Quintet Private Bank has appointed Lars Kalbreier as group chief investment officer and member of the Authorized Management Committee, succeeding Bryan Crawford. The Luxembourg-headquartered private bank announced the appointment on March 25.
Kalbreier joins from Bainbridge, an advisory and investment banking platform, where he was a partner responsible for strategic asset allocation across public and private markets. Before that, he served as global chief investment officer and member of the executive committee at Edmond de Rothschild Wealth Management, overseeing advisory and discretionary assets, investment research, fund selection and structured products.
BNPP AM places Scemama in deputy CEO role
BNPP Asset Management has appointed Isabelle Scemama as deputy chief executive officer, alongside her role as global head of BNPP Asset Management Alternatives. She continues to report to Sandro Pierri, chief executive officer of BNPP Asset Management.
In her expanded role, Scemama will support the development of the firm’s alternatives platform and contribute to the execution of its strategic plan and growth ambitions through 2030. BNP Paribas AM said she will be “instrumental” when it comes to the implementation of the strategic plan.
Arendt renews senior leadership
Luxembourg law firm Arendt has appointed Gilles Dusemon and Thierry Lesage as co-chairs, effective April 1 for a three-year term. Jean-Marc Ueberecken has been re-elected as managing partner. Dusemon and Lesage succeed Michèle Eisenhuth and Claude Niedner as co-chairs.
Niedner will continue as a partner, focusing on the firm’s regulatory practice. Eisenhuth will retire from her partner role. The renewed leadership team takes office on April 1.
CSSF names resolution chief
Davy Reinard has been appointed director resolution at the Commission de Surveillance du Secteur Financier, effective April 1. He was sworn in by minister of Finance Gilles Roth and will lead the Resolution Council, the body responsible for exercising the CSSF’s powers as Luxembourg’s national resolution authority.
Reinard joined the CSSF in 1998 and has since built expertise across prudential bank supervision, risk management, and regulatory policy. From 2013 to 2017 he was seconded to the Basel Committee on Banking Supervision Secretariat, where he contributed to multiple working groups and co-chaired the EBA Task Force on Model Validation.
HSBC names Ratcliffe as CEO Continental Europe
Cécile Ratcliffe has been named chief executive of HSBC Continental Europe, effective June 1, 2026, pending regulatory approval. She succeeds Christopher Davies, who has served as interim chief executive since January. Her appointment spans HSBC’s corporate and institutional banking, private banking, insurance, and asset management operations across the continent.
Christopher Davies and Joseph Swithenbank will remain as deputy chief executives of HSBC Continental Europe.
Ratcliffe has been with HSBC for more than two decades. Her recent roles include chief country officer and head of banking for France from 2021, head of markets for France, Belgium, and Luxembourg from 2017, and chief country officer for Belgium from 2015. She holds degrees from Sciences Po Paris, Paris I Sorbonne, and Université Paris IX Dauphine.
Deutsche Bank
Stefan Hoops, chief executive of DWS, has been appointed to the Management Board of Deutsche Bank, effective May 1, pending regulatory approval. He will take on responsibility for the asset management segment at the group level while continuing to lead DWS. Deutsche Bank’s supervisory board said the move reflects the growing importance of asset management within the group’s focused growth strategy.
DWS managed 1,085 billion euro in assets as of December 31, 2025. It remains a separately listed company with its own strategy and governance. James von Moltke, who previously represented asset management on the Deutsche Bank board, steps back from that remit. The move follows commitments made at Deutsche Bank’s investor day in November 2025 to deepen coordination between the bank and its asset management arm.
Aztec strengthens Luxembourg leadership
Fund administrator Aztec Group has made four senior appointments in Luxembourg. Francesca Raffa and Maria von Oldenskiöld have been named co-heads of Luxembourg, taking on responsibility for the jurisdiction’s strategic and operational leadership. Sean Barrett and Ian Charoub have been appointed to jointly lead the firm’s private equity offering in Luxembourg, with a focus on governance and client outcomes across the full fund lifecycle.
All four are internal promotions. Aztec described Luxembourg as a core growth market and said its leadership structure is evolving in line with the jurisdiction’s growing scale and complexity. The fund services firm operates across private equity, real assets, and credit strategies.
Fidelity
Fidelity International has appointed Marco van Diesen as sales director for the Netherlands, joining the Benelux team led by Sanela Kevic, head of Benelux. He will be responsible for business development with local investors. Fidelity also welcomed Robin Sys as sales associate in the Benelux team, supporting Dutch-speaking clients alongside sales director Sven Verstraete.
Van Diesen brings more than 25 years of experience in asset management. He began his career at Van Lanschot Bankiers in the Netherlands and later held roles at IKANO in Luxembourg, where he was head of marketing and fund distribution, and at Degroof Petercam Asset Management as head of the Netherlands, Scandinavia and the UK. Most recently he was sales director Europe (ex-DACH) at Energy Infrastructure Partners.
EdRAM strengthens DACH distribution
Edmond de Rothschild Asset Management has appointed Dominik Kremer as head of distribution for Germany and Austria, effective January 7. Based in Frankfurt am Main, where he also heads the firm’s local office, Kremer reports to Marie Jacot, global head of distribution. He joins from Haven Green Investment Management, where he was global head of sales.
Kremer has held distribution roles at Unigestion, Columbia Threadneedle, and Pioneer Investments, and began his career at Fidelity Investments. In his new position, he leads distribution across all liquid and illiquid asset classes in Germany and Austria.