets business lines, most recently as head of Northern Trust’s capital markets division in EMEA. He has also run the global securities lending business. His retirement is the…

Scott Markowitz has joined J.P. Morgan to head its Americas direct custody business. Markowitz spent four years at HSBC, most recently heading the securities services business in the Americas, following 16 years at BNY Mellon. J.P Morgan has also appointed Tom Casteleyn as head of global custody for EMEA, including responsibility for UK direct custody.…

Hugo Smyth has joined Ocorian, the C.I.-based administrator, as head of business development – UK & Europe – capital markets. He is based in London and reports to Simon Behan, chief commercial officer. He joins from Deutsche Bank. Ocorian’s capital markets business includes loan administration and agency, debt restructuring and trustee services.

Carne Group, the European provider of ManCo and fund governance services, has announced changes to its executive committee. Pascal Dufour, based in Luxembourg, takes on the role of Carne’s group chief product officer. Des Fullam, based in Dublin, takes on the role of Carne’s head of regulation & client solutions. Earlier this year Carne hired…