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11/01/18

Zedra – celebrating a year of outstanding achievement

Zedra Staff.

Zedra Staff.

It’s a year since fiduciary services business, Zedra, lit up the atrium at St George’s Court, Douglas in celebration of the company’s move to its new base within the impressive Douglas complex. Twelve months on the mood of optimism is as strong as ever after another hugely successful year. 

The story of ZEDRA’s emergence as a powerful player in the global market began two years ago when the company acquired the Barclays Trust Business on the Island. Within a year the move to St George’s Court had been completed, signalling a period of accelerated growth and expansion.

Today the Zedra team in the Isle of Man totals 95- that’s 25 up in just twenty months. Zedra has also expanded from 6 to 14 jurisdictions during the same period, now employing over 500 globally – supported by the offer of an ever-expanding menu of products and services to its growing client base.

For Managing Director, Alan Patrick, a key ingredient in the company’s success to date has been its ability to nurture a happy and supportive working environment: “The team has grown significantly, we are a hardworking team, and a happy team. ZEDRA can now consider itself to be among the leading fiduciary service providers in the world, and one of the leading players in the Isle of Man. Senior team members that have recently joined us include Andrew Wilson – Head of Marine and Aviation, Antony Bell-Scott, Head of Finance and Joanna Bodell, Director.”

Under private ownership, ZEDRA has the flexibility, boldness and expertise to respond to the complex needs of clients, whilst maintaining the highest standards of corporate governance in an ever-evolving regulatory environment.

Alan Patrick added: “In the Isle of Man we are located within a jurisdiction that has proven itself fit for stable growth. We are focusing on helping our clients to ‘do more’, and also on promoting delivery of a ‘hub’ of front and back office support services to group offices in higher cost locations. We see a successful and happy future ahead.”

ZEDRA delivers bespoke solutions to a diverse client-base including high-net worth individuals and their families, international corporations, institutional investors and entrepreneurs.  The company enters 2018 with a clear focus on delivering excellence in all areas and ambitious plans for further growth and expansion.