SOURCE: Maples Finance

Maples Finance

June 16, 2010 08:00 ET

Maples Finance Expands Business Development for Growth in the Americas and Europe

GRAND CAYMAN, THE CAYMAN ISLANDS--(Marketwire - June 16, 2010) -  Maples Finance today announced two senior level additions to its business development team.

Kim Waldman has been appointed as Director of Business Development Americas. Kim will be based in New York and will work from Maples Finance's newly established office at 250 Park Avenue. 

Adam Jones joins as Senior Vice President Business Development Europe. Adam will be based in London.

Kim and Adam will be responsible for expanding the presence and client base of Maples Finance in the Americas and Europe respectively.

Scott Somerville, CEO of Maples Finance, noted that "Maples Finance is positioned for growth in the Americas and Europe. We are delighted that two experienced industry professionals will join the team to lead the next phase of our development. As the investment funds industry continues to recover, we are seeing increased demand for our fund administration service model. Our model is based on the highest level of client service coupled with a fully integrated, adaptable technology platform. The expertise and experience of our professional staff are key to our future plans." 

Ms. Waldman joins Maples Finance from BNP Paribas where she was responsible for launching and expanding their institutional fund administration business in North America. Previously, Ms. Waldman has held business development, marketing and sales positions at UBS Global Asset Management and BNY Alternative Investment Services. At Maples Finance she will be responsible for opening the firm's New York office and continuing to establish Maples Finance's presence in North and South America.

Mr. Jones was previously Director, Global Equity Finance, EMEA for Scotia Capital in London. In that role he was responsible for sales and marketing of prime brokerage services. Prior to Scotia Capital, Mr. Jones held positions at Dow Jones, Factiva and Reuters. Based in London, Mr. Jones will be responsible for expanding Maples Finance in Europe.

About Maples Finance

Maples Finance is an independent global fund services provider. It has offices in a number of leading financial centres including Montreal, Dubai, Dublin, Luxembourg, Hong Kong, and the Cayman Islands. The firm provides a full range of fund administration services to onshore and offshore funds. The firm's clients come from a wide range of investment management firms and global financial institutions. Maples Finance is led by a team of experienced professionals and is committed to providing a high level of service, tailored to specific client requirements. For more information, visit www.maplesfinance.com.

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