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People moves news

IQ-EQ appoints new global head of transformation


02 February 2022 Luxembourg
Reporter: Jenna Lomax

Generic business image for news article
Image: IQ-EQ
IQ-EQ has appointed Frédérik Benoit to global head of transformation, a newly created role, to drive the company’s business improvement initiatives on a global scale.

Based in the Luxembourg office, Benoit will work closely with Joanna Macleod, IQ-EQ’s new group chief operating officer.

Benoit has 32 years’ operations and technology securities services experience, spanning senior leadership roles in Luxembourg, Ireland and Malaysia.

His expertise includes cross-border programmes aimed at achieving technology, regulatory and operational transformation, including client on-boarding, in-sourcing, offshoring and migrations in compliance and custody, among other areas.

Prior to joining IQ-EQ, Benoit was managing director, global head of fiduciary and fund services operations, financial markets at Standard Chartered, where he was responsible for their overall operational footprint including hub operations in India, Malaysia and China.

Before that, Benoit served as associate director, global business readiness for Asia Pacific at RBC Investor & Treasury Services.

He has also held other senior roles at RBC Dexia Investor Services, Ireland and Dexia Fund Services Luxembourg.

Commenting on his new role, Benoit said: “I’m thrilled to have joined IQ-EQ at such an exciting time for the company and I look forward to helping us achieve our transformational journey. The combination of IQ-EQ’s exciting transformational agenda together with my international experience will, I am sure, bring this new role to life.”

Joanna Macleod, group chief operating officer, comments: “I’m delighted to welcome Frédérik Benoit to IQ-EQ. Frédérik is the latest in a number of new senior hires who have joined the business recently, demonstrating our investment in company talent as we grow our business and commitment to ensure IQ-EQ remains a global player in technology, regulation and client service.”
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