Frederik van Tuyll has been appointed to the Board of the holding company of Ocorian, a provider of bespoke administration and fiduciary services to corporate, institutional and private investors, and will take on the role of Chairman to help support and shape the business in its continued growth phase.
A highly experienced and industry recognised figure, van Tuyl joins Ocorian following a distinguished career having first built a significant owner managed business across the Asia Pacific region, before joining Equity Trust as Head of Asia and then Chief Executive Officer of the group. Following the merger of Equity Trust and TMF Group, he was appointed Chief Operating Officer of the combined business before taking over as Chief Executive Officer, leading the business through a significant period of growth and international expansion.
Van Tuyl succeeds David Thorpe who has been Chairman since the 2016 Inflexion-backed management buyout. Thorpe has been instrumental in supporting Ocorian over the last three years, a period that has seen strong organic growth and M&A resulting in Ocorian tripling in size. He will continue to be involved, through this transition, and remain on the Board.
Van Tuyl says: “Ocorian is a fast-growing business, backed by management and an experienced private equity firm. I am delighted to be joining Ocorian and excited at the prospects that lie ahead. I look forward to working with Stuart, the wider team and Inflexion to help build on past successes.”
Group CEO, Stuart Layzell, adds: “Frederik is very experienced in our industry and we are delighted with this new appointment. I am very grateful to David for his support and guidance which has helped us to significantly expand the business since the Management Buyout in 2016.
“With Frederik’s knowledge and industry experience, David’s continued involvement and the support of Inflexion, we are in a strong position to capitalise on our recent successes and realise our ambitions for further growth.”
Ocorian is a global provider of fund and corporate administrative services, supporting funds and investment vehicles for a wide range of clients from global financial institutions and investors to boutique fund managers and high net worth individuals.