Apex Fund Services has hired Richard Dinn as global head of custody and depositary sales, with a focus on leading the unit following its recent takeovers.
Dinn will be responsible for expanding Apex Group’s presence in the custody and depositary market on a global scale.
He will also help lead the development of sales following Apex’s recent acquisitions of Deutsche Bank Alternative Fund Services and M.M. Warburg in Luxembourg.
Based in Dublin, he will report to Fred Jacobs, Apex’s newly appointed chief revenue officer.
“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,” said Peter Hughes, founder and CEO, Apex Fund Services.
“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 joins Apex from MDO Management Company where he headed-up its newly-established Ireland office. He was also previously head of sales and relationship management for Northern and Eastern Europe at Citi for almost 10 years.