Estera has bolstered its risk and compliance credentials with the appointment of Tui Iti as Risk and Compliance Director.

Tui will be responsible for ensuring the company consistently adopts the highest global compliance standards at each of its international offices. Estera employs more than 350 people across 10 jurisdictions, including the Isle of Man where more than 50 people work in its Douglas office.

The newly created role consolidates Estera’s strategic approach to the management of internal and external risk.

Tui brings more than 16 years of multi-jurisdictional compliance experience to the group, gained from working in both the onshore and offshore finance industries across a range of sectors.

Prior to joining Estera, Tui was Group Risk and Compliance Director for multi-jurisdictional fiduciary services company Elian. He has also held regulated compliance and AML roles within the banking, investment management and insurance sectors, and for regulated funds including debt, mezzanine, private equity and real estate funds in the UK, British Virgin Islands and Singapore.

A member of the Society of Trust and Estate Practitioners, Tui graduated from Victoria University of Wellington, New Zealand, with an LLB before being admitted to the Bar as a Barrister and Solicitor in New Zealand.

Commenting on his appointment Tui said: “Estera has a proven reputation as an industry leader due to its strong focus on culture and ability to pre-empt industry changes. It is an extremely exciting time to join this ambitious team and I look forward to working with them and sharing my years of experience in the fiduciary industry.”

Estera’s Chief Executive Officer, Farah Ballands, added: “Tui is a fantastic addition to the Estera team. His specialist knowledge of risk and compliance elevates our capabilities in this area and will provide us with new insights and expertise to further strengthen the award-winning service we provide to our clients. Tui has built an excellent reputation for his work in financial services across the globe, and I am delighted that he has chosen to bring this experience to Estera.”

Estera, formerly Appleby Fiduciary Business, completed its management buyout from the Appleby Group in December 2015.