HAMILTON, Bermuda, Jan. 25, 2016 /CNW/ - Northstar Financial Services (Bermuda) Limited is pleased to announce that Mark Rogers is due to play a more prominent role going forwards and the firm is to begin operations in the Middle East and Africa.
Mark joined Northstar as a Director in July 2015 but, in his new position as Vice Chairman, he will be more actively involved in the global activities of the company and will spearhead the Middle East and Africa initiative. Northstar is in the final stages of establishing its office for the Middle East and Africa in the DIFC and is set to make an announcement regarding the Key Representative to be based in the region imminently.
Northstar's Head of Distribution, Alejandro Moreno commented: "Having enjoyed such a successful relationship as colleagues at our previous firm, I am thrilled to be working so closely alongside Mark again. His vast experience and global network of relationships should prove to be invaluable as we continue to enhance our product range and expand into new territories. The Middle East and Africa in particular represent a significant opportunity for Northstar and I look forward to working with Mark in those regions."
Mark Rogers commented: "I couldn't resist the opportunity to play a more central role at Northstar. With a robust operating history stretching back 17 years, a compelling range of products and a highly experienced team, Northstar is perfectly positioned to support the growing demand for international investment products."
Established in 1998 as Nationwide Financial Services (Bermuda) Limited and renamed Northstar in 2005, the firm provides financial solutions to meet the needs of non-US clients and offers a range of attractive fixed-rate and variable investment plans to a global client base. The firm's fixed-rate products offer competitive guaranteed interest rates coupled with the option of added principal protection. Northstar's variable products offer investors access to a broad selection of funds from a range of leading asset managers, with unlimited free transfers between underlying investment options. All Northstar products provide clients with segregated account protection, generous liquidity terms and a variety of commitment periods, as well as the benefits of a Bermuda trust structure, which include financial security, privacy and enhanced wealth transfer flexibility. Working with an extensive range of distribution partners such as banks and other financial institutions, Northstar has clients in over 100 countries.
Northstar is regulated by the Bermuda Monetary Authority and is a Segregated Accounts Company.
Northstar specializes in investment products designed to help non-U.S. citizens achieve their financial goals. Northstar offers a range of both variable and fixed-rate investment plans within a Bermuda trust structure and the firm's products are sold globally via a network of banks, securities dealers and other financial intermediaries. Northstar products are not available to US persons or citizens or residents of Bermuda.
For further information: Northstar Financial Services (Bermuda) Ltd., Maxwell Roberts Building, 1 Church Street, Hamilton HM11, Bermuda; Phone: +1-441-296-1351, Fax: +1-441-296-1349, [email protected], http://www.northstarfinancialservices.bm