Global investor services group IQ-EQ has promoted Guernsey-based Alasdair McLaren to the newly created position of Regional Head of Private Wealth for the UK, Ireland and Crown Dependencies.
The firm writes that McLaren is a well-known and respected member of the Guernsey fiduciary community, having served as chair of the Society of Trust & Estate Practitioners (STEP)’s Guernsey branch, a member of the global STEP Council and a committee member of the Guernsey Association of Trustees. He has also sat on advisory committees for both the Guernsey Financial Services Commission (GFSC) and Guernsey Finance and continues to work closely with the latter to help promote the island as a leading international financial centre.
The firm writes that throughout his 30+ years in the industry, Alasdair has developed deep expertise in serving ultra-high-net-worth families with complex wealth structuring requirements. He has worked in the UK and Caribbean as well as Guernsey, and also holds chartered status with the Institute of Chartered Accountants of Scotland (ICAS) and the Chartered Institute for Securities & Investment (CISI).
Previously IQ-EQ’s Head of Private Wealth for Guernsey, Alasdair has been with the business since 2014. He was promoted from client services director to segment head in 2019.
The Regional Head of Private Wealth role comes as one of a number of new regional leadership positions being created across IQ-EQ as the group seeks to strengthen each of its key clusters and ensure the right people are in place to own and drive regional strategy.
John Legrand, Regional CEO of the UK, Ireland and Crown Dependencies, says: “IQ-EQ’s operations in the UK, Ireland, Jersey, Guernsey and Isle of Man collectively form our largest private wealth servicing cluster – by revenue, employees and clients. It is vital that we have a single person overseeing and leading the segment at a regional level to ensure consistency, collaboration and continued growth. Alasdair stood out as the clear choice for this important remit.”