ILA Conducting Officer Forum with special guest Marco Zwick
Co-founder ONE group solutions, the industry leading fund governance provider in Luxembourg. ONE group is made up of four business lines providing solutions in: Fund Management, Compliance and Regulatory Consulting, Corporate & Governance Services, Next Generation Technology. Prior to this, he was group CEO of FundRock, (formerly RBS Luxembourg). At the helm he successfully navigated through the RBS “exit from Luxembourg”, steering the company clear of collapse, going on to grow the rebranded FundRock five fold in three years. Prior to FundRock, as deputy MD and head of business strategy, he led Northern Trust Fund Services in Luxembourg (including ManCo), with growth of 80% in three years during his tenure.
His success in Luxembourg is attributed to building a strong network, and a reputation as a loyal, trusted and results oriented industry partner. Prior to moving to Luxembourg, Revel was Global Head of Derivative Product and Investment Operations Outsourcing (IOO) for Northern Trust in London, and contributed to their success of Global Fund Services business expansion.
Revel is not the stereotypical CEO, having come from a working class mining family, recognised for leadership in the military and worked his way through operations, risk management, product and business strategy into two CEO roles. He appreciates the value of looking after hard working peoples savings and sees the greater purpose in what we do in the funds industry, quoted as saying: “ I love what we do, with the right team we can have a real positive impact on peoples savings, by build quality solutions for our clients investors that add real value and keep their retirement plans safe.” He is an experienced and energised leader with 30 years of leadership experience, passionate about high quality customer solutions by inspiring a sense of pride and collective ownership in the teams he led.
Marco Zwick has been appointed as Director of the Luxembourg supervisory authority, the Commission de Surveillance du Secteur Financier (CSSF), on 1 September 2018. He is predominantly in charge of the regulation and supervision of the investment fund industry and of the specialised professionals of the financial sector.
Marco has held various functions in the financial sector since 1989, including being the Head of Compliance of Deutsche Börse Group and Head of Compliance and Risk, EMEA, for Schroders prior to joining RBC Investor Services Bank in May 2015, where he was a member of the executive committee and headed the Compliance functions in Europe and Asia, as well as AML for I&TS globally. He has been chairing the AML Working Group of ALFI until his appointment as Director of the CSSF. Marco was the President of the Luxembourg Association of Risk Management (ALRiM) from 2010 to 2016 and a member of the Board of the Economist Club in Luxembourg until 2011.
Steven has over 15 years of experience in the alternative investment fund industry, and is currently acting as conducting officer of Engelwood Asset Management in charge of legal & compliance. He is a member of several ALCO & ALFI working groups in the field of alternative investments and has published several articles for the ALCO Bulletin, for which he also acts as an editor. He is also an independent ILA certified director since 2016. He holds a Master of Laws from Maastricht University in the Netherlands and a LL.M. in International Business Law from McGill University, Montréal, Canada. Steven speaks eight languages, of which seven fluently. Steven currently serves as a Board member on several regulated alternative investment funds.