Experience

European Depositary Bank SA

• Luxembourg
• Financial Services
• 1 - 100 Employee

• Managing Director - Member of the Executive Management Board

  • May 2021 - Present

  • Management of the depositary bank function for more than 500 alternative and UCITS fund structures with a volume of 100 bill. EUR • Departmental responsibility for: - Depositary Bank function - Operations - Compliance - Credit • Oversight responsibility for branches acting as a depositary in the UK, Ireland and Malta • Management of the depositary bank function for more than 500 alternative and UCITS fund structures with a volume of 100 bill. EUR • Departmental responsibility for: - Depositary Bank function - Operations - Compliance - Credit • Oversight responsibility for branches acting as a depositary in the UK, Ireland and Malta



SEB AB (publ) Luxembourg Branch

• Luxemburg

• Head of Investor Services

  • Jan 2020 - May 2021



SEB

• Luxemburg

• Head of Investor Services

  • May 2018 - Dec 2019

  • Management of the depositary bank function for more than 150 captive and third party funds with a volume of 40 bill. EUR • P+L responsibility for the business line Investor Services for the Luxemburgish site • integrative business development responsibility with the sales and coverage organization of the group • responsibility of budget, processes and human resources of up to 16 employees • support of client service management functions for Nordic based portfolio manager of UCITS and alternative funds (Private Equity, Real Estate, senior loan funds) • safekeeping of securities in a subcustodian network in more than 85 countries • supervision in the field of cash- and asset monitoring of funds, due diligence of subcustodians, clearing and prime-broker, transfer agents and other counterparties as well as oversight of outsourced functions (NAV calculation, investment guideline monitoring, administration of subscriptions and redemption, income distribution, record keeping of ex-custody assets) • management of stakeholder in the field of outsourced or delegated elements of the value added chain (settlement of securities, cash and fx transactions, corporate actions, operations, global network management, IT) Show less



TALOS Management Consultants

• Luxemburg

• Partner, Managing Director

  • Sep 2017 - Apr 2018

  • development of the luxemburgish consulting market being responsible for the clients in the Funds-Services (management companies, fund-administrators and custodian banks) • creation of a service offering for the organization & transformation of business models in the Luxemburgish cross-border fund business in the field of cost-efficiency, regulatory compliance, top-line-growth, outsourcing, and post-deal integration • development of the luxemburgish consulting market being responsible for the clients in the Funds-Services (management companies, fund-administrators and custodian banks) • creation of a service offering for the organization & transformation of business models in the Luxemburgish cross-border fund business in the field of cost-efficiency, regulatory compliance, top-line-growth, outsourcing, and post-deal integration



Credit Suisse

• Switzerland
• Banking
• 700 & Above Employee

• Director, Head of Depositary Bank

  • Feb 2014 - Aug 2017

  • Management of the depositary bank function for 380 captive and third party funds with a volume of 60 bill. CHF• responsibility of budget, processes and human resources of up to 35 employees• support of account management functions for international acting portfolio manager of UCITS and alternative funds (Private Equity, Fund of Hedge funds, Real Estate, Micro Finance, senior loan, shariah compliant funds)• street side reconciliation of cash and securities safekept in a subcustodian network in more than 60 countries• supervision in the field of cash- and asset monitoring of funds, due diligence of subcustodians, clearing and prime-broker, transfer agents and other counterpar-ties as well as oversight of outsourced functions (NAV calculation, investment guideline monitoring, administration of subscriptions and redemption, income distribution, record keeping of ex-custody assets)• management of stakeholder in the field of outsourced elements of the value added chain (settlement of securities, cash and fx transactions, corporate actions, operations, global network management, IT) Show less

• Branch Manager a.i.

  • Apr 2017 - Jun 2017

  ▪ act as branch manager ad interim for the Irish branch of Credit Suisse (Luxembourg) S.A.▪ set up of the depositary bank activity for Irish domiciled funds



zeb consulting

• Germany
• Business Consulting and Services
• 700 & Above Employee

• Senior Manager

  • Jun 2012 - Jan 2014

  • development of the luxemburgish consulting market being responsible for the cli-ents in the asset management sector (management companies, fund-administrators and custodian banks) • member of the competence-team “asset management” being in charge of the development of regulatory issues for the fund-industry (AIFMD, EMIR, MIFID II, UCITS V/VI, T2S) in Luxemburg, Switzerland, Sweden and Germany • development and execution of a benchmark-study “fund-accounting costs” in Luxemburg • development of the luxemburgish consulting market being responsible for the cli-ents in the asset management sector (management companies, fund-administrators and custodian banks) • member of the competence-team “asset management” being in charge of the development of regulatory issues for the fund-industry (AIFMD, EMIR, MIFID II, UCITS V/VI, T2S) in Luxemburg, Switzerland, Sweden and Germany • development and execution of a benchmark-study “fund-accounting costs” in Luxemburg



