Louvre Group's Marco Ferreira is departing
for Hong Kong to lead the organisation's fund administration
expansion plans in the region.
Mr Ferreira, now Director of Louvre's Hong Kong fund
business, will have oversight of local operations and drive sales
and business development activity within the fund services
The Guernsey-headquartered firm has had a presence in Hong Kong
since 2007 and has gradually expanded its fiduciary services
business. Mr Ferreira's move gives the group additional local
capacity and will ensure all opportunities can be fully
The Hong Kong office will provide a local infrastructure along
with access to Louvre's fund software which allows for
management oversight and support in administrative matters.
Louvre's Guernsey team will also be able to take advantage of
Hong Kong's time zone to provide valuations at the start of the
business day in Guernsey.
"We have seen an ever-increasing demand for fund services
alongside our fiduciary-led offering in the Louvre Hong Kong office
and Marco will focus on developing business via our existing and
new contacts in the territory," said Kevin Gilligan,
Managing Director of the Group's fund business.
"In addition, an increased presence in Hong Kong will
support the Guernsey office's fund activity and services,
further developing the efficiency of our operations."
Mr Ferreira brings international fund services experience to the
role, with over 16 years in the finance industry both in Guernsey
and in South Africa. He has previously played a key role in
establishing an overseas fund administration office and will bring
this experience to bear in Hong Kong.
Mr Ferreira qualified as a Certified Accounting Technician in
2006 and was awarded a distinction for his Diploma in Fund
Administration in 2010. He also holds an Advanced Certificate in
Fund Administration and is certified in Offshore Finance and
Administration. During February 2015, he was accepted as a member
of The Hong Kong Institute of Directors.
"Expansion of the fund services business into Asia will
unlock significant business opportunities for Louvre and whilst
Hong Kong will be my main focus, I will be exploring opportunities
in Malaysia, Indonesia and China as well," said Mr
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