Matt Okolita, Global Head of Outsourced Business Services; Credit: IQ-EQ

IQ-EQ, a leading investor services group headquartered in Luxembourg, today announced the appointment of Matt Okolita as its Global Head of Outsourced Business Services.

In his new role, Matt Okolita will be based in the United States, where IQ-EQ employs more than 550 people across seven states.

Mr Okolita previously led Greyline Partners LLC, a regulatory, compliance and governance consultancy which was acquired by IQ-EQ in November 2021. With this new role, IQ-EQ will look to leverage his entrepreneurial flair and regulatory expertise to grow its outsourced business services offering. Mr Okolita will report directly to Mark Fordyce, Regional CEO for the Americas, and join the IQ-EQ US executive leadership team.

As Global Head of Outsourced Business Services, Matt Okolita will play an active role in an increasingly expanding area of IQ-EQ’s business. The impact of the COVID-19 pandemic on financial services has created significant further market demand for outsourced business solutions to fill critical personnel and resource gaps. 

Speaking about his new role, Matt Okolita said: "I am delighted to take on this new role at IQ-EQ. We are focused on expanding our outsourced business services offering to provide clients with best-in-class service where and when they need it. From providing finance and operations support to demystifying the regulatory landscape, I’m confident that together with our Outsourced Business Services team we will continue to lead this growing sector".

Mark Fordyce, Regional CEO for the Americas, added: "Matt’s background across technology, compliance and regulation, as well as his commercial expertise and leadership qualities, shows he truly understands where our clients need the most support, and knows exactly what we can do to better serve them. I am delighted to have Matt join our US executive leadership team and am confident that with his help IQ-EQ will long be recognised as the most complete service provider to the global community of alternative asset managers and employer of choice in this industry".