Fund administrator Sanne has continued its mass hiring streak this year with the addition of a fund services veteran as its new head of client operations.
Mark Grenyer joins from JTC where he was most recently head of fund in Jersey for five years. He also previously worked at RBC, Standard Bank and Northern Trust, in various senior fund administration roles.
Working closely with the country head and other leadership colleagues, Grenyer will take responsibility for building and enhancing Sanne’s Jersey business with a focus on client development and operational efficiency.
“I have been continually impressed with the professionalism and innovation from the team at Sanne over the years and am thrilled to have joined at such an exciting time and have the opportunity to help further advance the business,” said Grenyer.
“The head of client operations position gives me the opportunity to work with a highly skilled team and leverage further momentum as the business continues to play a leading role in defining the alternative assets market.”
Following a period of growth in recent years, Sanne has taken its funds under administration to around $327 billion. The moves made during 2020 earnt the service provider a nomination in Global Custodian’s upcoming awards for Fund Administrator: One to Watch.
Earlier this month the administrator appointed Jan Barre as director of business development, based in Luxembourg, and in September, hired Keith Miller as global head of private debt.
“As well as hiring and developing best in class staff, we are constantly monitoring the alternative asset market and assessing areas, services and expertise which are of top importance to our client base,” Jason Bingham, chief strategy officer at Sanne, told Global Custodian.
“In an increasingly fragmented funds market, Sanne sees the potential in offering dedicated best in class service in the alternative asset classes arena and growing it’s capabilities in being able to service client’s increasing demands for a streamlined global offering and approach.”