Frances Woo has been appointed the new group chairman at Appleby. She will succeed Peter Bubenzer, who will be retiring from the Appleby Group on 31 March.
Mr. Bubenzer spent 32 years at the offshore legal and fiduciary services provider. During his time as chairman, Appleby underwent a global expansion strategy.
Ms Woo joined Appleby in 1994, became a partner in 1997 and was appointed 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 O’Connell said: “I’m delighted to welcome Frances as the next chairman of our group. 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,” he said.
Ms Woo is based in Hong Kong and has more than 18 years experience working in greater China and other Asian markets.
“She is therefore extremely well placed to assist in the board’s continued delivery of our Asia strategy as well as overseeing the delivery of our overall global strategy,” Mr. O’Connell said.
Ms Woo said she will focus immediately Appleby’s global strategy and 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,” she said.
Appleby has also appointed a new global head of its corporate and commercial practice. Effective early in this year, Cameron Adderley will lead the corporate group and succeed Judith Collis, who has served as global practice head for seven years. Ms Collis will retire from Appleby on 31 March after 27 years with the group.
The appointment of Mr. Adderley comes after a series of recent promotions and appointments within Appleby’s corporate and commercial group, including two new funds partners, Ian Gobin and Deborah Poole.
Mr. Adderly will relinquish his position on Appleby’s 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 during the next few weeks and from then the GMC Board will comprise: Fraser Robertson, Stephen James, Nick Verardi, Sean Dowling, Timothy Faries, as well as Frances Woo and Group Managing Partner Michael O’Connell, who will serve as ex-officio members.