Nov 30 (Reuters) – The following financial services industry
appointments were announced on Friday. To inform us of other job
changes, email to
.
MANULIFE FINANCIAL CORP
The insurer said its Chairwoman Gail Cook-Bennett will
retire in May and will be replaced by board member Richard
DeWolfe.
ONTARIO TEACHERS’ PENSION PLAN
The Canadian pension fund plans to open its first Asia
office next year in Hong Kong, with as many as 10 staff, a
source with knowledge of the matter said, as it targets higher
returns from direct investments in the region. The company plans
to move Raju Ruparelia, an Ontario-based portfolio manager and
former investment banker with Credit Suisse, to head
its Asia office to be based in Alexandra House, according to a
second source.
BANK OF AMERICA CORP
The lender said on Thursday that its Merrill Lynch brokerage
added 10 veteran advisers across the United States from rival
units at Morgan Stanley, UBS AG and
Wells Fargo & Co.
The new hires, who joined Merrill in October and November,
managed more than $1 billion in client assets at their old
firms.
GLEACHER & CO SECURITIES INC
The broker-dealer unit of Gleacher & Co Inc
appointed Kevin Sisson as a managing director in the investment
banking division. Sisson most recently worked as a senior
partner and co-founder of Cyan Partners LP, a middle-market
direct lending fund.
