JTC Fund Services is strengthening its funds business with the appointment of Daniel Essoo and Fèmy Mouftaou.
Essoo joins as senior director, based in JTC’s London office, and Mouftaou is a director and head of business development in Luxembourg.
Mouftaou will be charged with driving JTC’s growth strategy in Luxembourg, and will manage an international portfolio.
Previously, he was managing director and conducting officer at Apex Fund Services. Before this, he served at PwC and a telecoms group, and founded a consulting business in West Africa.
He is also vice president of the Luxembourg Africa Investments Association.
Essoo joins from SGG Group, where he was UK managing director. He has also held senior positions at financial services firms in the UK and Mauritius.
He has 14 years of experience in the international financial services industry, and in his new role will support JTC’s further growth in London.
Nigel Le Quesne, JTC group CEO and chairman, said: “We continue to see real growth opportunities in our global funds business and Luxembourg and London are key centres at the core of our strategy.”
He added: “We see good opportunities to build on these platforms further in the coming months and Fèmy Mouftaou and Daniel Essoo will undoubtedly play major roles in achieving our ambitions.”
The appointments follow the launch of JTC’s Luxembourg-based global alternative investment fund manager solution management company, and a new partnership with INDOS financial, offering a UK depository service for alternative funds. Both of these projects were completed last year.
