Horseshoe, the Bermuda-based subsidiary of Artex, has appointed Kathleen Faries as CEO. Based in Bermuda, Faries will work closely with Andre Perez, the founder and current CEO, who will assume the new role of executive chairman. Faries was most recently the head of Tokio Millennium Re AG, Bermuda. Horseshoe is a specialist administrator of insurance-linked…
Category: People
John Stern to head U.S. Bank’s global corporate trust business
U.S. Bank has appointed John Stern as president of its global corporate trust and custody business. Stern currently leads the team that executes all of U.S. Bank’s treasury functions. Reporting to Gunjan Kedia, head of wealth management & investment services, he succeeds Joseph (Joe) Giordano, who is retiring.
Penny Biggs to retire from Northern Trust
Penny Biggs, who has had a stellar 20+ year career at Northern Trust, is to retire. Biggs, who was most recently chief strategy officer for the corporate & institutional services business, has held a variety of senior roles, including head of the institutional investor group for EMEA, and head of international distribution for asset servicing…
MUFG hires from Deutsche Bank – again
Thomas Ryan has joined MUFG Investor Services as head of asset and liability trading in New York, reporting to Tony Toscano, head of North American global securities lending solutions. Ryan joins from Deutsche Bank.
MUFG hires three managers
MUFG Investor Services has made three appointments. Simon Coombes joins as executive director, business development, based in the UK. He will focus on prospects throughout Europe and the APAC regions. He was previously head of middle office solutions sales at Apex. Vasilis Sotiris joins as head of data engineering & strategy, based in the U.S.…
Crestbridge hires Carol Ann Rotsey as governance services director
Crestbridge, the C.I.-based administrator, has appointed Carol Ann Rotsey as governance services director. She will provide independent director services to a range of UK fund and corporate structures. She will also oversee the administration and client service team in Crestbridge’s London office. Prior to joining Crestbridge, Rotsey was the executive director and the head of…
Oak Group confirms Graham McCormack as CEO
Oak Group, the Guernsey-based private client, corporate services and fund administration business, has appointed Graham McCormack as CEO. He has been acting CEO since former CEO Stuart Platt-Ransom left the role earlier this month. Prior to his role as CEO, he was COO of the Oak Group.
Northern Trust’s FOS business adds two seniors
Northern Trust’s Front Office Solutions business has hired Nichole Mann as head of operations administration and Nora Tiller as head of client solutions. Mann will be responsible for functions including operational data governance, data quality and process oversight, policy development, and data analysis. Prior to joining Northern Trust, Mann worked at Calculated Valuation. Tiller will…
AssetMetrix establishes account management function
AssetMetrix, the Germany-based specialist asset servicing provider in which BNP Paribas has a stake, has appointed Joerg von Taube as head of the newly created account management function within its business development team. He joined AssetMetrix in 2017.
IQ-EQ makes senior appointments in Ireland and Guernsey
Two appointments at IQ-EQ, the Luxembourg-based administrator: Conor Joyce joins as head of transfer agency for its new Irish funds business. He was previously head of TA for SGSS in Ireland. Jacques Vermeulen has been promoted to chief commercial officer, Guernsey, a newly created role. He was previously part of the leadership team in Guernsey.