Butterfield Group makes senior appointment in Singapore

Date: 01 Feb 2021

Citywealth

Butterfield Group has hired Mark Farrell as Head of Trust at Butterfield Trust (Asia) Limited in Singapore as it continues to focus on developing its business in Asia and enhancing services to meet the needs of high-net-worth families, internationally.

Mr. Farrell has been working in the private client industry for over 30 years, specialising in wealth planning and trust administration. He has extensive experience dealing with multi-jurisdictional families and advising on complex structuring for a wide variety of asset classes. During his career, he has worked for banks and law firms in the UK and Switzerland, as well as prominent trust companies in Singapore, where he held senior management positions and acted as a key contact for significant client relationships. Mr. Farrell will lead the Butterfield team responsible for the provision of trust and fiduciary services to high-net-worth families in the region.

Jane Pearce, Group Head of Trust said: “With his many years of professional experience in trust and fiduciary services in Asia, and with his experience with complex structures, Mark’s appointment will enhance our ability to connect with and serve international high net worth families and their advisers in the region. Since its inception in 2018, Butterfield Trust (Asia) Limited has grown and now has a team of 20 employees. Mark’s appointment reflects our commitment to the growth of our core Trust business in Asia, and the value we place on service and experience.”