Cofunds has appointed Marc Doman as head of Institutional Business Development.
Doman will be responsible for heading up the sales team for Cofunds institutional service, which provides specialist fund dealing, settlement and sub-custodian services to a range of institutional clients such as private wealth managers, pension administrators, life companies and custody banks.
He brings with him 27 years of experience and was most recently managing director of Invesco Global Cash Management. Before that he held roles at Arbuthnot Securities and Gartmore Investment.
Doman said: Growing the institutional business from the solid foundations already laid makes this an exciting time to be joining the team. The current appointment of Cofunds by a number of significant names in the industry to-date, most recently by Psigma,SEI and Vestra Wealth, and with a raft of further appointments in the pipeline,is testimony to the appeal of what Cofunds has to offer the institutional market.
(JDC)