FundRock Partners, the authorised corporate director business of FundRock Group, has appointed Michael Vareika and Eric Personne as independent non-executive directors to its board of directors, subject to the Financial Conduct Authority approval.
Vareika has more than 14 years of experience as an independent director, occupying board positions for leading institutions from across the world.
Vareika is already chairman of the board at FundRock Management Company.
Personne has more than 20 years’ experience in the investment banking and asset management sector.
Personne has previously served as global head of Fund Solutions Group at Merrill Lynch and global chief administrative officer for Citigroup’s equities division.
Prior to moving to the UK, Personne served in Paris and Tokyo for Société Générale and was CEO of Lyxor Asset Management.
Personne will act as chair of the audit committee, while Vareika will act as the chairman of the UK board.
Xavier Parain, group CEO of FundRock, said: “We are pleased to welcome Michael Vareika and Eric Personne as independent directors to our UK board.”
“FundRock will immensely benefit from their deep knowledge and rich experience in business and corporate governance and we are delighted that they will be bringing their insight and acumen to our board.”
He added: “We have also set up the UK Strategic Committee with the contribution of external advisors. We are confident this mix of professionals who complement each other’s skills and experiences, will provide valuable perspectives as we continue to execute our strategy and enhance value for our clients.”
