CST Hires Mark Mulima as Chief Compliance Officer and Senior Counsel

TORONTO, ONTARIO--(Marketwired - Oct. 28, 2015) - CST Trust Company announced today that Mark Mulima has joined the company as Senior Vice President, Senior Canadian Counsel and Chief Compliance Officer. In addition to this role, Mark will serve as Corporate Secretary of CST.

As Chief Compliance Officer, Mulima will be responsible for ensuring that all areas of the company meet compliance responsibilities and applicable laws and regulations. His focus will include assisting the company in identifying and implementing enhancements related to the management and monitoring of compliance related functions.

"We are very pleased to have Mark join the company," said Margot Jordan, Interim President & CEO of CST Trust Company. "Mark's experience will be a tremendous driver of our continued success."

Mark joins CST with a vast amount of experience in legal, risk and compliance leadership roles. He has worked extensively with regulators, most recently in his role as the head of the compliance and legal departments at Caceis (Canada) Limited, a company that provides hedge fund administration services to over 150 hedge funds. He also managed the company's anti-money laundering, terrorist financing review and reporting process.

"CST has a dynamic, growing business," said Mulima. "I look forward to leveraging my experience to help CST execute its strategic initiatives."

About CST Trust Company

Headquartered in Canada, with offices in Toronto, Montreal, Calgary and Vancouver, CST Trust Company (CST) provides issuers global solutions through local access points. CST and its affiliate, American Stock Transfer & Trust Company, LLC (AST), provide comprehensive stock transfer, corporate trust, ownership intelligence, proxy solicitation and employee plan services to more than 8,000 public issues and over five million shareholders. Together, CST and AST serve clients located throughout North America that range in size from initial public offerings to Fortune 100 companies. The organization provides fully integrated services to financial market participants around the globe.