Apex Makes Three New Senior Appointments

Nitin Khanapurkar, who joins the Apex Group from his role as a senior partner at KPMG, becomes Apex’s Global Head of Risk and Compliance Oversight as he relocates from the UAE to be based at Apex’s London office, bringing with him twenty-five years of global industry experience. In addition, Apex Luxembourg appoints Sonja-Maria Hilkhuijsen as Head of European Compliance and Data Protection and Gareth Williams as Managing Director for the office. Hilkhuijsen joins Apex from State Street Bank Luxembourg S.C.A. having held various senior Legal and Compliance roles within some of the largest global Custodians over the last fifteen years. Williams, joins from J.P. Morgan, where he has held a Senior Vice President role for seven years, also previously worked at State Street. Williams brings a strong management background alongside impressive industry expertise in both investment markets and the corporations operating within these frameworks.

Peter Hughes, Founder & Chief Executive Officer, Apex Fund Services, said:

“We recognize that global regulatory and financial environments are both dynamic and complex, and to further strengthen our internal controls across the Group we are investing in ensuring that we have the most knowledgeable and sought after team in place. Nitin joins us with unrivalled experience spanning four continents and will help implement a state of the art solution to reinforce our global commitment to providing the highest levels of service with exemplary safeguards in place. Sonja and Gareth also have extensive industry experience and are important additions to our European team where regulation is becoming increasingly complex. I am delighted to welcome Nitin, Sonja and Gareth to the Apex Group and look forward to further evolving our procedures, policies and internal infrastructures on a global basis.”

Nitin Khanapurkar, Global Head of Risk & Compliance, Apex Fund Services, said:

“In the current environment, risk and compliance is an integral part of global operations and it warrants the highest level of integrity and diligence. Having a robust risk and compliance framework is a critical success factor for financial service firms, not just for survival but also for growth. I am excited to take up this challenging role and be part of vibrant organization like Apex which has been established on a set of strong founding values and principals. ”

Sonja-Maria Hilkhuijsen, Head of European Compliance & Data Protection, Apex Fund Services, said:

“The EU regulatory framework is growing more and more and leading service providers like Apex face daily challenges around implementing new rules into existing processes and systems without unnecessary disruption of business. I intend to address implementation of these regulatory requirements with a proactive attitude, a pragmatic approach and a tailored solution to ensure that aside of compliance with regulatory requirement a unique Apex client experience is created.”

Gareth Williams, Managing Director – Luxembourg, Apex Fund Services, said:

“Apex is a key independent in the third party global Administrator market and I relish the opportunity to help grow the business in Luxembourg, delivering the highest level of service to our clients. A key focus will be to work in partnership with our clients to support their fund ranges in a time where regulatory and new fund structures require a controlled, accurate and timely delivery.”

ENDS

Contacts:

Rosie Guest, Global Marketing Director                    +44 20 3697 5362               rosie@apexfunds.co.uk

About Apex Fund Services

Apex Fund Services, established in Bermuda in 2003, is one of the world’s largest independent 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.