Quilter International has appointed Nicholas Kourteff as its new Singapore CEO.

Kourteff joins Quilter from Transamerica Life Bermuda where he was also Singapore CEO. He holds over 25 years of experience in financial services and has held senior roles at Credit Suisse, UBS, AXA Wealth Management Asia, Winterthur Life, and CBA.

He takes over from Ian Kloss who recently left the firm and relocated to the UK.

Brendan Dolan, sales director at Quilter International said: “It is a pleasure to welcome Nicholas to Quilter International and he joins at an exciting time for the business. Singapore is one of our core growth markets and we are committed to supporting the independent advice sector and expanding our distribution channels in the region. Nicholas’ expertise and understanding of the HNW client base across Asia will be a great asset and will help us broaden our reach across private banks, external asset managers and family offices.

“There is an ever-increasing population of HNW clients throughout Asia who are internationally mobile and at a stage of passing on wealth across generations. These clients typically hold international wealth and have complex needs. For this reason, we have strengthened our Pan-Asian HNW team so that it can provide better service and technical support to help our distributors leverage opportunities and deliver better customer outcomes.

“Nicholas’ joining further demonstrates the professionalism and technical capabilities of our Asia team.

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“Ian’s contribution to the business has been fantastic over the last six years and he has been instrumental in growing our brand in Singapore. While we are sad to see him go, we wish him all the best.”

Kourteff added: “I am thrilled to be joining Quilter International particularly at such an exciting time in its evolution. The commitment that the business has to its customers and distributors is clear and I am looking forward to helping to build on this.”