SGG Group announces two senior Board appointments
Global investor services provider SGG Group has appointed Serge Krancenblum to the new position of Group Executive Chairman and chair of the Group’s Supervisory Board and Mark Pesco as its new Group Chief Executive Officer (CEO). Both appointments are subject to regulatory approval.
Under Serge Krancenblum’s leadership SGG Group has become the 4th largest independent investor services firm in the world with the required scale and industry expertise across all segments.
As Group Executive Chairman, Krancenblum will chair the Supervisory Board of the Group and act as an adviser and a trusted mentor to Mark, sharing experience, know-how and network. His focus will be on leading the M&A strategy and driving the group corporate social responsibility agenda. Serge will continue representing SGG at the highest level within the industry, with the authorities and key clients and prospects.
As Group CEO Mark Pesco is responsible for setting the strategic direction of the business and the day to day management of the business. A highly experienced and industry recognised figure Pesco joined SGG Group as Group Segment Leader, Private Clients following the successful acquisition of First Names Group in 2018 where he previously held the role of CEO.
Serge Krancenblum, Group Executive Chairman said:
“I am really pleased to have found in Mark the ideal candidate to succeed me as Group CEO. Being able to select someone of his calibre from within our own ranks evidences the incredible pool of experienced and talented people we have within our business. Mark is long recognised for his industry expertise, his unwavering passion for delivering superior client service and his highly personable leadership style. Knowing that the Group is in such capable hands leaves me free to take up my own new position as Group Executive Chairman with my full energy and commitment. I believe that together we make an extremely strong team.”