Apex-owned European Depositary Bank has appointed Robert Steele and Jean-François Thils to its executive management board. They join EDB CEO David Claus and managing director Holger Barth as members of the bank’s executive management board. David Rhydderch, previously a member of the board, is stepping down and becoming a member of the board of directors…
Category: Headlines
Astorg selects LemonEdge
Astorg Group S.a.r.l Luxembourg has appointed LemonEdge, the UK-based platform provider for private markets fund and portfolio accounting, for LP, GP and fund accounting. Astorg is a pan-European private equity firm with over EUR18bn (USD19.5bn) AuM. One of Astorg’s portfolio companies is IQ-EQ, the Luxembourg-based administrator. On the LemonEdge platform, Astorg will manage accounting in…
ONE hires a Danloy (no, not that one)
Valentine Danloy has joined ONE group solutions in Luxembourg in a business development role. She was previously at Morgan Philips Group, a search agency.
ID-Pal appoints CCO
ID-Pal, the UK-based identity verification provider, has named Sara West as the company’s new commercial director. West joins from W2 Global Data, where she served as chief commercial officer since 2017 and as a member of its executive board of directors in 2019.
Further changes at HSBC
Further changes at HSBC’s securities business, where Sébastien Danloy continues to lead as interim global head of securities services. Rafael Moral, regional head of securities services of Asia-Pacific & MENAT, will expand his remit as global head of country management for securities services. Brendan Matthews, US country head and Americas COO for securities services, will…
C-suite changes at Temenos
Max Chuard, CEO of Temenos, the Switzerland-based fintech provider that owns Multifonds, is to step down after 20 years of service. A search to identify a new CEO is under way, with the board of directors considering both internal and external candidates. Andreas Andreades, executive chairman, will assume duties as acting CEO whilst a new…
Kevin Duddy joins State Street in Poland
Kevin Duddy has been appointed COO of State Street in Poland. He joins from BNY Mellon, where he spent 15 years, most recently based in Poland as head of EMEA fund accounting.
Brijesh Patel joins SS&C
Brijesh Patel has joined the private markets team at SS&C, based in the UK. He was most recently at Sanne (now part of Apex) and previously spent 15 years at State Street.
Centralis appoints new CFO
Centralis, the Luxembourg-based corporate and fund services provider, has appointed Dermot Caden as its CFO. Caden has served as CFO for several private equity-backed businesses in the financial services and business services industries. Most recently, he was CFO for KB Associates, an Ireland-based ManCo that was acquired by Waystone in 2022.
IDR doubles in 2022
IDR, the Guernsey-based fintech focused on investor onboarding for private markets fund managers, has reported doubled revenue and global headcount during 2022. IDR connects nearly 40,000 investors – over 50pct of the world’s private markets investors – to 5,500 funds. The firm has a presence in 11 locations worldwide and works with some of the…