Redington, Ashburton Investments, Cardano, Capital Group, Columbia Threadneedle Investments

RedingtonMitesh Sheth has been appointed chief executive, effective 5 April, at the UK-based investment consultancy. Sheth, currently Redington’s director of strategy, joined in 2013. Before then, he was head of fixed income at Henderson Global Investors and has also held roles at Watson Wyatt (now Willis Towers Watson) and Aon Consulting (now Aon Hewitt). Since Redington’s launch in 2006, co-founders Robert Gardner and Dawid Konotey-Ahulu have held the combined roles of client consultants and co-chief executives.

Ashburton InvestmentsJonathan Schiessl has been promoted to CIO within the international investment team. Schiessl joined Ashburton in 2000 and was previously head of equities before taking on his new role. Meanwhile, Derry Pickford and Marianna Georgakopoulou have been appointed joint heads of the Ashburton Investments asset-allocation team in London. Pickford has been at the company for a number of years, leading its macro analysis, while Georgakopoulou joined last year as multi-asset strategist from Pivot Capital Management in Monaco.

CardanoRalph Frank has been appointed to lead Cardano’s work on defined contribution (DC) pensions. Frank spent four years at the fiduciary manager before establishing Charlton Frank, where he focused on DC design. He has also held senior leadership positions at Mercer and Alexander Forbes in South Africa.

Capital Group – The asset manager has opened an office in Amsterdam, while appointing Martin Hofman as country marketing manager for the Benelux and Nordic regions. Hofman joins from Columbia Threadneedle Investments, where he began as regional marketing manager for the Benelux and Nordics regions in 2008.