Jacques Bofferding, the former general manager of the fund services group at Banque Generale du Luxembourg in Luxembourg, is moving to New York to succeed Roger Hanson as Regional Managing Director, Prime Fund Solutions of the Western Hemisphere, at Fortis Bank. Hanson resigned with effect from yesterday.
Bofferding was already Deputy CEO of the Prime Fund Solutions group at Fortis, and a member of the Management Team of Global Securities and Fund Solutions within Fortis Merchant Banking. In his expanded role he will be responsible for the activities of Prime Fund Solutions in the US and the Carribean, relocating to New York shortly.
“Jacques has been very successful in developing our Luxembourg activities and his ample experience in the fund services industry will support us to expand our business in the Western Hemisphere,” says Lex Elfers, CEO of Prime Fund Solutions.
Fortis emphasises that Roger Hanson is going into business on his own behalf, engaging in a venture that is related to funds.
“Roger has contributed to extending our services in the Western Hemisphere, working cross border creating shared services,” says Elfers. “Fortis is grateful to Roger for his contribution and we wish him all the best in his future projects.”