Ocorian, a provider of corporate administration, funds and trust services, has appointed Mike Hughes as global head of service lines and member of the executive committee.
Hughes has responsibility for Ocorian’s client segments, and his remit includes sales and business development and encompasses product and market development.
Reporting to Frederik van Tuyll, chairman and CEO of Ocorian, Hughes will work collaboratively with the client teams to set the strategy and identify opportunities for growth across all of Ocorian’s service lines.
Prior to Ocorian, Hughes worked at J.P. Morgan where he ran their $30 trillion assets under custody global custody business with staff of more than 3,000 people covering services in 98 markets.
Tuyll says: “Mike Hughes brings tremendous value to our business. His experience and knowledge of financial services coupled with his energy and enthusiasm will add to our momentum so we continue to grow with our clients on a global basis.”
According to Tuyll, this new role is critical to the successful execution of Ocorian’s strategy and will support the transformation of Ocorian’s global business.
Hughes adds: “Ocorian has an excellent reputation for delivering outstanding client service and we continue to put clients at the heart of everything we do.”
“I am looking forward to helping drive change and ensuring we are best placed to achieve success for our clients as we deliver globally consistent, best in class services.”
Last month, Ocorian hired Michiel Munting to serve as the new managing director of the Netherlands office, taking on the role from Maarten van de Vaart, who is set to retire at the end of June.
