Equiom, a trust and corporate services provider, has named Richard Sayers as the managing director for Equiom Fiduciary Services in Singapore.

Sayers will replace Angelo Venardos, who will assume the role of chairman of the board.

Sayers will manage the overall performance of the business and ensure that its activity aligns with the strategy of the group.

Prior to joining Equiom, Sayers worked at Enhance Group, which he co-founded in 2005.

Equiom global CEO Sheila Dean said: “Richard’s in-depth experience will prove integral to our business and he will make a valuable contribution to our team. As a well-known figure in the Asian financial services sector, Richard has developed an extensive network that will help drive business development in the region.”