CAPE TOWN Friday, 09 March— Carrick Wealth today announced the appointment of Marc Fancy to the post of Sales Director: Mauritius. Fancy has held numerous senior positions in the high net-worth (HNW) private client and corporate space across three continents over the last 20 years.
Carrick Chief Executive Officer Craig Featherby said that Fancy brought considerable experience to the company, having worked with some of the world’s largest financial institutions, fund managers, and trust companies.
“Marc has also opened and ran offices in numerous regulated and licenced jurisdictions, and has been directly involved in the recruitment and development of many financial professionals, globally,” said Featherby. “He has proven his ability in fulfilling corporate objectives regarding adherence to and the management of regulatory and compliance driven requirements in all these markets, and is a valuable addition to our company. We are excited for the future of the Mauritius business”
Carrick Director Greg Stockton, responsible for the growth of International business, said he welcomed the appointment. “I have known and worked with Marc on many occasions over the last 15 years and am truly delighted to have him join the Carrick family,” he said.
“He has a vast knowledge of the kinds of advice that will benefit clients not only based in Mauritius but also on a global scale. With Marc at the helm of our Mauritius operation, I know the future of the business and the success of all our clients are in excellent hands.”
Fancy said he was looking forward to the challenge. “I will be working with some of the very best minds in this business,” he said. “It is very exciting to be part of what is clearly a fast growing company, and one that is determined to place the clients’ needs at the forefront of its strategy, from both an advice and regulatory perspective.”
Mauritius is a recognised international financial centre, and its Financial Services Commission (FSC), created in 2001, is one of the most reliable and stringent regulatory bodies globally. In addition, the Financial Services Act (2007) simplified the regulatory regime and consolidated the legislative framework of the global business sector.
“These factors provide major offshore advantages for our HNW clients, as well as the appropriate and rigorous investor protection that they expect from Carrick,” he added.
He also pointed out that Carrick is one of only two companies in the last 18 years to simultaneously be granted three business licenses by the FSC, namely, a Global Business License, an Unrestricted Investment Adviser License, and an Insurance Brokerage License.
“We are open and very much ready for business,” he said.