Following successful expansion into the U.S., Alter Domus CEO Laurent Vanderweyen steps down

10 Dec

Following successful expansion into the U.S., Alter Domus CEO Laurent Vanderweyen steps down

Alter Domus, a fully integrated Fund and Corporate services provider, today announces that Chief Executive Officer Laurent Vanderweyen has left the business to pursue other opportunities.

Luxembourg 10 December, 2018 – Alter Domus, a fully integrated Fund and Corporate services provider, today announces that Chief Executive Officer Laurent Vanderweyen has left the business to pursue other opportunities. Aidan Connolly, Chief Financial Officer, has assumed the role of interim Chief Executive Officer of the Alter Domus Group from December 5, 2018, until a permanent successor is appointed. Laurent will assist in an orderly transition of his responsibilities over the coming months. 

Laurent Vanderweyen joined Alter Domus in January 2012, and was named as Chief Executive Officer of the Group in June 2013. During his years as CEO, Alter Domus has grown from some 600 staff to more than 2,000 today, across 40 locations around the world managing more than half a trillion dollars of client assets. He oversaw many important developments, in particular the acquisition of Cortland Capital Market Services, which accelerates Alter Domus's growth strategy in the US market and consolidates its position as one of the leading global financial service providers.  

Dominique Robyns, Chairman of the Alter Domus Supervisory Board of Directors, said: “Laurent has worked tirelessly to transform Alter Domus from a family business into the leading international financial services provider it is today. Alter Domus has been achieving over 25% of revenue growth in recent years whilst building out a market-leading, integrated global service offering to better serve our clients. I want to offer my sincere thanks to Laurent for the success he has helped bring to the group, and on behalf of the Supervisory Board, Group Executive Board and the staff of Alter Domus, I would like to wish him all the very best for the future. The Supervisory Board and I look forward to working with Aidan, who brings significant experience in leading world-class businesses, including as CFO of Worldpay, the world’s fifth largest payments processor, and whose many years of senior leadership will be key as Alter Domus pursues its global growth strategy." 

Press Contact
Stuart Metzler, Corporate Communication & Press Relations Manager
+352 48 18 28 3340

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