Calastone, the global funds transaction network, today announces the appointment of Stephen Mohan as Chief Operating Officer.
Mohan will assume responsibility for managing the UK and European business as well as leading global operational functions including product development and service delivery.
Mohan brings with him extensive management experience of the mutual funds sector, and joins from DST (formerly IFDS), where he was most recently Executive Director of Transformation and Innovation.
Mohan’s wealth of industry expertise has seen him lead large scale operations at the top of the mutual funds industry for more than a decade. He has held executive positions for several leading global financial firms including Bank of New York, M&G and Cofunds.
Julien Hammerson, Chief Executive of Calastone, comments “I am delighted to announce the appointment of Stephen as Chief Operating Officer. With over 20 years’ experience in the market, Stephen has a proven track record in delivering significant growth at speed and scale for successful financial services businesses, specifically within the mutual funds sector and I look forward to working with him as we continue to extend our reach across major global financial markets.”
Commenting on his appointment, Stephen Mohan said: “I’ve long admired the journey Calastone has been on in transforming the mutual funds market by bringing benefit to many of the world’s leading financial services organisations and their clients. Calastone’s growth from a UK domestic business, to a business that now connects over 1,200 clients across 34 countries and territories worldwide is extremely impressive. I have great respect for the company’s depth of expertise, pedigree of client base and the entrepreneurial culture. The business sits firmly in the exciting, fast evolving financial technology sector and is leading the market by some margin in its scale and ambition. I am really looking forward to working with Julien and the Calastone team to further drive the company forward in the UK and across Europe.”