Stonehage Fleming has announced the appointment of Cora Binchy as Head of Fiduciary.
Cora (pictured) joined Stonehage Fleming in 1987. She has extensive experience of working with international high net worth families providing trustee and executor services. Cora started her career in Switzerland establishing the Group’s fiduciary team and trustee services. She then moved to the Group’s Jersey office to head-up the fiduciary team and was instrumental in building out their fiduciary capabilities.
As Head of Fiduciary, Cora will oversee the fiduciary businesses in Jersey, Guernsey, Isle of Man, Switzerland, Monaco, Malta and Mauritius. She will work closely with key stakeholders in each jurisdiction to ensure that services are aligned to the highest standards of fiduciary risk management.
Cora will continue to be based in Jersey. She will report to Mark McMullen, CEO – Family Office and the appointment is effective immediately.
Mark McMullen, CEO – Family Office, commented: “We are delighted to announce that Cora Binchy will take on the position as Head of Fiduciary. The fiduciary business lies at the heart of Stonehage Fleming, and in the majority of client cases, we act in a fiduciary capacity in different parts of the world.
“Cora’s leadership in trust and fiduciary services across Jersey has made her a leading figure within the community and as we have increased the number of jurisdictions within which the Group now operates, this attribute will help to ensure that we focus on offering best in class fiduciary services to the world’s leading families and wealth creators. We wish Cora well in her new role.”
Cora Binchy added: “At Stonehage Fleming, our independence differentiates us, and most importantly, it allows us to align our interests with those of the families we serve. The Group has seen significant growth through adding new services in response to client needs across several geographies. I am excited to lead on this in my new role and continuing my career at the Group.”
