(Adds Wells Fargo, AXA Investment Managers)
May 19 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email email@example.com.
Bank of America’s Merrill Lynch said Tuesday it hired an elite team of three brokers away from rival brokerage Morgan Stanley, where they had produced nearly $4 million in fees and revenues last year.
U.S. Bank Wealth Management, a unit of U.S. Bancorp said Jory Sandusky has been named managing director of client experience for its division - Ascent Private Capital Management.
Investcorp’s Hedge Funds business said Sunil Gaglani had joined the firm as chief risk officer.
The banking and financial services company said it named Rohan Kalbag head of commercial banking for Northern California.
The European asset manager hired Florence Dard from Edmond de Rothschild Asset Management to lead its French sales, marketing and client services teams.
The specialty underwriter of property insurance focusing on coastal properties appointed Lynda Butler chief financial officer.
The specialty insurance services arm of Europe’s biggest insurer, Allianz SE, said it appointed Willem van Wyk chief executive for Dubai.
The investment banking arm of French bank Societe Generale said it made four senior appointments in Paris.
The London-based asset manager appointed Matthew Littler head of asset management.
The investment banking and asset management firm appointed three financial advisers from wealth manager Boston Private Wealth LLC.
The German bank’s restructuring plan claimed its first management casualty when its retail chief Rainer Neske decided to quit after the group chose to split up and sell chunks of his domain, including Postbank, German media reported.
Also, the bank put its top two finance executives in Asia on leave for separate reasons, sources familiar with the matter said on Tuesday.
The private equity firm’s biotech investing arm has hired industry veteran Heath Lukatch, the company said on Monday. (Compiled by Ankit Ajmera in Bengaluru)