Appleby Global is pleased to announce a number of changes to its leadership team.
Sean Dowling, Managing Partner of Appleby (Isle of Man) LLC has been elected by Group Members to join Appleby’s Group Management Company Board alongside Timothy Faries of Appleby Bermuda. The appointment will see Mr Dowling, who joined the firm in 2008 as Partner, contribute significant expertise gained over the course of a career which includes acting as Vice President and President of the Association of Bankers on the Isle of Man as well as serving on the boards of a number of Isle of Man licensed institutions.
Mr Dowling will join local Partner and ex officio member Nick Verardi on the GMC Board, which will now comprise: Fraser Robertson, Stephen James, Sean Dowling, Timothy Faries, Frances Woo, Group Managing Partner Michael O’Connell, and Nick Verardi.
Nick Verardi is the Isle of Man practice Group Head for the Corporate & Commercial department. Since joining the firm in 2001 and becoming Partner in 2002, he has gained a wealth of experience in company, commercial and banking matters. He has a strong international reputation as a leader in his field and as a trusted advisor by organisations such as Chambers UK, Chambers Europe and the Legal 500.
Commenting on his appointment, Mr Dowling stated: “I am pleased to be joining Nick as part of the GMC and proud to be given the opportunity to represent Appleby Trust at Board level. These are particularly exciting times for Appleby Global’s offshore offerings and my appointment comes during a period of significant change both in terms of Group restructuring and scope. I look forward to contributing my expertise in whichever capacity I can and would like to thank my fellow Group Members and colleagues for their support and confidence in my abilities to do so.”
New Group Chairman
With immediate effect, Frances Woo of Appleby Hong Kong has also been appointed as Group Chairman. She will succeed Peter Bubenzer who will be retiring from the Appleby Group on 31 March 2013, following a career at Appleby that spans over 32 years. Under Peter’s leadership Appleby has undergone an expansion strategy that has led to it becoming the world’s largest provider of offshore legal and fiduciary services.
Appleby has also appointed a new global head of its corporate & commercial practice. Effective early in the New Year, Cameron Adderley will lead the corporate group which is one of the largest in the offshore world. Cameron succeeds Judith Collis who has served as global practice head for seven years. Judith will retire from Appleby on 31 March 2013 after 27 years with the Group.
The appointment of Cameron Adderley comes at the end of a busy 12 months with a series of recent promotions and appointments within Appleby’s corporate and commercial group, including two new funds Partners, Ian Gobin and Deborah Poole.
Cameron will relinquish his position on Appleby’s Group Management Company Board, along with John Bisson, whose retirement from the Group was announced in September. These appointments will take effect over the next few weeks.
Frances Woo joined Appleby in 1994 and became a Partner in 1997. She was appointed as managing partner of the Hong Kong office in 2000. She also heads up both the Corporate and Commercial and Private Client and Trusts Practice Groups for the Asia region.
Appleby Group Managing Partner, Michael O’Connell said: “I’m delighted to welcome Frances as the next Chairman of our Group. Frances comes with a wealth of experience and understanding of our business and the offshore market. Her perspective will be invaluable as we continue to drive our strategy forward, in particular our drive to build on our presence in and services to, the Asia market. Frances is based in Hong Kong and has over 18 years of experience working in Greater China and other Asian markets. She is therefore extremely well placed to assist in the Board’s continued delivery of our Asia strategy as well as overseeing the delivery of our overall global strategy.
Frances Woo added: “I’m joining the Board at an exciting time in our development when we are focused on growth, and maintenance of our presence as the leading offshore legal and fiduciary group.
“I will be immediately focusing on continued stewardship of Appleby’s global strategy, as well as undertaking the international representation of the Group. Amongst other things this means proactively responding to the needs of our clients by being in the markets and sectors that they need us to be in. I’m really looking forward to taking up the mantle from Peter and continuing to drive our international growth strategy forward.”
New Global Head of Corporate & Commercial
Commenting on Cameron Adderley’s appointment as head of Corporate & Commercial Michael O’Connell added: “Cameron’s appointment, along with the recent growth hires for our funds team, is part of a focused drive to continue to build the leading transactions practice in the offshore world.”
Cameron Adderley commented: “I’m succeeding Judith at an exciting time for the practice group and for Appleby as a whole. Under Judith’s leadership our highly regarded group has become one of the largest teams covering more offshore jurisdictions than any other firm. I’m looking forward to the challenge of building on this platform.”