Reporting to James Stoddart, head of distribution, Pugh will support the growth of Canada Life Asset Management’s sales and distribution across advisory audiences, the firm said in a statement.

Pugh, who brings more than 25 years of experience to his new role, previously worked as head of strategic partnerships at AJ Bell. He held similar positions at Legal & General Investment Management and Premier Asset Management.

Warburg Pincus
, the private equity house that invests in sectors including wealth management, has appointed former Evercore senior figure Andrew Sibbald as a managing director and co-head of Europe. 

Sibbald will work with co-head of Europe, René Obermann, based in Berlin. Sibbald will succeed Adarsh Sarma, who will remain a managing director and partner, focusing on his existing portfolio. 

Based in London, Sibbald has been chairman and managing director of Evercore's European investment banking business. He was previously co-founder and senior partner of Lexicon Partners which was acquired by Evercore in 2011. He has more than 35 years of financial services experience. Sibbald has advised on  M&A and corporate finance transactions including recently: Arcmont on its sale to Nuveen; Global Risk Partners on its sale to Brown & Brown; and AA on its sale to Warburg Pincus and TowerBrook Capital. Prior to founding Lexicon Partners in 2000, Sibbald was a managing director at Donaldson, Lufkin & Jenrette, where he led a team specializing in M&A in the financial institutions sector. He was previously a partner in The Phoenix Partnership.

Warburg Pincus’s investments includes Evelyn Partners, the UK wealth management and professional services group. The organisation, which is headquartered in the US, made its first European deal in 1983 and has invested more than $15 billion in more than 130 firms.