Apex Group strengthens Luxembourg leadership
Apex Group Ltd. (“Apex” or “the Group”), a global financial services provider, today announces that, subject to Commission de Surveillance du Secteur Financier (“CSSF”) approval, it has appointed Frederic Bilas as CEO and Member of the Board of Directors of Apex Fund Services in Luxembourg (“Apex Fund Services”).
In this role, Frederic will be responsible for driving Apex Fund Services through a phase of significant growth to become the leading fund services provider in Luxembourg, implementing the scalable governance structures and systems to deliver the highest level of service to clients. Client service remains at the heart of the Group’s strategy and has recently created two new departments in Luxembourg in addition to the existing service teams: a dedicated Client Relationship Management arm, and a Strategic Client Function – both of which are dedicated to nurturing and enhancing relationships with clients.
Frederic joined Apex in 2020 as Managing Director, and Chief Operating Officer of the Apex Luxembourg business. He has over 25 years of experience in the Investment Funds, Asset Servicing, Commercial and Private Banking sectors. Most recently before joining Apex, Frederic was Director of Operations and Member of the Executive Committee at European Fund Administration, and Head of Securities at Banque Internationale à Luxembourg.
Over the last year, the Group has successfully transferred and integrated the activities of a number of Apex subsidiaries, as well as of newly acquired entities into its connected Luxembourg operations structure while simultaneously has been organically growing its business through the successful onboarding of clients.
Frederic Bilas, Head of Apex Fund Services S.A., comments: “I am excited to take on this role as leading Apex Fund Services in Luxembourg ; Luxembourg is a key strategic focus area for the group, being home to our single-source solution and our largest office globally, employing 750 people across fund, financial and corporate solutions. As a connected business, we are well positioned to drive growth through providing clients with cross-jurisdictional access and the broadest range of solutions in the industry. I look forward to working with my colleagues at Apex Fund Services and the other entities of the Group to grow Apex’s presence in the jurisdiction as we continue to invest in our employees and our systems to better serve our clients as both the industry and workplace evolve.”