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Announcements

Maples Fiduciary Extends Middle East Offering to Abu Dhabi Global Market

04 Oct 2018

Maples Fiduciary, a division of MaplesFS and a market leader in the provision of fiduciary, corporate formation and administration services to investment funds, partnerships, structured finance vehicles, corporate entities and private clients, has announced the extension of its Middle East offering to Abu Dhabi Global Market ("ADGM").

As a financial free zone, ADGM is an independent jurisdiction encompassing the entire Al Maryah Island with rules and regulations aligned with international best practices. In addition, ADGM's three independent authorities - Registration Authority, Financial Services Regulatory Authority and the ADGM Courts - provide a controlled environment that enables registered companies to conduct business and operate with confidence. The extension of our offering to ADGM further enhances our geographic footprint and ability to service clients doing business locally and in multiple jurisdictions. Licensed in the UAE and operating in the Dubai International Financial Centre ("DIFC") since 2008, Maples Fiduciary has established a reputation as a best in class service provider in the Middle East. The firm works closely with its affiliate Maples and Calder as well as other leading international and domestic law firms, audit firms and other consultants and service providers to gain a unique understanding of industry best practices. Leveraging this knowledge, Maples Fiduciary delivers consistent and quality service tailored to the individual needs of its clients.

The ability to offer ADGM solutions, which include the provision of directorships, company secretarial and board support, accounting, and incorporation and corporate services, further cements the firm's reputation as the premier corporate and fiduciary services provider in the region. Further supporting the Maples Fiduciary's expansion to ADGM is the appointment of Norbert Neijzen as Regional Head of Fiduciary, Middle East. He has extensive experience working with international clients in the corporate, private equity, banking and aviation segments across a wide range of financial products and holding and financing vehicles. Leveraging his deep knowledge of the complexities of these structured finance vehicles and transactions and commitment to delivering the highest quality of work and level of client service, Mr. Neijzen will be responsible for driving the firm's Middle East strategy both in the DIFC and ADGM. Previously, he held senior positions in the financial services industry both in the Middle East and Europe. He received a Master of Laws from the University of Amsterdam in the Netherlands.

"While the ADGM market is still relatively small, it is rapidly evolving and quickly gaining traction. We are happy to able to offer our services and support the growth of ADGM and are thrilled to welcome Norbert to our team," said Scott Somerville, Chief Executive Officer, MaplesFS. "We look forward to continuing to build our business in the Middle East and are confident that we can leverage our established reputation in the region to deliver best in class solutions."

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