ZEDRA appoints new head of funds 23 August 2021Guernsey Reporter: Maddie Saghir
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ZEDRA, the specialist in corporate services and global expansion, active wealth and fund solutions, has hired Damien Fitzgerald as head of funds for Guernsey.
In the role, he will lead the firm’s fund solutions offering and will be supported by the recently appointed head of fund operations, John Donnelly.
Fitzgerald has gained 23 years of fund administration, corporate governance, accounting and audit experience during his career including 17 years in Guernsey’s financial services industry.
Prior to joining ZEDRA, he was head of funds at TMF Group in Guernsey, leading a team of 70 and chairing all of their Guernsey regulated boards.
During the span of his career, he has also held senior roles at several other Guernsey-based administrators as well as KPMG in Guernsey and Deloitte in Ireland.
The Guernsey fund team at ZEDRA specialises in fund establishment and administration, company secretarial services and governance as well as financial accounting and net asset value production.
The funds team also supports the Guernsey Green Funds initiative which aims to provide greater access to green investments to end investors.
Wim Ritz, global head of ZEDRA Funds, comments: “We are thrilled to have Damien Fitzgerald join our team. His in-depth knowledge of the funds industry will help us further propel the firm’s growth strategy.”
Ritz continues: “As highlighted by our recent acquisition of the fund and corporate services arm of Banque Internationale in Luxembourg, ZEDRA’s ambition is to be recognised as a leading fund formation and administration provider globally.”
Fitzgerald adds: “ZEDRA is a successful and vibrant company that I am delighted to be joining, especially at a pivotal moment in the Guernsey funds industry with the implementation of the new rules for Private Investment Funds earlier this year, set to enhance the appeal of the island as a leading fund jurisdiction of choice.”
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