Aztec Group has promoted 158 employees, including 17 to director and associate director positions.
In Jersey, Reshentha Beeby has been promoted to private equity director. She will continue to manage the group's relationship with a number of cornerstone clients, in addition to supporting the development of its private equity offering and client base in the European mid-market sector.
Also promoted to private equity director in Jersey is Karen McSorley. She will co-lead an 80-strong team based in Jersey dedicated to managing the administration requirements of one of Europe's largest fund managers.
The private equity team in Jersey has also been bolstered by the appointment of Glenn Boddie to associate D=director.
In the Jersey private debt team, Richard Phillips has been promoted to director. Since joining the Group in 2016, Aztec said he has been instrumental in developing its private debt operating platform and specialist team.
As director, Phillips will play a leading role in shaping and delivering the group's private debt strategy. In the same team, Sasha Ali has been promoted to associate director.
In other areas of the Jersey office, Kristin Holmes is now group head of legal and will continue to manage all aspects of law and regulation across the group's operations.
Jamie Garland is now associate director in financial systems, while Daryl Pilcher is associate director of corporate services and Tom Richardson is promoted to associate director of transformation.
In Guernsey, Matt Chick has been promoted to private equity director. He will assume leadership responsibilities of core private equity operations and relationship management and client development activities in Guernsey.
The Guernsey real assets team is further strengthened with the promotion of Cassie Gibbons to associate director.
Meanwhile, the group has made four senior promotions in the Luxembourg office. Pete Blackburn is promoted to director of real assets.
Aztec Group explained that he will play a central role in shaping and driving the development of the group's real assets offering across Europe.
Oana Lazar and Francesca Raffa are promoted to associate directors within Luxembourg's private equity and private debt teams respectively, while Jevgenija Fedorasko is now associate director for client experience.
Elsewhere, in London, Sarah Du Val has been appointed as associate director of business development.
Du Val will assume leadership responsibilities for a broad range of business development activities across the UK and Channel Islands.
Edward Moore, CEO at the Aztec Group, commented: "I'm proud that so many of our employees across the Group have risen to the challenge of this exceptional year. It really is a testament to the strength, resilience and the ambition of our people that we have continued to thrive.”
He explained: “This latest round of promotions is our biggest yet, and it underlines our commitment to investing in the career progression of all our talented employees, across all jurisdictions.”
"We believe these promotions will set us up perfectly for what should be an exciting 2021. We want our clients to think of us as their most trusted partner who anticipates, understands and delivers and these promotions leave us strategically better-placed to achieve those ambitions,” added Moore.
Aztec was also recently selected to provide ongoing administration, reporting and investor services to Deutsche Private Equity’s €1 billion Fund IV from its offices in Jersey, Luxembourg and the Netherlands.
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