JTC, a provider of fund, corporate and private client services, has appointed Adam Moorshead as new managing director for its Guernsey office replacing Paul Duquemin.
Additionally, Moorshead will take on cross jurisdictional responsibilities and also sit on the global management board of JTC’s Institutional Client Services division.
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Moorshead’s hire comes as the firm plans to continue to enhance its range of services following a period of growth and investment.
Moorshead, who has over 25 years of industry experience, joined JTC in 2015 after it acquired Kleinwort Benson’s fund administration business.
Prior to this, he has held senior roles with Man Investments, Credit Suisse and Rothschild Asset Management working in London, Dublin, Switzerland and the Channel Islands.
Meantime, Duquemin will continue to remain in his role as group director with a specific focus on leading the business development team for the institutional client services division across JTC Group. Also, he will continue to hold directorships on client boards and to manage client relationships at a senior level.
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By GlobalDataMoorshead said: "This is a time of significant expansion for JTC and Guernsey is very much a part of that growth story, as the recent acquisition of Kleinwort Benson’s fund administration business shows."
JTC group head of institutional client services Stuart Pinnington said: "With his funds and management experience, our Guernsey office is in a very strong position to ensure clients continue to receive a first class multi-jurisdictional service.
"In addition Paul’s move to a role that focuses on business development and key client relationships across the Group is of key importance to the Institutional Client Services division and aligns very well with his particular skills and experience."
