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Stonehage Fleming appoints new CEO

News Team, 05/09/2019

Family office Stonehage Fleming has hired Chris Merry as its new group chief executive officer.

Mr Merry was previously CEO of fund administration and outsourcing firm Ipes and has already started his new role based in Stonehage’s London office.

He takes over from Giuseppe Ciucci, Stonehage Fleming Group CEO since 1997. Mr Ciucci will remain in a full-time executive capacity as managing partner, concentrating foremost on serving existing clients as well as building new client relationships.

He will also become deputy chairman of the board, where he will continue to contribute to the strategic direction of the firm.

As well as Mr Merry’s role at Ipes, he has also served as CEO of RSM Tenon, the UK accounting firm later acquired by Baker Tilly, and at Matrix Group, a privately held boutique financial services firm.

He was the finance director for Magic Circle law firm Clifford Chance, prior to which he was a partner at PwC, with experience in London, New York and Shanghai.

Mr Ciucci said in a statement: “It has given me great pride and pleasure to lead such a talented team in transforming our business into the leading European multi-family office.”

“We are delighted to have been able to appoint Chris as our new CEO. He will bring exceptional experience and vision to his new role at Stonehage Fleming. Importantly, he is widely known for his practical as well as his strategic skills, which are critical to a business like ours as we seek to expand upon our truly unique proposition and consolidate our leading position as advisers to wealthy international families.”

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