Abacus Trust Group Announce Two Senior Promotions

Abacus Trust Group – leading corporate, fiduciary and fund services Group are delighted to announce two promotions, as part of its ongoing strategy to deepen its client services capabilities and its people resources plan for the long-term strength of the Group.

Kevin Loundes appointed as Managing Director

Kevin Loundes has been promoted to Managing Director with overall responsibility for the Isle of Man office.

Kevin is a Chartered Accountant and Chartered Tax Advisor and holds over 20 years’ experience of working closely with international families and their advisors. Kevin has extensive experience of working with international clients in relation to their wealth structuring and succession planning.

Commenting on his new appointment, Kevin said “I am delighted to take on the position of Managing Director.

Working in the services industry our strongest assets are our people and at Abacus we have an extremely talented team providing the company a fantastic platform.

I am looking forward to playing a pivotal role in harnessing this talent and building new business connections to continue the company’s growth.”

Samantha Eves appointed as Director

Sam Eves has also been promoted from Associate Director to the position of Director for Abacus Trust Company Limited.

Sam will lead both the Client Services and Client Accounting Teams for the business and is responsible for the delivery of our bespoke financial services to an international client base, including the formation, administration and ongoing management and advice for a portfolio of trusts and companies.

As a Charted Accountant with over 16 years in the Financial Services Industry, Sam has worked with clients across the globe to structure and manage their wealth, with significant experience in UK commercial, residential and agricultural property, private company shares and international investment portfolios.

Commenting on her appointment, Sam Eves said “I am thrilled to have been given this opportunity at such an exciting time for Abacus Trust Group, I look forward to playing a key part in the decisions that will shape the future of the company, while working with my fellow Board members to grow and develop the business here in the Isle of Man and with our international colleagues.”

Andrew Faulkes – Group CEO comment

Andrew Faulkes – Abacus Trust Group CEO commented “These senior appointments underscore our plans to further develop our existing Group Services and grow our business, as well as solidifying our commitment to the development of our whole team.

Kevin and Sam have between them a wealth of experience and knowledge in the industry, having already worked for Abacus for many years and we are certain that they will continue to be invaluable members of the team in their new leadership roles and contribute strongly to the achievement of our strategic objectives going forward.

The Wealth Management industry is evolving and to stay competitive we must evolve too.  These new appointments reflect the emerging talent we have here at Abacus and we are excited by the energy and enthusiasm that Kevin and Sam will bring to enhancing the service delivery for our clients and to taking forward the business of the Group as a whole.”

To find out more about Abacus Trust Group and its range of corporate, fiduciary and fund services, visit the website at www.abacustrustgroup.com