Cora Binchy has been appointed head of fiduciary at Stonehage Fleming, one of the global multi-family offices.
In 1987, Binchy became a member of Stonehage Fleming.
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With her vast experience, she has served as an executor and trustee for numerous worldwide high net worth families.
Binchy began her career in Switzerland, developing the group’s fiduciary team and trustee services.
The fiduciary team was led by her when they relocated to the group’s Jersey office, and she played a key role in enhancing its fiduciary capabilities.
The fiduciary businesses in Jersey, Guernsey, Isle of Man, Switzerland, Monaco, Malta, and Mauritius will be supervised by Binchy in her role as head of fiduciary.
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By GlobalDataTo make sure that services adhere to the ideals of fiduciary risk management, she will closely collaborate with important stakeholders in each jurisdiction.
Moreover, Binchy will continue to be headquartered in Jersey. Her position is effective immediately, and she will report to Mark McMullen, CEO of the Family Office.
McMullan stated: “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.”
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.”
