Suntera Global Names New Executive for Expansion of Private Wealth Services in African Marketplace
Suntera Global Appoints Chad Phillips as Business Development Director
Suntera Global, a leading player in the international wealth management sector, has announced the appointment of Chad Phillips as their new Business Development Director. Phillips brings over 19 years of experience in offshore fiduciary and wealth management to the role.
Phillips, who is originally from South Africa, has worked in multiple jurisdictions and most recently was employed at a well-known banking institution in Jersey. He is a fully qualified trust and estate professional, having completed all Society of Trust and Estate Practitioners (STEP) qualifications.
David Hudson, the chief executive of Suntera Global, expressed confidence that Phillips will be an asset to the company. "Chad's extensive experience in offshore fiduciary and wealth management, coupled with his deep understanding of the African market, make him ideally placed to grow our opportunities in the region," Hudson said.
Suntera Global's private wealth teams will benefit significantly from Phillips' expertise. He is expected to advise on generational wealth transfer, family governance, and long-term preservation in the African market. Phillips will also support succession planning, asset protection, and cross-border structuring.
The appointment of Phillips is seen as a strategic move to capitalize on the growing interest in the African market for Suntera Global's services. The African market is viewed as a region with a combination of stability, expertise, and global reach that appeals to high-net-worth individuals and families seeking to realize their international ambitions.
Suntera Global has a strong book of business in the African region, which has grown significantly in recent years. The company's focus on the African market is seen as a reflection of the growing importance of the region for international wealth management.
Phillips is a member of the Institute of Directors and has experience in offshore fiduciary and asset management collected over more than 15 years before being appointed as Business Development Manager at Suntera Global. He will be working with Suntera's private wealth teams to help families with long-term wealth preservation and transferring generational wealth smoothly and effectively.
The appointment of Phillips by Suntera Global is expected to nurture opportunities and grow their private wealth offering in the African market. David Hudson believes that Phillips' personal knowledge and deep understanding of the region make him ideally placed to grow those opportunities further.
