Exclusive: Glen Townsend joins Cooper Wood & Associates
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Exclusive: Glen Townsend joins Cooper Wood & Associates 11 January 2021UK Reporter: Becky Bellamy
Image: Cooper Wood & Associates
Cooper Wood & Associates, a specialist asset servicing consultancy, has hired Glen Townsend as an independent senior associate.
Previously, Townsend worked as a senior client director at Aberdeen Standard Investments in London and Luxembourg.
He has also held roles at State Street, Barclays Capital, and BNP Paribas Securities Services, among others.
Having worked in the industry for many years as both a supplier and buyer of services, Townsend says: “I have seen how firms become uncompetitive if they don’t understand the operational interdependency and commercial intricacies that surround asset servicing, and I am delighted to be able to share my experience with the Cooper Wood & Associates client base.”
Both Wood and Cooper have a combined experience of over 50 years and have spent this period working at the epicentre of asset servicing, both as suppliers and clients.
Commenting on the new recruit, Wood says Townsend’s experience will “complement the depth and breadth of services that we offer”.
Cooper adds: “I have known Glen for many years since we worked together at BNP Paribas, and having the opportunity to engage directly with a former director of a top tier global fund manager, allows custodians and administrators to gain real insights as to their target market, and also assists their clients in understanding how to improve the commercial relationship.”
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