Fund administrator Apex Fund Services (Apex) has appointed Richard Dinn as Global Head of Custody and Depositary Sales following the acquisitions of Deutsche Bank AFS and MM Warburg in Luxembourg.
Dinn brings with him over 20 years of broad industry experience providing consultancy support on fund structures and distribution channels across multiple markets worldwide.
As Global Head of Custody and Depositary Sales, Dinn will be based out of Apex’s Dublin office and will report directly to the recently appointed Chief Revenue Officer, Fred Jacobs. He will be focused on expanding and developing the Apex Group’s presence in the Custody and Depositary market on a global scale.
Prior to joining the Apex team, Dinn headed up MDO Management Company’s newly-established Ireland office. Additionally, Dinn held several leadership positions at Citi over the course of almost 20 years, including Investor Services Sales Head for Northern and Eastern Europe, Relationship Manager for platinum clients in Europe, Director of Financial Institutions in Ireland, and Senior Fund Services Manager in London. He has also held positions at Merrill Lynch, Allied Irish Bank, and Credit Suisse First Boston.
Peter Hughes, Founder & Chief Executive Officer, Apex Fund Services, says: “Richard’s extensive experience working with a wide range of fund structures across all key markets worldwide complements Apex’s established reputation for delivering tailored, client-centric services on a cross-jurisdictional basis. We now have the ability to deliver custody and depositary solutions, while retaining the agility of an independent provider, which puts us in a really unique position and is a tremendous advantage for our clients. These services are an integral part of our overall offering and Richard’s appointment is testament to our commitment to growing this side of the business – he brings a strong global perspective to the ongoing development and evolution of our capabilities in this area.”
Dinn says: “This is a great time to be joining an organisation like Apex. The Group’s upward trajectory is truly impressive and the opportunity to lead the growth of its Custody and Depositary services is genuinely exciting. There is a really strong team in place across the Apex Group, and I am looking forward to being a part of it and contributing to the business’ continued success.”