Vistra, a provider of trust, fiduciary and fund administration services, has launched a new office in Stockholm, Sweden.

The new branch will meet the needs of Nordic outbound business opportunities. It will be headed by Maria Mwegerano as commercial director of Nordic Region.

Mwegerano most recently served as the head of business development in the London office at Vistra.

Vistra CEO Martin Crawford said: “The decision to expand our presence into the Nordic region with the launch of Vistra Sweden was a logical step in our business growth strategy as we continue to cultivate our global footprint. The area is rich with opportunities and will enable us to not only provide enhanced services and reach to our existing clients, but also tap into the local market with our new presence.

“We hope to develop relationships with Nordic corporations with overseas subsidiaries and start-ups looking to expand outside the region, as well as alternative investment managers, all of whom will benefit from Vistra’s expertise particularly within our International Expansion and Alternative Investment divisions.”