Nassau, Bahamas and Zurich, Switzerland – 29 May, 2012 – International Protector Group (IPG), a leading fiduciary services provider, today announced the appointment of trust business specialist, Kevin Clerey, as managing director of its newly formed associate company, IPG Switzerland GmbH. Clerey, a thirty-five year industry veteran, will oversee IPG's growth in the region to support its growing international corporate and private client network for professional protector services and introduce the benefits of the Bahamas Executive Entity to Swiss-based trust advisors.
Clerey has a distinguished track record in delivering trust solutions, having worked with Credit Suisse for 23 years. As head of the bank's global trust operations he created new platforms for its private banking division which were used by over 3,500 clients worldwide. He also oversaw fund administration and led trust companies in key global financial centres including The Bahamas, Cayman Islands, Isle of Man, Guernsey, Switzerland, Liechtenstein, Dubai and Singapore.
Speaking about his appointment, Clerey said, "I am delighted with my new appointment at IPG Switzerland. It is an exciting time to be joining the company – IPG has had an unprecedented opportunity to grow its business and has firmly established itself as an industry leader. By offering a powerful combination of client-focused strategic initiatives and top-drawer talent that is capable of transforming client goals into reality, IPG has set the pace for the future of wealth management and estate planning, and I look forward to my career here."
"I am delighted to welcome Kevin to IPG. He brings with him significant expertise of trust management, and a unique combination of business acumen, client focus and innovative thinking. His proven success in managing clients will play a valuable role in IPG's further development as we strengthen our ties with our clients and expand our suite of wealth management services. As IPG continues to grow and diversify, we think Kevin is ideally suited to oversee our efforts and forge the way in Europe. The company's proximity to major financial centres in the region ensures it is always on hand and close to the markets, intermediaries and customers it knows so well and is ready to serve," said Andrew Law, Chief Executive Officer of IPG.
Clerey joins IPG Switzerland GmbH from Clerey Associates, an independent business and fiduciary services provider, where he is a trust specialist who advises banks and trust companies around the world. He is also an expert in Common Law trusts and offshore companies.
IPG is a specialist provider of Family Office services with a particular focus on Private Trust Companies. With assets under supervision of $1.5 billion as of 31 December 2011, IPG's specialists are based in the key financial jurisdictions of The Bahamas and Zurich - offering dedicated international business expertise with strong experience of working with professional intermediaries and private clients around the world.
IPG is revolutionising wealth planning and fiduciary structuring through its participation in the development of The Bahamas Executive Entity – a unique piece of Bahamian legislation designed specifically to resolve complex governance issues in fiduciary and wealth management structures. Additional information is available at: http://ipg-protector.com
Shirlene Campbell Ritchie
PR for IPG
Tel: 01780 721 433
IPG PR contact – Taran Mackey
Tel: +1 242 677 8700