Appleby has made a number of changes to its leadership team, including the appointment of Frances Woo as group chairman.
Woo (pictured) will succeed Peter Bubenzer who will be retiring from the Appleby Group on 31 March 2013, following a career at Appleby that spans over 32 years.
Appleby has also appointed a new global head of its corporate and commercial practice. Effective early in the New Year, Cameron Adderley will lead the corporate group, which is one of the largest in the offshore world. Adderley succeeds Judith Collis who has served as global practice head for seven years. She will retire from Appleby on 31 March 2013 after 27 years with the group.
The appointment of Adderley comes at the end of a busy 12 months with a series of recent promotions and appointments within Appleby’s corporate and commercial group, including two new funds partners, Ian Gobin and Deborah Poole.
Adderley will relinquish his position on Appleby’s group management company board, along with John Bisson, whose retirement from the group was announced in September. The group members elected Sean Dowling and Timothy Faries as the new GMC board members. These appointments will take effect over the next few weeks and from then the GMC board will comprise: Fraser Robertson, Stephen James, Nick Verardi, Sean Dowling, Timothy Faries and Frances Woo and group managing partner Michael O’Connell who will serve as ex officio members.
Woo joined Appleby in 1994 and became a partner in 1997. She was appointed as managing partner of the Hong Kong office in 2000. She also heads up both the corporate and commercial and private client and trusts practice groups for the Asia region.
Appleby group managing partner Michael O’Connell says: “I’m delighted to welcome Frances as the next chairman of our group. Frances comes with a wealth of experience and understanding of our business and the offshore market. Her perspective will be invaluable as we continue to drive our strategy forward, in particular our drive to build on our presence in, and services to, the Asia market. Frances is based in Hong Kong and has over 18 years of experience working in Greater China and other Asian markets. She is therefore extremely well placed to assist in the board’s continued delivery of our Asia strategy as well as overseeing the delivery of our overall global strategy.”
Woo says: “I’m joining the board at an exciting time in our development when we are focused on growth, and maintenance of our presence as the leading offshore legal and fiduciary group.”
The Hedgeweek Awards 2013 for the best hedge fund performers and service providers will be held in London towards the end of Q1 2013. Please click here to nominate your product/firm.
The Wealth Adviser Awards 2013 for the top wealth manager and service providers will be held in London towards the end of Q1 2013. Please click here to nominate your product/firm.