Fiduciary, funds, audit and tax firm Saffery Champness has promoted Ian Powell to its senior board.
In addition to his role as managing director of fund services, he has been made a director of Saffery Champness Holdings Limited.
Mr Powell has worked in the mutual fund industry since 1980 and joined Saffery Champness in 2007. He previously held senior positions at a leading merchant bank where he provided custodian and trusteeship services and spent four years as a portfolio manager looking after high net worth individuals and pension funds. Mr Powell qualified as a Chartered Secretary in 1992.
As managing director of the fund services company at Saffery Champness, he specialises in collective investment schemes and sits on various boards including investment vehicles and management companies, both internal and external. These include hedge funds, property funds, equity funds, structured products and private equity in a range of structures including unit trusts, partnerships, protected cell companies and companies.
Managing director of Saffery Champness, Nick Batiste, said: “Ian is a great addition to the board thanks to his proven experience, understanding of the industry and the key part he has played in developing our funds services business. His promotion also demonstrates our ongoing commitment to the firm’s growth and we welcome his input.”