As part of Apex Group, EDB is one of the largest providers of depositary services in Europe for regulated UCITS and alternative funds. In this newly created role, Mr. Barth will continue to manage and oversee the depositary bank function for €178.3bn Assets under Depositary and €24.6 Assets under Custody (as of March 31, 2023) across regulated jurisdictions including Luxembourg, Ireland, UK, and Malta.

Mr. Barth brings extensive experience having worked for over three decades in the international financial services industry and in jurisdictions including Luxembourg, Germany and Ireland. Prior to joining EDB in 2021 as Managing Director and Member of the Executive Management Board, Mr. Barth was Head of Investor Services at SEB, managing the depositary bank function and held senior roles at Crédit Suisse (Luxembourg) S.A., latterly as Director, Head of Depositary Bank.

This latest news follows the appointments of David Claus as CEO of EDB, and of Cecilia Gejke, Robert Steele and Jean-François Thils as Members of the Executive Management Board, and Gilda B. Neiman as a Member of the Board of Directors. Recently announced client wins for EDB include Arab Bank for digital bank accounts, and GenTwo and Mikro Capital for paying agent services.

Holger Barth, Global Head of Banking Depositary, Executive Management Board Member comments: “Since joining EDB in 2021, I have been impressed by the work of our highly skilled teams, who provide full depositary and depo-lite services to a wide range of clients under the UCITS and AIFM directives. I look forward to leading our Depositary business as we continue to act as an expert support function, delivering exceptional service and robust solutions that run seamlessly alongside our clients’ fund administration requirements.”