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Apex Group appoints Samir Pandiri to its Executive Committee

30 May 2023

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces the appointment of Samir Pandiri to the newly created role of Group President and Member of the Executive Committee, to support and drive the business’ sustained growth.

Reporting to Founder & CEO, Peter Hughes, Pandiri will be responsible for overseeing key strategic functions to enable Apex Group’s next phase of development including Operations, Technology Product Innovation, Risk and Human Resources. Pandiri’s appointment reinforces how the Group’s evolution and continued momentum is attracting the industry’s most experienced and well-respected top talent, and he will play a key leadership role in its continued expansion.

Apex Group has consistently delivered unprecedented growth, announcing over 40 acquisitions since 2017, as it continues its mission to become the industry’s first-choice tech-enabled service partner. An established industry figure, Pandiri brings over three decades of international financial services and technology experience to the Group, including of leading institutional scale operations teams and implementing operating model transformations.

He joins Apex Group from fintech provider Broadridge, where he was most recently responsible for Post-Trade Technology, Global Proxy and Asset Management Data and Technology businesses outside of North America, with a special focus on Europe and Asia. He also serves on the board of the New Jersey State Investment Council.

Pandiri joined Broadridge in 2019 from BNY Mellon, where he was Global CEO of the Asset Servicing Division and a member of the senior leadership team. He also served as CEO of Asset Servicing in the Americas and CEO of BNY Mellon’s Alternative Investment Services (“AIS”) and AIS Prime Custody businesses. Prior to joining BNY Mellon, he held positions with JPMorgan Chase and Bankers Trust in New York and holds B.S and M.S. degrees in Chemical Engineering and M.B.A. in Finance, from Columbia University, New York.

Peter Hughes, Founder and CEO of Apex Group comments: “We are delighted to welcome Samir to this new role as part of a natural evolution of our leadership team as we continue to serve the changing needs of our business and clients in a way which no one else can. Samir's global outlook coupled with his deep technology and operational understanding, make him perfectly placed to drive our continued innovation and expansion. We have built a management team comprised of some of the most experienced professionals in the industry and are partnered with supportive investors who share our strategic vision for the future of the business. As we celebrate our 20th year in business, we are in a strong position to build on our achievements and embark on the next stage of our growth journey.”

Samir Pandiri, Group President, Apex Group further adds: “Like the rest of the industry, I have watched Apex Group’s exciting growth story with great interest, as the business has evolved into a leading, global provider of financial services, offering an unmatched range of solutions underpinned by innovative technology platforms. With its global presence and local insight, Apex Group is now well-poised for further growth of its data-enabled service offering, and I look forward to working closely with Peter and the Executive Committee to drive the next phase of its evolution.”

About Apex Group

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 94 offices worldwide and 12,000+ employees in 38 countries, Apex Group delivers an expansive range of services to asset managers, financial institutions, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry, including fund services, digital onboarding and bank accounts, depositary, custody, super ManCo services, corporate services including HR and Payroll and a pioneering ESG Ratings and Advisory solution. Apex Group’s purpose is to be more than just a financial services provider and is committed to driving positive change to address three core areas: the Environment and Climate Change, Women’s Empowerment and Economic Independence, Education and Social Mobility.

Press contacts:

Apex Group: Antonia Powell, Head of Media Relations | Antonia.powell@apexfs.com | +44 (0)77 8990 2279



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