FIRST NAMES GROUP APPOINTS CHIEF FINANCIAL OFFICER

First Names Group is pleased to announce the appointment of Eric Fady as Chief Financial Officer (CFO). This strategic hire marks a significant milestone for the international trust, fund and corporate services provider, adding to its senior leadership roster and building further expertise as the business moves into its next phase of growth. The appointment is effective immediately.

Reporting directly to the CEO, Cengiz Somay, Eric will assume overall responsibility for delivering on the Group’s financial support needs in order to help achieve its vision for continued growth. Working closely with the board, management team, finance team (led by Andy Ruddy) and our private equity partner, AnaCap Financial Partners LLP, Eric will oversee corporate finance, accounting, investor relations and capital and financing strategies for the Group.

Eric has over 20 years’ international and corporate finance experience working for public and private equity backed companies, mainly in phases of growth, change, acquisitions and refinancing. After graduating from NEOMA Business School in his native France, Eric began his career as an accountant with KPMG in Lyon. His career progressed quickly and in 1997 he moved to the UK to take on the role of European CFO and Vice President for strategy implementation at Dun & Bradstreet, a US listed company. Before joining First Names Group, Eric was Group CFO of Hyperion Insurance Group, headquartered in London.

Speaking about his appointment, Eric commented:

“I am very excited to be joining First Names Group at this pivotal stage as the business embarks upon its next phase of growth. Opportunities to work in such dynamic and forward-thinking organisations do not come around very often and I am delighted to be joining at such an exciting time. I am keen to dedicate myself to driving the further development of its global presence, helping ensure maximum success and stakeholder satisfaction in the process.”

Chief Executive Officer of First Names Group, Cengiz Somay, said:

“It is a great pleasure to welcome Eric to First Names Group. I am confident he will bring a great deal to the business and lead our Group Finance function expertly; his extensive experience and CFO credentials make him the ideal choice to support the team and bolster their significant internal financial expertise as our growth strategy continues. We are lucky to have such a knowledgeable professional on board and I know the whole team very much looks forward to working with him.”