Azure Trust becomes ZEDRA
01 June 2016
Azure Trust Jersey has now become ZEDRA, following its acquisition in April 2016.
Building an expanded presence in Jersey represents the latest phase in ZEDRA’s plan for international growth, which has already seen a new office open in Hong Kong and client teams throughout the world strengthened to enable the Group to offer a broader range of services to clients and the advisory community.
ZEDRA has a strong heritage in Jersey, and bringing together ZEDRA and Azure’s teams not only strengthens the Group’s fund administration capabilities, but it also serves its broader ambition to build a wider range of corporate and fund client services.
Alan Tidy has been appointed Executive Director, Corporate Solutions for ZEDRA. Ashley Cox will continue to lead the Group’s Jersey operations. Ashley Cox, Managing Director for ZEDRA, Jersey said: “Bringing our new colleagues into ZEDRA represents a milestone for the Jersey business and provides further strength and depth to our corporate and fund management services. This expanded business will enable us to accelerate our growth plans in Jersey and will provide clients with access to an even greater breadth and range of services, both in Jersey and elsewhere within the Group. We are very much looking forward to growing our team still further as we deliver our growth objectives.”
Alan Tidy, Executive Director, ZEDRA, added: “ZEDRA and Azure Trust Jersey’s strategies for growth were aligned and so is our combined team’s dedication to delivering outstanding client service. The opportunities that lie ahead of us are both exciting and numerous and I am confident that this combined group will continue to deliver outstanding service for our clients.” Azure Trust Jersey’s client relationships will continue to be managed without interruption and services delivered seamlessly. Today, ZEDRA employs more than 300 people in nine jurisdictions and the Group has embarked on an ambitious growth drive, where services can be expanded further in a range of new markets and jurisdictions.