INDOS Financial has bolstered its management team with the appointment of two experienced individuals into senior advisory and management positions to support its growing business.
Des Quigley, former managing partner of Ernst & Young Ireland, has been appointed as non-executive director while Paul Whelan as head of its depositary services with effect from 1 November 2013.
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Quigley served as a non-executive director of various investment funds and financial services companies.
Whelan joins from BNY Mellon where he served as vice president with responsibility for running the Trustee department in their Wexford office from 2008 to 2013.
Bill Prew, founder and CEO of INDOS Financial, said: "We are very excited that Quigley has joined our board as non-executive director and that Whelan will join our management team. Together they bring considerable financial services, hedge fund and trustee expertise to the business.
"These appointments come at an important time for Indos as we continue to build out our independent depositary oversight solution for hedge fund managers looking for a pragmatic and flexible way to comply with the new AIFMD depositary-lite requirements. We will announce further key hires over the coming weeks," Prew added.
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