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Maitland names new head of fund services in Luxembourg

Jacolene_OttoMaitland Fund Services has appointed Jacolene Otto as head of fund services in Luxembourg, effective 1 April 2022.

Otto’s day-to-day manager responsibilities, which include both regulatory and functional reporting lines, have been approved by the Luxembourg regulator, the CSSF.

Further responsibilities for Otto include the management of the 25-person team in Luxembourg.

She said: “Luxembourg is recognised worldwide as one of the premier jurisdictions for fund services, with a highly robust governance and regulatory regime instituted and managed by the CSSF. I look forward to steering Maitland’s continued growth in Luxembourg.”

In addition to her appointment, Otto will also join the board of Maitland Luxembourg S.A. as a director.

Prior to joining Maitland in 2017, Otto worked for KPMG as a manager, where she was responsible for managing audits of clients in the asset management, stockbroking and investment administration industries.

Jon Hugill, managing director of Maitland Fund Services, said Otto’s appointment is “in line with our firm’s transformation and financial inclusion objectives.”

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