Multrees Investor Services adds to Board of Directors
Multrees Investor Services (Multrees) has appointed Elaine Clements to its Board of Directors. Clements joins the existing Board alongside recently appointed Chairman David Nicol, Ausaf Abbas, Chris Fisher and Clive Stelfox.
Clements has over 35 years of experience in global regulation and compliance. Her previous roles have seen her acting as a senior global adviser to international, listed and multi-sector clients on legal and regulatory aspects of their business strategy. A qualified solicitor, Elaine joined JP Morgan Asset Management (JPMAM) in 2000 initially as a senior lawyer before being appointed Global Head of Compliance of JPMAM in 2006. Leading a team of around130 people in 11 countries, Clements was accountable for strategy, resourcing and execution of the JPMAM compliance, regulatory risk assessment and monitoring programme. She was also a member of JPMAM global executive, EMEA audit risk assurance committee and group wide regional committees.
Following her role as Global Chief Compliance Officer at JPMAM, Clements has held a number of board appointments including non-exec member of the Audit Risk Assurance Committee of UK Gov Business, Energy and Industrial Strategy Dept, and non-exec director and committee chair of Cambridge Investment Management.
Clements says: “Growing and managing business risk across multiple markets has been a key focus throughout my career. In a heavily and increasingly regulated environment this is a time of significant change in our industry. Multrees with its award-winning global custody and investment administration solution, as well as its heritage in market leading technology, is well positioned to continue its expansion. I am excited to be appointed to the board of such a rapidly growing and successful organisation”.
Multrees Founder and CEO Chris Fisher says: “Elaine’s breadth of experience and in-depth knowledge of regulated fiduciary businesses will bring significant value to our expanding team. Our successful development strategy has enabled the business to witness unprecedented client growth over the past 12 months and we are well positioned to continue to expand our market share.”
Multrees recently announced the addition of a number of new team members and strategy to double its client base over the next five years.