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Aztec Group makes two director promotions in Jersey

Leading independent fund and corporate services provider, the Aztec Group, has made two senior promotions in Jersey with Michael Wood and Erique Mvalo both being appointed as directors within the private equity team.

Wood and Mvalo have played a vital role in the growth of the Group’s private equity offering, which was recently named Jersey’s leading fund administrator with USD77.5 billion net assets and 144 funds in the 2017 Monterey Report.
Wood has been with the Aztec Group for over 10 years, joining as a Client Relationship Manager in 2006. Over the years, Wood has watched the Group go from strength to strength and has been pivotal in building the private equity offering and delivering operational change. Day-to-day, Wood is responsible for the oversight of a number of dedicated client teams, specialising in buyout and venture capital funds. More recently, he has assisted in successfully onboarding and subsequently growing our Softbank team, associated entities and relationships.
With over 15 years in the industry, Wood also holds a Bachelor’s degree in Business Administration from Northampton University and is a Fellow of the Association of Chartered Certified Accountants (ACCA).
Joining the team in 2015, Mvalo works predominantly on fund of funds and secondaries structures. He plays an integral role in the day-to-day management of this significant portfolio, with a primary focus on quality control, operational improvements and client service, whilst also overseeing the accounting teams.
A Fellow of the ACCA, Mvalo also holds a Bachelor’s degree in Accounting from the University of Malawi.
Alan Ross, Group Head of Private Equity at the Aztec Group, says: “Both Michael and Erique have played an integral role in the continued growth and development of the Group and delivering first-class service to our clients. I am pleased their hard work and dedication to the business has been recognised and rewarded.”

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