Simon Webster has been appointed CEO of Vistra Group, replacing Alan Brown who has stepped down from the role.
Mr Webster will be tasked with leading the next phase of growth for one of the Fund and Corporate Service providers.
Based in Vistra’s headquarters in Hong Kong, Mr Webster will lead the business across 47 jurisdictions including Guernsey.
He said: “I am excited to join Vistra, a company I have admired for many years and have recognised as a global leader with a strong management team, expert professionals, and unparalleled client service. I look forward to working with the Board, the Executive Committee and colleagues around the world to take this incredibly strong platform and grow the business to new heights and to help both our colleagues and clients seize opportunity."
Mr Brown wished him well in his new role.
“It’s been a privilege to have shaped and led Vistra’s team of 5000 colleagues over the past few years," he said.
"Watching such an extraordinarily diverse group of people come together to form One Vistra has been one of the highlights of my 42-year career. Together with my great leadership team, we have built an industry-leading global operating platform. It has been very rewarding to see this translating into strong organic growth. I wish Simon Webster every success as, with BPEA’s support, I truly believe Vistra will become the leading player in the Fund & Corporate Services Industry.”
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