Calastone has appointed Stephen Mohan as COO, responsible for managing its UK and European business and global operational functions.
Mohan joins from DST Systems, formerly IFDS, where he was most recently executive director of transformation and innovation.
He has over 20 years’ experience in the mutual funds sector, and has also held executive positions at financial firms including Bank of New York, M&G and Cofunds.
Julien Hammerson, chief executive of Calastone, said: “Stephen Mohan has a proven track record in delivering significant growth at speed and scale for successful financial services businesses, specifically within the mutual funds sector, and I look forward to working with him as we continue to extend our reach across major global financial markets.”
Mohan said: “I’ve long admired the journey Calastone has been on in transforming the mutual funds market by bringing benefit to many of the world’s leading financial services organisations and their clients.”
“Calastone’s growth from a UK domestic business, to a business that now connects over 1,200 clients across 34 countries and territories worldwide is extremely impressive.”
He added: “The business sits firmly in the exciting, fast evolving financial technology sector and is leading the market by some margin in its scale and ambition.”
