4th March 2008 | For immediate release
Mourant, the international specialist services firm, has strengthened its private wealth management services in the Cayman Islands by appointing trust expert Indy Singh.
Mr Singh will head up Mourant Private Wealth, the firm’s private wealth management business, in Cayman, which now offers a full range of trustee services. He will take on responsibility for developing private wealth and trust business between Cayman and other jurisdictions in order to service the increasing client demand for private wealth management services in the jurisdiction.
His appointment adds to Mourant’s ability to offer clients a range of wealth management options through a number of jurisdictions and time zones.
Mr Singh joined Mourant when the firm merged with Cayman law firm, Quin and Hampson last year. Heading up the Quin & Hampson fiduciary business, he managed high level trust work and is now offering these services to clients of Mourant Private Wealth worldwide. With more than 20 years of experience in trust work, he is also a specialist in the Caribbean offshore marketplace, having worked on trust and auditing work in the Bahamas and Jamaica as well as Cayman.
A fully qualified chartered accountant, Mr Singh is also STEP qualified.
Anthony Cooke-Yarborough, Chief Executive of Mourant Private Wealth, commented:
"Mourant is continuing to grow its operation in Cayman and Indy’s appointment is a reflection of our commitment to the jurisdiction. The ability to offer Cayman trust services forms part of Mourant Private Wealth's continuing expansion plans and underlines our desire to offer private client, legal and tax advisors a global range of private wealth management options. There is frequently demand from clients and their advisors to use a combination of jurisdictions in their wealth management structures and we have seen a particular increase in demand for trust solutions in Cayman. Indy’s experience and comprehensive understanding of the marketplace will ensure that we can continue to offer geographical diversification in our bespoke wealth management solutions.”
Mourant is an award-winning, multi-disciplinary, international professional services group, specialising in fund and corporate administration, offshore law, and private wealth services. The Mourant group currently has offices in Cayman, Dubai, Dublin, Guernsey, Hong Kong, Jersey, London, Luxembourg, New York, San Francisco and Singapore, and has plans for further jurisdictional growth in 2008.
Employing more than 1,000 individuals around the globe, Mourant believes that its single most compelling proposition is its people.
Mourant is made up of three complementary divisions:
Mourant du Feu & Jeune is one of the world’s leading offshore law firms. Operating from offices in Cayman, Guernsey, Jersey, London and New York, it specialises in providing offshore legal advice across a range of practice areas to the international finance and funds markets, and has a strong reputation in its local practices. Following its recent merger in Cayman with Quin & Hampson, the firm now has 31 partners and a total of 103 lawyers.
Mourant International Finance Administration is a leading international provider of fund and corporate administration services, with more than $150 billion in fund assets under its administration. It operates from offices in Cayman, Guernsey, Hong Kong, Jersey, London, Luxembourg, New York, San Francisco and Singapore.
Mourant Private Wealth is one of the world's leading providers of structures for private clients. We work directly with clients and their advisors to develop and manage bespoke global solutions that meet our clients' needs. It offers its services from Cayman, Dubai, Jersey and Zurich.