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  3. Exclusive: Simon Cleary joins Goal Group as consultant
People moves news

Exclusive: Simon Cleary joins Goal Group as consultant


09 April 2021 Singapore
Reporter: Becky Bellamy

Generic business image for news article
Image: Simon Cleary
Goal Group has appointed Simon Cleary as a consultant covering Asia for its Asia Pacific (APAC) region.

Based in Singapore, Cleary will report to Selvie Shaqiri, managing director, APAC, who joined Goal in February last year.

He joins with more than 35 years of securities services experience after working in multiple leadership roles in the UK, Luxembourg and Singapore.

Most recently, Cleary worked at Standard Chartered Bank as managing director, head of regional operations in securities services, Association of Southeast Asian Nations (ASEAN) and South Asia, and COO and global head of product for custody and clearing.

He also held roles at Brown Brothers Harriman, SWIFT, Citi, BNY Mellon and Chase Manhattan Bank.

Shaqiri says: “I’m thrilled that Simon Cleary is joining us to extend our work in helping clients understand and carry out their fiduciary duties to the highest possible standards. With his depth of experience and global markets exposure, I’m confident that he will be a great asset to the business.”

Commenting on his new role, Cleary notes: “I am very much looking forward to working with the Goal team in APAC and building on the great work they are undertaking for institutional investors across Asia.”

“Goal Group has an unparalleled track-record in helping clients fulfil their fiduciary duty to reclaim excess tax on cross-border income, and seek legal redress for investment losses. Both areas cost investors dearly if they are not performed fully and efficiently,” he adds.

With both sides of Goal’s business seeing strong growth, Shaqiri explains: “Investors continue to become more engaged, more aware of their rights and their dues, and more willing to push for change. Securities litigation and financial instruments are becoming ever-more complex, leading many institutions who previously managed participation in-house to seek specialist support."

"We are ideally placed to help the investment community streamline current processes and reduce costs while navigating the evolving fiduciary, corporate governance and legal landscapes," she comments.

Earlier this year, Goal Group hired John Binder as vice president, operations.

Binder leads the firm's ADR processing, tax reclaims and securities class actions operations team.
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