Fund administrator Maitland has restructured its institutional client management team in a bit to better reflect the main services on offer, and to further align with client needs.
The changes are intended to reflect Maitland’s expansion in terms of both size and geographic reach, and to create a more product-focused approach.
The team will be split to reflect specific service offerings, including: traditional fund services, transfer agency, hedge fund services, and private equity and real estate fund services.
Each segment will have a product head, appointed to drive all aspects of delivery to clients, both in day-to-day operations and long-term strategic projects.
Jim Clark will oversee all institutional client offerings as head of products. Previously, Clark was head of transfer agency product, having joined Maitland from State Street in 2014.
The South African business will be led by Guido Frederico, currently head of hedge fund operations. Frederico has been with Maitland since 2007, holding several roles in the front and middle office and in senior management.
The new traditional fund services team will be headed up by Rob Leedham, who was previously head of institutional client operations for Europe and North America. Leedham has been with Maitland since its acquisition of Phoenix Fund Servcies, where he was both CEO and COO.
Mark Bredell will move from the strategic projects team to be head of the transfer agency product, having joined Maitland from Goldman Sachs in 2012.
The hedge fund services team will be led by Ben Pershick, previous global operations manager. Pershick joined Maitland through the acquisition of Admiral Administration, where he was managing director of the Canada office.
Bruce McGlogan will continue leading the private equity and real estate team, building on its success in Europe and South Africa.
McGlogan joined Maitland to set up and lead the team in 2011, and before this he was an executive director for the J.P. Morgan private equity fund services in Jersey.
Maitland CEO Steve Georgala said: “We are delighted to have a leadership team full of deep industry experience, with each member bringing substantial knowledge and expertise to their domain.”
“Our focus is to stabilise the areas of Maitland that have enjoyed substantial growth recently, whilst continuing to actively grow products and regions where our offering is attracting considerable market interest. Given this, it made sense to restructure our organisation to reflect our client-centric approach, and to empower our business leaders to deliver the best service possible.”
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