UK/NETHERLANDS – Dutch custodian bank, Kas-Associatie, has brought on board Ben Kajtazi from Brown Brothers Harriman as the group’s first relationship manager for its recently launched UK operations.
Kajtazi, who will be responsible for managing Kas’ UK institutional client base, formerly held the responsibility for Brown Brothers’ global financial institutions in the UK and Northern Europe.
He joins the new UK team of Ian Ratoff, head of relationship management, institutional investors UK and Amsterdam based Ben Kramer, head of acquisition and sales with responsibility for the Benelux markets at Kas, who will roll out the group’s custody product in the UK.
The firm, which is not setting any minimum acceptance level for institutional business, says it is pursuing custody business up to £1bn in value and is currently involved in five potential UK mandate opportunities.
Kas has also announced that is reviewing the name of its operations in the UK and elsewhere in Europe and will have a new moniker in place by the third quarter this year.
Lauren Vis, managing director, institutional banking, comments: “We are very pleased Ben is joining Ian Ratoff and Ben Kramer to roll out our custody platform in the UK. Ben has many years of experience in the custody market in the UK and Northern Europe. The roll-out in the UK is particularly exciting and we believe we have a team in place to satisfy the demand in the market for our niche product offering.”