Lawyer Steven Rees Davies is to join the corporate practice of Carey Olsen Bermuda as a partner.

Mr Rees Davies joins Carey Olsen after 13 years in the Bermuda office of Appleby, where he is currently the joint global head of technology and innovation.

The firm said he is a specialist in the fintech and digital assets sector.

In addition, Carey Olsen said Mr Rees Davies’ practice covers the areas of corporate finance, capital markets, regulation and intellectual property, having represented clients in a wide variety of cross jurisdictional corporate transactions and restructurings as well as public offerings, private placements and listings on the Bermuda, London and New York stock exchanges.

He also frequently advises on multinational joint ventures, M&A – with a focus on infrastructure, telecoms and energy – and private equity projects, the firm said.

Michael Hanson, managing partner of Carey Olsen Bermuda Ltd, said: "Steven enjoys a fantastic reputation both in the jurisdiction and internationally and we are delighted he will be joining us.

"Alongside Mary Ward and Gavin Woods, Steven will lead a corporate team that continues to go from strength to strength, and his fintech and digital assets expertise will unquestionably broaden the range of services and insight we can offer to our existing clients in these fast-moving sectors.

“Client demand continues to be extraordinary and more announcements are on the way as that growth continues to accelerate."

The firm said Mr Rees Davies is ranked as a leading individual, corporate and commercial, in the 2021 edition of The Legal 500 Caribbean, while he is praised in the latest edition of Chambers Global for always going “above and beyond to ensure all of our dealings resulted in a high degree of success”.

He will begin his new position in August after fulfilling contractual obligations at his current firm, Carey Olsen said.