Transfers

A Rotterdam-based investment team of four people representing InsingerGilissen, part of Luxembourg-based private bank Quintet, has transferred to Auréus, an independent Dutch asset manager that has been gaining scale through acquisitions and alliances in recent years. 

Former UBS director James Purcell has left Luxembourg-based private bank Quintet and joined Credit Suisse as head of sustainability. Purcell will report directly to ​​Credit Suisse’s chief sustainability officer, Emma Crystal.

After more than a decade at UBS, Purcell in 2020 joined Quintet as group head of sustainable, thematic and impact investments. At UBS he held similar positions between 2009 and 2020. His appointment at Credit Suisse took effect this month.

Luxembourg-based investment services provider IQ-EQ has named Shaun Geils as its global head of insurance.

Geils is stepping into a newly-created position intended to support IQ-EQ’s service offering from the firm’s London office in the United Kingdom.

Oddo BHF Asset Management said it has strengthened its presence in Benelux with the recruitment of André Koeken as sales manager. He is now in charge of developing the clientele of independent financial advisors and insurance companies in the Benelux. He reports to Dominic Nys, sales manager for Benelux.

DNCA Finance, a Paris-based boutique investment firm that is part of Natixis group, said on Friday it has hired Jo Switten and Nicolas Dubuisson, who both until recently worked for Carmignac, to strengthen its sales team for the Belgian and Luxembourg markets. 

​Michael Burch has been appointed as CEO of ING in Luxembourg from 1 July 2022. He will succeed Colette Dierick, who has decided to leave ING after 35 years. 

Shareholders of the Luxembourg Stock Exchange on Wednesday appointed Alain Kinch as chairman of is board of directors. Kinsch succeed Frank Wagener, who served as LuxSE’s chair since 2011 and who is retiring.

Kinsch serves on the board of several national and international companies as an independent director and is vice-president of the Luxembourg State Council. He is known for his earlier work at EY, where he was the country managing partner of EY Luxembourg from 2009 to 2020. 

Luxembourg-based Quintet Private Bank on Thursday said that it has named Chris Allen as Group CEO. Allen, who spent the past 15 years moving up the ranks at HSBC, brings over three decades of financial services experience to the role and will take up the position on 1 July. His appointment is subject to regulatory approval. 

The management board of Belgian private bank Degroof Petercam has put forward Sabine Caudron as head of private banking and member of its executive committee. She is due to replace former CEO Bruno Colmant, whose mandate expires after seven years.

Caudron’s appointment is due to be formalised at the bank’s general shareholders meeting on 24 May. The bank has also named two other female executives to its management committees.

In Luxembourg, international law firm Clifford Chance this week announced the promotion of two of its counsel and the appointment of nine senior associates, while industry group Alfi has hired a new head of communications from PWC Luxembourg.