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People moves news

Aztec bolsters team


21 February 2019 Luxembourg
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
The Aztec Group has appointed Pete Blackburn and Farhan Ahmed to its real assets senior leadership team in Luxembourg.

In his new role, Blackburn will have overall responsibility for a portfolio of real estate and infrastructure clients, overseeing outsourcing activities such as financial reporting and administration.

Previously based in the group’s Jersey office, Blackburn has been with the group for more than 10 years and has held numerous roles in relationship management and financial reporting.

Blackburn was promoted to associate director in 2013.

Joining the group as a director, Ahmed will lead a number of client relationship teams responsible for the delivery of administration services to a portfolio of real asset managers.

He will also support clients with technical issues surrounding The International Financial Reporting Standards and Lux Generally Accepted Accounting Principles.

Prior to joining the Aztec Group, Ahmed held the role of director of audit and assurance for EY Luxembourg, where he was focused primarily on real estate, infrastructure and private equity clients.

According to Aztec Group, Blackburn and Ahmed will both play a central role in shaping and driving the development of the group’s real assets offering across Europe.

Commenting on the appointments, James Vella-Bamber, head of real assets for Luxembourg, said: “I’m delighted to welcome Pete Blackburn and Farhan Ahmed to our real assets senior leadership team in Luxembourg.”

He added: “They both have an incredible amount of knowledge and expertise in alternatives and I look forward to welcoming them on board as we continue to strengthen our position as one of the leading fund administrators in Europe.”
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