ADP Investor Communication Services, the proxy voting arm of ADP Brokerage Services Group, has appointed Simon Hughes as its new Director of Sales and Marketing for Europe. He replaces Sally Burton who has been transferred to a senior sales position at ADP ICS in New York.
In his new role, Hughes has responsibility for the sales and marketing of ADP’s shareholder communications and proxy voting products and services for global custodians and institutional investors based in the UK and Europe. He reports to Glen Good, Director of ICS in Europe.
Hughes joins ADP ICS from State Street, London, where he was a vice president in their custody operation. Prior to joining State Street, Hughes held senior management positions at Lloyds TSB and the Royal Bank of Scotland. He has 15 years’ experience in securities and custody services and an extensive background in corporate actions, and he was a member of the CREST steering committee representing the Royal Bank of Scotland through the CREST implementation period in 1996.
Harry Frost, Managing Director of ADP ICS in Europe, said: “I am delighted to welcome Simon to ADP. He brings tremendous knowledge of custody operations and an in-depth understanding of corporate actions processing.”