Zedra names McLuckie to head up Geneva biz

Zedra, the trust, funds and corporate services specialist that was created earlier this year by the purchase of a majority stake of Barclays’ trust business by a group of investors, has named Stuart McLuckie managing director of its Geneva business.

McLuckie, pictured, is a well-known figure in Switzerland’s trust industry. He comes to Zedra from Rhone Trust and Fiduciary Services, Geneva  – previously Banque Pictet’s trust company  –  where he was a director, and which he joined in October 2011.

At Zedra, McLuckie’s focus “will be on the day-to-day running of the office” as well as on developing and delivering the firm’s strategy and developing new business, Zedra said in a statement. It said he didn’t succeed anyone because the position is a new one.

Since it was created from Barclays in January, Zedra  has been acquiring rival businesses in key markets, including, most recently, Amsterdam-based Allied Corporate Services.  It now has offices in ten jurisdictions, and employs some 300 people, headed up by Zedra group chief executive Niels Nielsen.

ABOUT THE AUTHOR
Helen Burggraf
Helen Burggraf is the editor of International Investment. A US-trained journalist, she has worked in Rome, New York City and London, covering everything from the fashion and retailing industries to the global drinking water and water-treatment sector, private equity, and most recently, the international cross-border financial services/advice industry.

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