An ACCA qualified accountant, James moved to Jersey in 2013 to work within, and eventually head, the fund accounting team at State Street. In 2016, he took on the role of Client Service Manager for a large client, managing all components of service delivery. He joined TMF Group following the acquisition of State Street’s funds business in the Channel Islands in 2019 and became Operations Director in the global fund services team. In this role he worked closely with various jurisdictions including Luxembourg, New York, Mumbai, Singapore and others to develop the funds service offering.

Cengiz Somay, Managing Director of TMF Group in the Channel Islands, said: “James’ experience at State Street and TMF Group puts him in a great position to lead from the front. With a solid understanding of both the funds business and our client base, his knowledge will add real value when executing the Channel Islands’ growth strategy and collaborating within the TMF global network to win global mandates.”

James Coughlan said: “We are continuing to grow and expand our fund services capabilities across our global network of more than 80 jurisdictions. It’s a very exciting time to be part of, and lead, the team in Jersey. The Channel Islands are at the heart of our funds strategy and will be the centre of excellence for the group.”