People Moves

Who's Moving Where In Wealth Management? - ZEDRA

Editorial Staff, 17 March 2020

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The latest senior moves across wealth planning and legal services in the UK and Europe.

ZEDRA, the international corporate, fund and wealth services business, has appointed Steven Bowen as managing director of its Jersey office. He will lead the development and growth of ZEDRA’s corporate, fund administration and active wealth business on the island.

Most recently, he was chief risk officer at JTC Group PLC respectively as group MD and head of Jersey at Minerva Trust. Bowen has worked in the offshore financial services industry for more than 35 years. 

“With Steven’s extensive track record both in Jersey and globally and a mandate to grow the business in Jersey, we are convinced he will be a very important asset to build ZEDRA’s business both locally and contribute to the growth of the whole Group,” ZEDRA chief executive, Ivo Hemelraad said.  

Acquisition-hungry ZEDRA is entering the Central European market with the purchase of Awans Corporate Services. Its target is one of Poland’s oldest corporate services firms - an organisation which has been offering accounting and administration services to corporations and local businesses for two decades.

The acquisition marks a busy 12 months of M&A activity for ZEDRA, including deals in the Isle of Man, Switzerland, the Nordic market and buying BNP Paribas Wealth Management’s trust business in Singapore. (See here.)

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