The firm said that the new CEO is well-positioned to have a big impact on the strategic direction and future growth of Oak Group.

Oak Group has appointed Kim Sgarlata as Group CEO to lead the firm’s “transformational growth journey.”

With a background in international financial services and a proven track record, Sgarlata is well-placed to drive strategic direction and future growth of Oak Group, the firm said in a statement yesterday.

“Her extensive expertise, coupled with her forward-thinking approach, aligns perfectly with our strategic goals and reinforces our commitment to our core pillars: people, planet and value,” Mark Chasey, chair of Oak Group, said.

The firm added that Sgarlata joining the leadership team signals the beginning of Oak Group’s“next chapter of innovation and expansion as well as a bright future of sustained growth.”

Established for 25 years, Oak Group provides fund administration, private client and corporate services to high net worth individuals, families, and corporate clients across jurisdictions. It has offices in Guernsey, the Isle of Man, Jersey, and Mauritius.