The firm has a global workforce of more than 4,750 staff and operates in 25 jurisdictions, growing by a mix of organic and inorganic routes.

IQ-EQ, the global investor services group, has appointed Matt Okolita as regional chief executive for the Americas. He is taking over from Mark Fordyce, who will remain as non-executive chairman at the firm.

Okolita will report to Mark Pesco, IQ-EQ group chief executive.

Before this new role, Okolita was global head of outsourced business services, and has worked with Fordyce for a number of years. Okolita previously led Greyline Partners LLC, a regulatory, compliance and governance consultancy that was acquired by IQ-EQ in November 2021. Since then, he has served as global head of outsourced business services at IQ-EQ Americas.

Fordyce joined IQ-EQ in 2020 with the acquisition of Blue River Partners and has steered the business through four subsequent strategic acquisitions. 

IQ-EQ employs a global workforce of 4,750-plus people located in 25 jurisdictions and has assets under administration (AUA) exceeding $750 billion. It continues to expand: In March, IQ-EQ appointed Ilias Georgopoulos to take a key position in the group’s commercial leadership team as global head of private and institutional asset owners. In August last year it appointed Cory Thackeray as its head of Caribbean, a newly-created regional leadership position.