Allfunds Bank has hired Simon Shapland to head up its office for the UK and Ireland, based in London.
Allfunds is Europe’s largest mutual fund platform with more than €200 billion, or £142 billion in assets under administration – the London office administers more than £15 billion of assets.
The bank has recently seen a rapid expansion of its UK operations, and now services 30 financial institutions.
Previously, Shapland was managing director for the UK and Middle East at RBC Investor and Treasury Services. He has a record of generating revenue growth and has sat on various senior executive committees.
At Allfunds, he will report to deputy general manager Gianluca Renzini.
Renzini said: “Shapland has significant experience in funds administration and is very well-placed to take forward our UK business to the next stage. We continue to believe our UK and Irish business will be one of the main drivers of growth of Allfunds Bank over the coming decade.”
