Woo takes over from Bubenzer as Appleby chairman
Appleby has announced a number of changes to its leadership team.
Frances Woo will be appointed as group chairman. She will succeed Peter Bubenzer who will be retiring from the Appleby Group on 31 March 2013, following a career at Appleby that spans over 32 years. According to the firm, under Peters leadership Appleby has undergone an expansion strategy that has led to it becoming the worlds largest provider of offshore legal and fiduciary services.
Appleby has also appointed a new global head of its Corporate and Commercial practice. Effective early in the New Year, Cameron Adderley will lead the corporate group which is the firm says is one of the largest in the offshore world. Mr Adderley succeeds Judith Collis who has served as global practice head for seven years. Judith will retire from Appleby on 31 March 2013 after 27 years with the Group.
The appointment of Mr Adderley comes at the end of a busy 12 months with a series of recent promotions and appointments within Applebys corporate and commercial group, including two new funds Partners, Ian Gobin and Deborah Poole.
Mr Adderley will relinquish his position on Applebys Group Management Company Board, along with John Bisson, whose retirement from the Group was announced in September. The Group Members elected Sean Dowling and Timothy Faries as the new GMC Board Members. These appointments will take effect over the next few weeks and from then the GMC Board will comprise: Fraser Robertson, Stephen James, Nick Verardi, Sean Dowling, Timothy Faries, and Frances Woo and Group Managing Partner, Michael OConnell who will serve as ex officio members.
Ms Woo joined Appleby in 1994 and became a partner in 1997. She was appointed as managing partner of the Hong Kong office in 2000. She also heads up both the Corporate and Commercial and Private Client and Trusts Practice Groups for the Asia region.
Appleby Group managing partner Michael OConnell said: Frances comes with a wealth of experience and understanding of our business and the offshore market. Her perspective will be invaluable as we continue to drive our strategy forward, in particular our drive to build on our presence in, and services to, the Asia market.
Frances is based in Hong Kong and has over 18 years of experience working in Greater China and other Asian markets. She is therefore extremely well placed to assist in the boards continued delivery of our Asia strategy as well as overseeing the delivery of our overall global strategy.
Ms Woo added: Im joining the board at an exciting time in our development when we are focused on growth, and maintenance of our presence as the leading offshore legal and fiduciary group.
I will be immediately focusing on continued stewardship of Applebys global strategy, as well as undertaking the international representation of the Group. Amongst other things this means proactively responding to the needs of our clients by being in the markets and sectors that they need us to be in. Im really looking forward to taking up the mantle from Peter and continuing to drive our international growth strategy forward.
Commenting on Mr Adderleys appointment as head of Corporate & Commercial Michael OConnell added: Camerons appointment, along with the recent growth hires for our funds team, are part of a focused drive to continue to build the leading transactions practice in the offshore world.
Mr Adderley added: Im succeeding Judith at an exciting time for the practice group and for Appleby as a whole. Under Judiths leadership our highly regarded group has become one of the largest teams covering more offshore jurisdictions than any other firm. Im looking forward to the challenge of building on this platform.
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