Habiba Boughaba has been appointed as Managing Director of the Luxembourg office of JTC Group, a leading independent provider of private wealth, corporate, employee benefit and fund administration services across multiple jurisdictions.
The appointment signals the increasing importance of Luxembourg within JTC’s international portfolio.
A European Law graduate with more than 10 years’ experience in the financial industry, Habiba joins JTC from Alter Domus, where she headed up the legal department in Luxembourg. She was formerly based at the company’s Hong Kong office with responsibility for their business development activity and legal compliance.
Prior to this, Habiba began her career as a corporate lawyer with Loyens & Loeff and Elvinger Hoss & Prussen, both in Luxembourg, where she dealt with corporate finance matters and structuring for private equity and real estate funds with assets in Europe and Asia.
“I’m delighted to welcome Habiba to JTC,” states Executive Chairman and CEO, Nigel Le Quesne. “Her skill set, language skills and experience will be a real asset to the team in Luxembourg and the group as a whole. She will be responsible for the continued growth of this office and ensuring a seamless service to those clients using our Luxembourg services.”
In addition to managing the Luxembourg office, Habiba will provide corporate governance support and substance monitoring to client structures.
Commenting on her appointment, Habiba says: “JTC Group are an international provider with an excellent reputation for service. I am looking forward to working with the other eight jurisdictions in the group to deliver on structures where Luxembourg plays an important role.“
JTC was founded in 1987 and began operating in Luxembourg in 2009. As a result of rapid expansion, the Luxembourg office moved in mid-2012 to new premises in the Kirchberg district.
Luxembourg is an attractive jurisdiction due to a favourable and competitive tax framework. It has 80 double tax treaties and another 25 currently under negotiation.