ABACUS Financial Services Ltd has announced the appointment of Sandra McAuliffe as business development manager.

The appointment has been made to develop and drive business forward in the funds industry.

Sandra will be working closely with managing director Paul Kneen to promote Abacus' current fund administration services as well as exploring new opportunities in the Isle of Man and Malta.

Paul said: "I am delighted to be able to welcome Sandra to Abacus. Sandra has a wealth of experience in both establishing and operating investment fund structures and in the regulation of both the Funds and their functionaries.

"I am positive that Sandra's strategic efforts, together with her expertise, will prove to be a valuable asset to Abacus and our efforts to maintain our position as a leading international fund services provider."

Sandra has worked in the investment funds sector in a wide range of location over the last 25 years including the Channel Islands, Luxembourg, Italy, the Netherlands and Germany.

Prior to joining Abacus Sandra worked for the Financial Supervision Commission as a regulator and headed up the fund investments services team.

She said: "It's an exciting time to join the Abacus team. The recent establishment of our Malta office has opened up a wide range of opportunities for us and will help us to maintain our competitive position at the forefront of the fund services sector.

"I am really looking forward to being part of such a proactive and dynamic company and working with Paul to continue to grow the business and meet our strategic objectives."