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Apex Announces COO Promotion

26 April 2016

April 26, 2016: London: Apex Fund Services announces executive management promotion.

Current Managing Director of Apex’s Maltese operation, Anthony O’Driscoll, has been promoted to Chief Operating Officer for the group. O’Driscoll, a member of the Certified Public Accountants of Ireland, has been with Apex for 10 years during which time he has worked at various Apex offices around the world; including Mauritius, Hong Kong, Ireland and Malta.

O’Driscoll has been instrumental in the rapid growth of the Malta office which he helped launch in 2008. Opening with just 5 employees, Apex Malta has grown exponentially now boasting a team of 70 employees servicing over 124 funds. Paulianne Nwoko current Operations Manager for Apex Malta replaces O’Driscoll as Managing Director for the office and David Butler becomes Chairman. Butler is the founder of Green Day Advisors LLP and Kinetic Partners, bringing over 20 years of industry experience with him to the role at Apex Malta.

Peter Hughes, Chairman and Chief Executive Officer said:

“Anthony has been a driving force behind operational innovation for the Apex Malta office. His dedication and commitment to the success and growth of the office are evident in its rapid expansion since establishment 8 years ago. Through implementing progressive projects, such as successfully ensuring Apex Malta becomes the first paperless Apex office, Anthony has demonstrated an aptitude for operational excellence that we want the rest of the group to benefit from. I’m delighted that he can now support me in the role as COO for the group and ensure these progressive developments are implemented quickly and effectively across the rest of the Apex group.”

Anthony O’Driscoll, Chief Operating Officer said:

“I am delighted to take on the role of COO for Apex. The group as a whole delivers a really distinctive service to its clients through continually evolving and adding to its product suite and delivering solutions spanning the full value chain of a fund. Understanding the day-to-day requirements of each unique asset manager, alongside the wider impact of market change on their businesses overall, is what fosters longevity in relationships and forms real trust in our ability to service and support our clients. I look forward to further developing our operating strategy on a global basis and implementing some of the procedures already successfully in place in Malta, to benefit both the other local Apex offices and in turn their clients.”

David Butler, commenting on his role as Chairman for Apex Malta, said:

“I am thrilled to be joining the Apex Malta team in the position of Chairman. At this exciting time of growth for the company I will look to supporting its local development and helping reinforce Apex’s position as the leading administrator in Malta.”

Contacts:

www.theapexgroup.com

Anthony O’Driscoll, Chief Operating Officer                           +356 79818867

Anthony@apexfunds.com.mt

Rosie Guest, Global Marketing Director                                 +44 20 3697 5362

rosie@apexfunds.co.uk

About Apex

Apex Fund Services, established in Bermuda in 2003, is one of the world’s largest specialist fund administration and middle office solutions providers.

Apex has continually improved and evolved its product suite by surrounding these core administrative services with additional products spanning the full value chain; from information delivery and regulatory products to capital introduction services.

The globally distributed service model is delivered by over 600 staff, across 23 full service centres and an additional 10 sales offices.

Apex now administers the investments of some of the largest funds and institutional investors in the world. www.theapexgroup.com

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