Zedra completes acquisition of BNP Paribas Jersey

Tuesday 30 August 2022

Zedra has received regulatory approval to take on BNP Paribas Jersey Trust Corporation Limited.

Approval was received from the competition authority - the JCRA - on 12 August.

Steven Bowen, Head of Channel Islands at ZEDRA, commented: “This acquisition gives us a significant opportunity to broaden ZEDRA’s capabilities in the Channel Islands, adding to our fast-growing market position. We would like to extend a very warm welcome to our new colleagues and look forward to them being part of the ZEDRA family.”

Ivo Hemelraad, ZEDRA Chief Executive Officer, added: “ZEDRA is enjoying a successful and incredibly exciting year so far and the firm has the capacity to continue to grow exponentially, supported by our growing team of experts. We are delighted to complete the acquisition of BNP Paribas Jersey Trust Corporation Limited, a jurisdiction which we value immensely and have seen tremendous innovation over recent years. We are looking forward to working closely with BNP Paribas as we continue to look for new opportunities to broaden our offering to current clients and tap into exciting new markets.”