VAM Global, the Luxembourg-based holding company of the VAM Group – which includes the Mauritian Administration and Trust Company (MATCO) and operates VAM Funds – has named Mooneer Salehmohamed as its new managing director.
Salehmohamed, pictured below left, replaces Ron Dicks as managing director of MATCO, in an expanded role that also includes membership of VAM Group General Counsel and additional roles as director of VAM Marketing Ltd and VAM Management Services Ltd.
VAM Global said in a statement announcing the role that the new positions come “as a result of the recent growth of the VAM Group”.
In his new role, Salehmohamed, who is a qualified barrister in England and Mauritius, will be travelling across the various regions in which MATCO and VAM’s other entities operate with the aim of developing existing and prospective client relationships, the company said.
Prior to the appointment, Mooneer was a non-executive director on the MATCO board. He held legal and regulatory roles at Fleming Family & Partners, Newton Investment Management (a subsidiary of BNY Mellon) and Eaton Vance Management (International) Limited, where he headed the Compliance department within the UK, with responsibility for the Singapore office.
David Macdonald, director, VAM Marketing and VAM Funds, said: “Attracting someone of Mooneer’s calibre into the business is a great endorsement of our strategy and ambition. Mooneer will add great value to our VAM Marketing Board of Directors, as we continue to grow the global distribution of VAM Funds.”
MATCO forms part of the VAM Global group and works to establish, manage and administer companies and trusts.