SGSS hires UK trustee and depositary head
Societe Generale Securities Services (SGSS) has hired David Painter as head of trustee and depositary services in the UK.
Based in London, he reports to Bertrand Blanchard, SGSS’ country manager in the UK, and to Michèle Besse, global head of depositary control.
Painter will play a key role in launching and managing trustee and depositary services in the UK, including asset safekeeping, cash monitoring and oversight duties, for a range of investment funds. He will also help develop a range of integrated client solutions.
The appointment is part of SGSS’ development strategy, which includes on-going implementation in the UK of outsourcing solutions to provide managers with the full post-trade value-chain from global execution to global custody.
Painter joins SGSS from JPMorgan Chase, where over 20 years he rose to head of UK business development, trust and fiduciary service.
He was also a board director of the JPMorgan trustee and depositary company and latterly represented JPMorgan on the Executive Committee of the UK Depositary & Trustee Association (DATA), where he was elected chairman in 2014.
Based in London, he reports to Bertrand Blanchard, SGSS’ country manager in the UK, and to Michèle Besse, global head of depositary control.
Painter will play a key role in launching and managing trustee and depositary services in the UK, including asset safekeeping, cash monitoring and oversight duties, for a range of investment funds. He will also help develop a range of integrated client solutions.
The appointment is part of SGSS’ development strategy, which includes on-going implementation in the UK of outsourcing solutions to provide managers with the full post-trade value-chain from global execution to global custody.
Painter joins SGSS from JPMorgan Chase, where over 20 years he rose to head of UK business development, trust and fiduciary service.
He was also a board director of the JPMorgan trustee and depositary company and latterly represented JPMorgan on the Executive Committee of the UK Depositary & Trustee Association (DATA), where he was elected chairman in 2014.
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