JTC Appoints Richard Hughes As New Group Head Of The Commercial Office

London Stock Exchange-listed service provider JTC has appointed Richard Hughes to the role of Group Head of the Commercial Office, based in Jersey.

In his role at JTC, Richard will lead a team focused on enhancing how the Group delivers its services to clients, the development of new propositions, JTC’s strategic partnerships and the commercial integration of acquisitions.

Richard will work closely with the heads of JTC’s two Divisions, as well as the Group Holdings Board, to positively impact the future growth trajectory of the business.

Richard joins with more than 20 years of financial services sector experience, having held roles within leading European banks, a global administration firm and most recently as CEO of the international arm of investment management business Brooks Macdonald. He has also held non-executive director positions in the real estate sector and is chairman of the Jersey committee of the charity, Cancer Research UK.

Chief Executive Officer at JTC Nigel Le Quesne, commented:

“2024 sees us move into the next phase of JTC’s growth with the launch of our multi-year Cosmos era business plan. This is the perfect time for Richard to join the Group, he and his team will play an instrumental role helping to deliver our ambitious plans, where we aim to double the size of the business by 2027.”

“I have known Richard for some time and his considerable expertise and experience provide the ideal background for this key strategic role and I am delighted welcome him to the team.”

Richard added:

“I am excited about the role and am looking forward to working as part of such a dynamic team with a clear growth trajectory, built on strong foundations and a unique culture of shared ownership for all JTC employees. My focus is on continuing to grow and evolve the role of the Commercial Office within the Group, supporting our two Divisions and responding to sophisticated demands of clients with the innovation and entrepreneurial flair that JTC is known for as a leading global professional services provider.”