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Fiduciary Trust Company Makes Top-Level Appointment

Editorial Staff November 5, 2021

Fiduciary Trust Company Makes Top-Level Appointment

The chief fiduciary officer previously worked at Goulston & Storrs PC for 16 years.

Boston-based Fiduciary Trust Company has appointed Suma V Nair as chief fiduciary officer, starting in January next year.

Nair will oversee the firm’s fiduciary services and lead the trust and estates legal department. Her responsibilities will include oversight of fiduciary services for Fiduciary Trust Company’s Massachusetts trust company, and also its affiliate, Fiduciary Trust of New England, a large independent New Hampshire-chartered personal trust companies. 

Nair, who will report to Fiduciary’s president and CEO, Austin V Shapard, will serve on the senior management committee.

Before this Nair was a director in the private client and trust practice group at Goulston & Storrs PC, where she worked for 16 years.

“As a recognized leader within the Boston legal community, Suma brings expertise and leadership that will be critical to continuing to grow our fiduciary practice and help our clients address their evolving trust and estate needs for years to come,” Shapard said. 

Nair is a fellow of the American College of Trust and Estate Counsel and was recently elected as Secretary of the Boston Bar Association. She also serves on the board of directors of the American Civil Liberties Union of Massachusetts. Massachusetts Lawyers Weekly named Nair as one of the "Top Women of Law" in 2021 and Chambers High Net Worth has recognized her for the past five years. Nair earned an AB from Dartmouth College magna cum laude and Phi Beta Kappa, and received her JD from Harvard Law School.

Fiduciary Trust, which has more than $22 billion in client assets, was founded in 1885 as a family office.

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