Allfunds Bank has hired Simon Shapland to head its office for UK and Ireland. The company is Europe’s largest mutual fund platform with over €200 billion (£142Bn) under administration and has recently recognised by asset managers for having the best potential to support their distribution strategies.
Simon Shapland was until recently, the Managing Director for the UK & Middle East of RBC Investor and Treasury Services. He has significant experience in international sales as well as general management and strategy expertise and he has a demonstrable record of accomplishment of delivering revenue growth across a diverse and complex client base spanning multiple geographic locations. He has board level experience gained from membership of senior executive committees.
After a decade at RBC and RBC Dexia Investor Services, where he undertook a number of senior roles, Shapland took responsibility for the company’s UK branch overseeing some 350 staff and managing strategic relationship management in the day-to-day account management function.
At Allfunds Bank, Simon Shapland will report to Gianluca Renzini, Allfunds bank’s Deputy General Manager and he will lead the London office that today administers over £15 billion of assets. This announcement ratifies the consolidation of the UK operation, which is becoming a key business engine of the platform’s great performance.
Gianluca Renzini, Allfunds Bank’s Deputy General Manager, said:“Simon Shapland has significant experience in funds administration and is very well-placed to take forward our UK business to the next stage. We continue to believe our UK and Irish business will be one of the main drivers of growth of Allfunds Bank over the coming decade”.