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Who’s Moving Where In Wealth Management – Old Mill, UBP, Others

Editorial Staff

22 December 2023

Old Mill 
, the wealth manager, has appointed financial planner and digital advice specialist Hugh Johnson. 

Johnson (pictured) was formerly the global head of operations at Fry Group responsible for integrating the firm’s multi-service proposition before professional services firm Progeny bought it in 2022.  He began his financial services career in 2008, working as a foreign exchange broker before moving to the financial advice business. Johnson has also worked at firms such as Sanlam.

In late September Old Mill, based in the southwest of England, appointed chartered financial planner Tim Blowers to join the wealth management team.

Union Bancaire Privée SA 
, a global alternatives solutions business, has appointed Pedro Sabido as head of Iberia, based in Madrid.

Sabido will be responsible for expanding S64’s client base of private banks, wealth managers and asset managers in Spain, Portugal and Andorra – territories which offer significant opportunities for the firm, it said in a statement.

Sabido, who has a decade of industry-leading private banking experience, began his private banking career at Santander covering Brazil and Latin America, before joining UBS Wealth Management in London. He then joined Allfunds as head of business development in Brazil in October 2021, a role which saw him grow the company’s presence in the region considerably in just two years.

Sabido’s appointment represents the latest in a series of strategic hires amid rising demand from the private wealth industry in EMEA and APAC for private markets access, the firm said. It has also made a series of hires for its London office in line with expanding its operations globally.

S64’s innovative technology platform offers the full lifecycle management of alternative assets – from structuring and onboarding to financing, as well as secondary market capabilities.