Outsourced investment services provider Multrees Investor Services has appointed Elaine Clements to the Board of Directors.
Clements will work alongside the existing Board, including recently appointed Chairman David Nicol, Ausaf Abbas, Chris Fisher and Clive Stelfox.
The appointment comes as Multrees adds a number of new team members with a view to double its client base over the next five years.
Clements has over 35 years of experience in global regulation and compliance. Her previous roles have seen her acting as a senior global adviser to international, listed and multi-sector clients on legal and regulatory aspects of their business strategy.
A qualified solicitor, Clements joined JP Morgan Asset Management (JPMAM) in 2000 initially as a senior lawyer before being appointed Global Head of Compliance of JPMAM in 2006. Since then she has held a number of board appointments including non-exec member of the Audit Risk Assurance Committee of UK Gov Business, Energy and Industrial Strategy Dept, and non-exec director and committee chair of Cambridge Investment Management.
Clements said: “Growing and managing business risk across multiple markets has been a key focus throughout my career. In a heavily and increasingly regulated environment this is a time of significant change in our industry.
“Multrees with its award-winning global custody and investment administration solution, as well as its heritage in market leading technology, is well positioned to continue its expansion. I am excited to be appointed to the board of such a rapidly growing and successful organisation.”
Multrees Founder and CEO Chris Fisher added: “Elaine’s breadth of experience and in-depth knowledge of regulated fiduciary businesses will bring significant value to our expanding team. Our successful development strategy has enabled the business to witness unprecedented client growth over the past 12 months and we are well positioned to continue to expand our market share.”
