UK - Brown Brothers Harriman has appointed William Condé as technical and compliance director responsible for trustee and depositary services in the UK.
He will be based in London and assist the bank in developing their solutions throughout the UK and Europe
Condé joins from Linklaters where he worked in the financial markets group as head of the paralegal unit. Prior to Linklaters, he served at Chase Manhattan Trustees Limited for six years as trustee- and technical manager.
“We are excited to have William join BBH at this pivotal time in our European expansion effort,” said David Bilbé, managing director of BBH London.
“William’s proven experience, technical expertise and dedication to client service will play an integral part in successfully delivering BBH’s fully-integrated services to the global investor.”
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.