Apex Group, the global financial services provider, has appointed Ross Webber as managing director in Bermuda to lead the business on the island.
Apex was established in 2003 and had its first office in Bermuda, and has since grown to 45 offices, with $730 billion in assets under administration.
Webber, a Bermudian, is the former chief executive of the Bermuda Business Development Agency (BDA) where he spent five years on the board. He was most recently principal of management consultancy BDSbermuda and a director of wealth management firm Peregrine & Black.
He brings over 25 years of experience in financial and professional services including a decade as global head of marketing and business development for Conyers Dill & Pearman. He also held marketing and excess liability insurance underwriting roles with ACE (now Chubb) and Starr Excess (now AIG).
In his new role he reports to Georges Archibald, head of Apex Americas, and works alongside Graham MacDonald, director of operations for Bermuda.
Peter Hughes, founder and chief executive officer of Apex Group, hailed Webber’s “unparalleled network and deep local expertise.”
He added: “The innovative legislative and regulatory developments implemented in Bermuda over recent years have created a highly responsive capital market for investors and [Webber] will play an invaluable role in pursuing this growth opportunity.”
Webber described Apex as “one of the world’s largest independent providers of fund administration, financial services and corporate solutions.”
Ross Webber, Apex Group, Peter Hughes