Law firm Appleby has revealed the appointment of an unprecedented 17 promotions, including six partners and 11 lawyers to the position of counsel.
The promotion comes at a time of renewed strategy for Appleby, which has recently announced the private equity-backed management buyout (MBO) of its fiduciary services business.
The individuals are spread across Appleby’s offices in Bermuda, Cayman, Guernsey, Hong Kong, Isle of Man, Jersey and the Seychelles and include.
In Cayman, Caroline Barton and Anna-Lise Wisdom (subject to approval) have been promoted to partner within Appleby’s corporate division. Additionally, Samuel Banks has been appointed as counsel in the Cayman corporate division.
Michael O’Connell, Appleby group managing partner, said: “These appointments are a direct signal of our growth ambition as we enter into this new phase of our strategy. We are also directly recognising the significant talent and hard work shown by these senior lawyers from across our global network.”
“The strategic rationale for the MBO of our fiduciary business was to enable each business to remain competitive. For the law firm it is facilitating further investment in our ‘client-first’ strategy, delivering more innovation and step-changes to our ability to advise and service clients in the global, 24/7 business environment.”
“Together this cohort of talent will be an integral part of these plans. They will help add renewed drive to our business across all jurisdictions to deliver real momentum to our growth strategy and enable us to continue to gain market share. I would like to congratulate them all on being promoted this year.”
Appleby, Michael O'Connell, Cayman