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FNZ appoints Heukshorst as head of Client Management and Business Development. 28 August 2026 UK Reporter: Zarah Choudhary FNZ, an end-to-end global wealth management platform, has appointed Maarten Heukshorst as head of Client Management and Business Development, UK. Heukshorst brings more than 25 years of senior commercial and executive leadership experience across financial services. He has held senior roles including chief commercial officer at Centralis Group, CEO at Custodiex, and chief commercial officer for BNY Mellon Pershing EMEA, with experience in commercial strategy, client relationships, and business growth. In his role, Heukshorst will work closely with clients and colleagues across the UK business to deliver the highest standards of client service and help support the next phase of growth and development. Heukshorst will report to Andy Brodie, group head of FNZ UK. Commenting on the appointment, Brodie says: "We are delighted to welcome Maarten to FNZ, who brings a strong track record in client leadership and commercial strategy. He will be a valuable member of our UK leadership team as we remain focused on delivering consistently for clients, supporting their growth, and building on the momentum across the business." Heukshorst adds: "FNZ has a leading position in the market and a very strong client base, supporting more than £1 trillion of assets on platform in the UK. My priority will be to work closely with our clients and colleagues to support delivery, strengthen our partnerships, and drive successful outcomes." Next people moves article NO FEE, NO RISK 100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times

FNZ has appointed Stephen Welch as group chair. Welch will work with the board and senior management on strategy, transformation and long-term growth plans at the wealth management technology firm. Gregor Stewart, who has served as group chair since 2024, will remain on the board as chair of the risk committee and become senior independent director. FNZ Group CEO Blythe Masters said Welch brings significant experience working with boards and leadership teams of regulated, global financial services businesses. His track record in driving transformation and operational excellence will be valuable as FNZ executes its strategy. Separately this month, Advent and an investor group including HarbourVest Partners agreed to buy FNZ Bank from FNZ.

FNZ agrees sale of FNZ Bank to Advent. FNZ, the leading global wealth management platform, today announced that it has entered into an agreement to sell FNZ Bank to Advent, and a consortium including HarbourVest Partners ("HarbourVest"). Completion of the transaction is expected to occur in the second half of 2027, subject to customary regulatory and other approvals. The divestment is consistent with FNZ's strategy of focusing on its core wealth management technology business and serving large financial institutions at scale. The transaction supports FNZ's long-term growth ambitions by reinforcing its positioning as a technology platform provider for wealth businesses globally, including in Germany where FNZ Bank remains a key client. Following completion of the transaction, FNZ and FNZ Bank intend to continue their long-standing partnership, leveraging FNZ's technology capabilities to support the bank's continued growth and client offering. FNZ will continue to partner with wealth management institutions across continental Europe, including Germany, Switzerland and the Nordics, as they modernise their technology platforms. Blythe Masters, Group CEO of FNZ, said: Barclays Bank PLC, acting through its Investment Bank, acted as Sole Financial Advisor to FNZ. FNZ was advised by A&O Shearman as its Legal Advisor.