Fund administrator Ocorian appoints new chief executive

Fast-growing fund services provider names new CEO with background at Capita and Willis Towers Watson.

By Jonathan Watkins

Fund services outfit Ocorian has named Chantal Free as its new chief executive officer. 

Free joins from Capita where she was CEO of their portfolio division, leading businesses across a range of sectors including insurance, legal, consulting and technology.  

She previously spent 23 years at Willis Towers Watson, the global risk and people consulting and brokerage firm, where she held several senior roles in Asia and Europe. 

Free’s appointment follows a string of other additions as the administrator continues to hire talent from the upper echelons of the asset servicing world. 

In July, Ocorian added Eamon Burns from BNY Mellon as its global head of fund accounting. This followed quickly on from hires of Anton Britton from Northern Trust and Christoph Schwarz, also from BNY Mellon.  

Back in 2021 Ocorian made an impressive double hire from JP Morgan adding Mike Hughes, the former head of global custody as global head of services lines, and Garrett Breen as head of global funds. Both have since left the company. 

“I am excited to be joining Ocorian which has great momentum, scale and ambition,” said Free. “I am committed to providing outstanding service to our clients and to working with the whole team to identify further opportunities for continued growth.” 

Free takes over the CEO role from Frederik van Tuyll, chair of Ocorian, who stepped into the role in 2021 after Farah Ballands departed. 

“Chantal will be a great addition to our business as we continue our global growth journey,” said van Tuyll. “Her strong client focus and diverse business experience across Asia and Europe will be invaluable as we continue to grow our product portfolio and client base globally.”