Mutual fund platform Allfunds has announced the opening of its representative office in Bogotá, Colombia.
Colombian Carlos Felipe Stozitzky (pictured), has been appointed as director of the new representative office in Bogotá.
Allfunds has been working in Colombia for over 8 years, offering services exclusively to regulated financial organisations. The move follows the opening of its first office in Latin America – in Santiago, Chile in 2008.
Based in Santiago, Chile, he has been regional manager for the region for the past two years. Before joining Allfunds, Stozitzky held relevant roles at different local asset managers and banks.
According to Luis Ussia, Allfunds Bank regional manager for Iberia & Latam: “Providing local servicing is key to be successful across the region. It is a significant investment but it really pays off as clients value nearness and local support. We like to be closer to clients and we try to differentiate ourselves from the rest in that perspective.”