Investor services group IQ-EQ has appointed Fèmy Mouftaou to the role of Chief Commercial Director to spearhead its business development in Luxembourg.
The appointment comes as asset managers move to Luxembourg in light of continuing Brexit uncertainty. In this context, the funds industry in the region has evolved in response to the new paradigm and demand for a new client service proposition has increased. As such, Fèmy Mouftaou will be responsible for driving forward the group's commercial strategy to match the changing needs of IQ-EQ's client base.
Commenting on his appointment, Fèmy Mouftaou said: "It is a very exciting time to be joining IQ-EQ as the firm benefits from a breadth of opportunities following its recent global expansion and rebrand. As client demand in Luxembourg increasingly moves towards front office activities, IQ-EQ is extremely well placed to provide a level of client service that will bridge a growing gap in this region. I look forward to implementing this at a local level and elsewhere across the globe to ensure continued growth".
Fèmy Mouftaou has over 20 years of experience in the financial services industry, including senior operations roles with an international fund administration firm, where he successfully launched and led the Luxembourg branch, and PwC. He joined IQ-EQ from a publicly listed fund, corporate and private wealth service provider, where he held the dual title of Managing Director and Conducting Officer. Beyond Luxembourg, Fèmy Mouftaou has significant international experience having worked in Dubai, Bahrain and across West, Central and Southern Africa. He holds a bachelor's degree in commercial engineering, a master's in finance and is a chartered accountant.
