Mainstream Fund Services has made two senior internal promotions within its Irish and Cayman operations.The promotions follow the retirement of John McCann, formerly CEO of Europe and Cayman, who retired from the Group in September 2020. McCann founded Trinity Fund Administration (Trinity) in 1993 and became part of the Mainstream Group in 2017.
As a result, Barbara Purcell has been approved by the Central Bank of Ireland as the CEO of Mainstream Fund Services (Ireland) Limited, with responsibility for Mainstream’s Dublin operations. Purcell will also replace John as the Anti-Money Laundering Compliance Officer (AMLCO) on client mandates.
Purcell was previously COO of the Group’s Irish operations and has worked for Mainstream since 2018. Barbara has more than 27 years of experience in fund administration, having previously worked for Trinity for ten years from 1994 to 2004 and having also worked as an independent consultant within the funds industry for thirteen years.
In the Cayman Islands, Angela Nightingale has been approved by the Cayman Islands Monetary Authority as the CEO of Mainstream Fund Services (Cayman) Limited, with responsibility for Mainstream’s Cayman operations.
Nightingale’s former role was Country Manager, Cayman Islands, having worked for Mainstream/Trinity since 2011. Angela has over 15 years of fund administration experience, having previously worked for DMS Governance.
Both Nightingale and Purcell will report to Mainstream’s Group CEO and co-founder, Martin Smith.
Smith, Group CEO of Mainstream, says: “Both Barbara and Angela have been a key part of the success of our Irish and Cayman operations and we are pleased to be able to promote talented people from within our organisation into senior leadership roles. We also thank John McCann for his contribution to Mainstream and wish him well enjoying more time with his family.”
In addition, Mainstream is bolstering its relationship management and business development in Europe through the creation of a new Dublin based Client Services Manager role, with details to be announced.
