CACEIS appoints new head of UK depositary from JP Morgan

New appointment reflects a commitment to the UK funds market for CACEIS and its shareholders, Credit Agricole and Santander.

By Wesley Bray

Asset servicing banking group, CACEIS, has named a new head of depositary for its UK business, as the company continues to develop its platform to deliver expert solutions in the UK funds market.

Sam Maybrey joins from JP Morgan, where he held the role of senior depositary manager for over 11 years.

With 23 years’ experience in financial services, Maybrey joins CACEIS’s London team, andwill be central to CACEIS’s plans to deliver expert solutions in fund accounting, depositary and custody servicing for authorised corporate directors (ACD’s) and asset managers in the UK funds market.

CACEIS has said it is also driving forward a sustainable focus, with ESG and climate reporting as key pillars of the solutions it offers to clients as a sustainable governance partner.

“I am joining CACEIS at an exciting time, given its strong growth ambitions in the UK. I was also attracted to CACEIS’s sustainable governance focus and client-first culture, which is an important step, I think, in building lasting partnerships with ACD’s and asset managers. I look forward to working with my colleagues to build on our solutions for the UK funds market,” said Maybrey.

Maybrey brings to CACEIS technical knowledge of UK fund regulations, with a focus on fund oversight and depositary due diligence of ACDs, alternative investment fund managers directive (AIFMDs), investment managers, fund accountants and transfer agents.

“Sam’s appointment reflects a strategic commitment to the UK funds market for CACEIS and its shareholders, Credit Agricole and Santander. Sam brings a high degree of senior-level expertise and knowledge in depositary, reflecting our focus on delivering strong governance and oversight. Our aim is to continue delivering service excellence to the UK funds sector as an independent governance and asset service partner, with a focus on client-first thinking,” said Pat Sharman, country managing director, UK, CACEIS.