CACEIS has named Pat Sharman as head of the UK business as part of an expanded role.
The appointment follows the recent cross-border merger of KAS Bank into CACEIS Bank, which took effect from 1 November 2020 following CACEIS’ recommended public offer in cash for all the securities in KAS BANK in July.
Reporting to Pierre Cimino, global head of international development and a member of the CACEIS executive committee, Sharman has responsibility and oversight across all client sectors in the UK including the focus of UK business, both in the pensions and asset management sectors.
She will continue to drive the growth of CACEIS’ footprint in the UK pensions space by bringing securities services and sustainable governance solutions to the UK pension schemes.
In addition, Sharman will work to enhance CACEIS’ presence in the asset management sector, bringing together multijurisdictional product solutions for firms managing alternative and traditional investment products.
Sharman has worked at KAS Bank since 2015 where she started as director of pensions UK until she went on to become managing director UK in 2016.
Cimino said: “The appointment is a reflection of the excellent leadership Pat Sharmaan has demonstrated in building a strong business culture and growing client portfolio for KAS BANK and we’re confident that the CACEIS’ UK business will continue its rapid development under her leadership.”
Commenting on her appointment, Sharman added: “I’m really thrilled about my appointment and have a strong belief that CACEIS will become a major disruptor in the UK securities services arena. My appointment reinforces our ongoing commitment to our pension business. Governance has, and will, continue to be a core theme for our business and we are focused on delivering excellent service and innovative solutions that support our pension, asset management and other institutional clients in the challenges they face.”
