Nucleus has appointed Louis Petherick as group chief risk officer.

Petherick will join Nucleus at the start of August, and his appointment is subject to regulatory approval. He is an experienced chief revenue officer (CRO) with an extensive track record of operating at executive level across various financial institutions, spanning traditional financial services organisations, digitally led companies, and wealth management firms. Petherick joins Nucleus from Brooks McDonald, where he was group CRO for two years. Before this, he was CRO at FNZ UK and spent five years at AJ Bell, where he was CRO and an executive board member. His career includes senior risk roles at M&S Bank, The Co-operative Bank, Lloyds Banking Group, ING Direct and St James’ Place. Along with his extensive track record in leading teams across risk, compliance, and financial crime, Petherick also brings substantial experience working with regulators to his new role. Nucleus CEO, Richard Rowney, said: “I’m delighted that we’ve been able to attract someone of Louis’s calibre at this pivotal time in our growth. He brings significant experience and expertise in risk leadership, having spent over two decades in major businesses across the sector.”

Hymans Robertson has appointed Sachin Patel as head of corporate defined benefit (DB).

In this role, Patel will lead the team to support corporate clients as they navigate the vast array of complex issues and decisions they face for their DB pension schemes. Patel has been at Hymans Robertson since 2014. He is currently the head of corporate DB endgame strategy and a lead consultant in the corporate DB pensions team. He has experience helping corporates tackle day-to-day issues with their DB pension schemes and planning their endgame journey within an increasingly varied DB pension landscape. Patel commented on his new role: “The DB landscape has undergone a remarkable transformation in recent years, with many schemes now in a significantly stronger funding position and able to explore strategic options that were previously out of reach. I’m thrilled to step into this role at such a pivotal and innovative time for the market and help our clients confidently navigate this evolving environment."

Carne Group has announced the appointment of Lizzy Buss as managing director for business development.

Buss will be responsible for engaging with institutional investors, including existing and
potential clients, as part of Carne’s UK growth strategy. In particular, she will focus on the growing long-term asset fund (LTAF) market, with more fund managers looking to transform their in-house fund operations by fully outsourcing their authorised corporate director to a specialist provider. She will also support other regions, including Ireland, Luxembourg, Switzerland, the Channel Islands, and the Cayman Islands. Buss joins Carne from MUFG Investor Services, where she served as an executive director and directed sales and growth of asset servicing solutions to investors and managers in Europe, the Middle East, and Africa. She has over 20 years of experience developing businesses, having various roles at other prime brokerages, family offices, banks, and other financial services firms. Buss will be based in London and will report to Carne Group chief business development officer, Mark Stockley.

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