SimCorp bolsters Luxembourg team 08 January 2019Luxembourg Reporter: Jenna Lomax
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SimCorp has appointed Mhamed Zlitni as senior sales manager for SimCorp in Luxembourg.
In this newly created role, Zlitni will be responsible for sales of SimCorp solutions in Luxembourg and will focus on the global custody and fund administration market.
Zlitni will report to Karel Tant, vice president of sales for SimCorp UK, Northern Europe and the Middle East.
According to SimCorp, Zlitni’s appointment is part of an effort to scale operations and increase its local presence, following several recent custodian and asset servicer agreements in the market.
Previously, he served at the European data centre and managed services provider, EBRC, and global consulting firms, including Ernst and Young and Accenture.
Hans Otto Engkilde, managing director and senior vice president of SimCorp UK, Northern Europe and the Middle East, commented: “We are pleased to have Mhamed Zlitni on board with us to oversee this fresh strategy.”
He added: “Having established a compelling offering for Luxembourg, we are confident that our strong global position and integrated approach can help many institutions address their infrastructure, to achieve the cost efficiencies they need and the competitive edge they desire.”
Commenting on his new role Zlitni, said: “I am pleased to join SimCorp in Luxembourg. The market holds many synergies for SimCorp. For one, the front to back investment and custody capabilities of SimCorp Dimension are a perfect combination in solving much of the pressure facing custodians and fund administrators today.”
He added: “Our position as a global company, with sales, consulting and implementation resources around the world, ensures we are best placed to serve this concentrated market of both global and local entities. I very much look forward to entering this role and working with our global sales teams to spearhead this drive.”
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