Transfers

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.

Rosheen Dries has joined EY Luxembourg as the firm’s new wealth and asset management tax leader. She brings more than 25 years of reporting and tax experience in Ucits and alternative finance. 

Invesco, an asset management firm with a Luxembourg presence in Kirchberg, Invesco Management S.A., said it has expanded its Benelux operation with the hire of a new ETF sales manager.

Jolien Brouwer has joined the Invesco Benelux team as ETF sales manager, based in the Amsterdam office. Previously Brouwer was responsible for the ETF sales at VanEck. She will report to Roel Thijssen, Head of Benelux Distribution.

Law firm Maples and Calder has announced the promotion of nine of its senior lawyers in Europe, including the appointment of Michelle Barry as partner in its Luxembourg funds and investment management practice. Amundi announced the creation of its first Equity Capital Markets desk, to be headed by Luc Mouzon. Capital Group meanwhile has appointed Kat Ferris to the newly created role of Head of Product Development for Europe and Asia. 

In the Luxembourg transfer market, Banque de Luxembourg Investments and JP Morgan Asset Management both announced that they have strengthened their sustainable investing teams. Consultancy EY meanwhile said it has created a new Luxembourg team dedicated to the public sector.

Roland Rott and Soňa Stadtelmeyer-Petru (pictured) have joined JP Morgan’s sustainable investing team. Both hires will report to JPM’s Global Head of Sustainable Investing, Jennifer Wu.

Two of Luxembourg’s biggest asset services companies, Apex and Universal-Investment, have recently strengthened their client services teams.

Arendt Services

Benjamin Collette has been appointed new CEO of the business, accountancy and tax services department of Luxembourg-based law firm Arendt & Medernach. He specialises in strategy, regulatory and corporate finance.