Holger Barth will manage and oversee the depositary bank function for €178.3bn assets under depositary and €24.6bn assets under custody across jurisdictions including Luxembourg, Ireland, Malta and the UK, said a press release published by European Depositary Bank on 10 May.

“Since joining EDB in 2021, I have been impressed by the work of our highly skilled teams, who provide full depositary and depo-lite services to a wide range of clients under the Ucits and AIFM directives,” said Barth. “I look forward to leading our depositary business as we continue to act as an expert support function, delivering exceptional service and robust solutions that run seamlessly alongside our clients’ fund administration requirements.”

Barth previously worked as head of investor services at SEB and as director, head of depositary bank of Credit Suisse in Luxembourg.

Located in Schuttrange, European Depositary Bank is a Luxembourg-headquartered provider of banking, depositary and custody solutions. Barth’s appointment follows EDB’s announcement in January that .