Newly launched Dubai family office Stonegate Capital brings in investment veteran Peter Warnes as CIO

Newly launched Dubai family office Stonegate Capital named Peter Warnes (LinkedIn) as chief investment officer, according to a statement. This marks the office’s second leadership appointment in just over a week, after naming Faisal Ahmad as CEO on 11 September. Stonegate launched earlier this month as an “AI-native” platform, built from the ground up to manage the global financial and investment interests of an undisclosed UK family.

Warnes joined JPMorgan Asset Management in Hong Kong and London before Manulife Investment Management hired him in 2014 to help lead its asset allocation practice. He later served as CIO and interim CEO of BOS Wealth Management Malaysia. At Stonegate, he’ll oversee investment strategy, portfolio construction, and manager selection across public and private markets — with the firm’s AI-integration mandate, central to its entire pitch, now his to deliver.

Mashreq named Braulio Villela (LinkedIn) as global head of management reporting and advisory for its wholesale banking business, according to a LinkedIn post. Villela joins from HSBC, where he served as global head of financial planning and analysis for nearly four years, rounding out a two-decade tenure at the bank. At Mashreq, he will lead strategic planning, financial performance, and governance for the wholesale franchise.