Provinzial Nordwest Lebensversicherung AG

• Germany
• Insurance
• 1 - 100 Employee

• chief department manager

  • Apr 2010 - May 2012

  • project management for the constitution of a data-ware-house for the financial assets of two public assurance companies on a common platform (SimCorp Dimension) • management of an optimizing project in the field of the administration of unit-linked life-assurance products • project management for the constitution of a data-ware-house for the financial assets of two public assurance companies on a common platform (SimCorp Dimension) • management of an optimizing project in the field of the administration of unit-linked life-assurance products



Prvinzial NordWest Luxembourg S.à r.l.

• Luxemburg

• chief department manager

  • Jul 2008 - Apr 2010

  • responsible composition of a department „finance / accounting / tax / controlling for a new founded insurance company • creation and implementation of a settlement platform for unit-linked life-assurance products for the German saving-bank sector • first conception and implementation of executable corporate structures in a start-up phase • execution of business-case calculations • recruiting, job-training and setting and going-operative of the first staff-members • co-organization of board work Show less



Union Investment Institutional

• Germany
• Investment Management
• 500 - 600 Employee

• Head of Operations

  • Mar 2003 - Jul 2008

  management of divers settlement departments with responsibility of budget, processes and human resources of up to 100 employees:- in the institutional and retail depositing business (vol. of 7 bill. EUR)- in the transfer-agent business of 750 funds (vol. of 140 bill. EUR assets under management)- trailer fee adminstration for the transfer-agency business- commissions administration in the investment account and fundbrokerage business- in the cash-settlement of the fund-brokerage- and the depositing business- static data process development for fund-brokerage business- corporate action administration- reconciliation of share certificates and cash-accounts incl. implementation of technical matching solutions- regulatory and shareholder reporting- maintenance and development of reporting lines to the local managing boards and the head of segments- responsibility for the centralization of the administration of inheritances concerning the investment accounts of the Union-Investment-group - composition of a new back-office-service unit in Luxemburg to create flexible cross-border service processes for the investment account business of german retail clients- integration of the central pan-European fund-platform of the German Volks- and Raiffeisen-banks (attrax S.A.) in the Union-Investment-group- reorganization of the procedural and structural organization within the scope of a restructuring project- implementing cost-cutting and –optimizing measurements- establishmet of productivity and quality growth models- industrialization of financial service processes- implementation of EU-Directives Show less

• Head of internal Audit

  • May 1998 - Feb 2003

  • professional and personal management of the Luxemburgish audit team• planning and execution of the internal audit activities in the scope of fund-, investment- and financial accounting and financial reporting• evaluation of the internal control system on the basis of a risk-related audit approach• consulting of the competent departments• central point of contact for the external audit companies• project support of the migration of a new fund-, investment- and financial accounting system• opening up of new audit areas for eastern European subsidiaries Show less

• head of the group-audit department

  • Jan 2001 - 2001

  • professional and personal management of the group-audit team• main responsibility for corporate accounting, fund-processes (front-, middle- und back-office) and infrastructure• integration of audit-units of new added real estate- and advisory-fund-companies in the Union-Investment-group• project attending audit in the scope of the implementation of a new fund accounting it-system in the entire group• arrangement of the group-audit department with the German „Mindestanforde-rungen an die Ausgestaltung der Internen Revision der Kreditinstitute“ Show less



PwC

• Professional Services
• 700 & Above Employee

• Auditor

  • Jan 1993 - May 1998

  • auditing (single and group financial statements) and consulting of credit in-stitutions and investment fund companies of mainly German provenance as an audit assistant and an manager of audit teams • audit of the structural and the procedural organisation according to the relevant rules in the scope of financial accounting, trading and settlement functionalities, securities deposit accounting, private banking, credits, custodian bank functionalities, fund accounting • preparation of annual financial statements of Luxemburgish holding-companies on the basis of German and Luxemburgish commercial and tax law as well as right of supervision Show less