Multrees announces new appointments
Multrees Investor Services (Multrees), an award-winning provider of outsourced custody, execution and trading, investment administration and services, today announces new appointments as the company continues its rapid expansion.
David Harrand has joined the group as business development manager and Martyn Johnson moves into the role of Chief Transformation Officer.
Harrand has previously held relationship manager, account director and business development roles within the financial services sector, most recently with trading services firm SIX Securities Services. Harrand also previously held the role of Relationship Manager at Pershing where he both managed clients and developed new revenue streams.
In his new role, he will be responsible for building client relationships and helping to drive forward the firm’s growth.
David Harrand added: “I am delighted to be joining such a dynamic business at an exciting time in its development. I look forward to working closely with new and existing Multrees clients in the coming months.”
Martyn Johnson has been appointed as our new Chief Transformation Officer. With 23 years Industry experience, including most recently Fund Services at JP Morgan, Martyn has been leading Strategic Transformation Programmes at Blue Chip companies for more than half of his career.
In his new role, the new CTO will be responsible for setting and delivering our ongoing technology roadmap covering Cyber Security, Infrastructure and Application Development.
Johnson said " This is an incredible opportunity at an exciting time for Multrees. We have made a great start to 2023 and have big plans to drive forward our technology offering".
Multrees Chief Commercial Officer Andrew Back commented: “David has an impressive record in driving sales and building long-lasting client relationships within prestigious financial companies. We are delighted to welcome him to Multrees where his skills and experience will be an asset to our team as the business moves to the next stage of growth.”
Following the rapid growth that Multrees’ has seen in recent years, not least by growing our assets under administration by 60% to just under £19b the business plans to double the number of client firms its services over the next three to five years.
Recently Multrees have been speaking with 2 potential prospect firms, although we service clients across IFA channel our most recent conversations were with businesses within the private client / family office market.
The prospect client businesses are in the very high and ultra-high net worth category. These businesses are attractive to Multrees as they have an AUM in the region of £2Bn+, as well as having a strong client base.
Multrees want to service clients that are keen to grow and show high growth aspirations, alongside that giving the firm the opportunity to expand on the number of services that it can provide to clients.