Fortis appoints regional MD for Western Hemisphere Prime Fund Solutions

Fortis has appointed Jacques Bofferding as Regional Managing Director Prime Fund Solutions of the Western Hemisphere.

Bofferding succeeds Roger Hanson, who recently informed Fortis of his decision to resign with effect from 1 March 2006, to pursue an independent funds-related venture.

In addition to his current role as Deputy CEO of Prime Fund Solutions and member of the Management Team of Global Securities & Fund Solutions within Fortis Merchant Banking, Bofferding will now also be responsible for the activities of Prime Fund Solutions in the US and the Caribbean. He will relocate from Luxembourg to New York in due course.

'Jacques has been very successful in developing our Luxembourg activities and his ample experience in the fund services industry will support us to expand our business in the Western Hemisphere,' says Lex Elfers, CEO of Prime Fund Solutions. 'Roger Hanson has contributed to extending our services in the Western Hemisphere, working cross border creating shared services. Fortis is grateful to him for his contribution and we wish him all the best in his future projects.'

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