Citco Fund Services announces the opening of its new Malvern, Pennsylvania office.
David Fritz has been appointed as the Managing Director of Citco (Malvern), Inc. David was formerly a senior manager with Ernst & Young’s asset management practice and has worked in their New York, Cayman Islands, and Philadelphia offices.
The Citco Malvern office has been established as a Financial Reporting ‘center of excellence’ whose services will be available to clients of Citco worldwide. The office will focus on the production of financial statements in accordance with the applicable accounting principles.
“Centralising the annual financial reporting process will further enhance our focus on providing accurate financial statements in a timely manner with consistent application of accounting standards,” says William Keunen Director of Citco Fund Services.