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A-Team Insight Blogs

Carne Adds Senior Hire to Luxembourg Business

Carne Global Financial Services has added to its team of independent directors in Luxembourg with the appointment of Thomas Nummer as Managing Director. Thomas joined Carne last month from Allianz Global Investors Luxembourg S.A., where he was Chief Risk Officer and was responsible for building the firm’s UCITS-compliant risk management system for its UCITS funds.

His appointment also signals increased demand for experienced directors with risk management insights. Thomas is an established figure in Luxembourg’s fund management industry, and is co-chair of ALFI’s Risk Management Committee. He is also a member of PRiM, Luxembourg’s risk management association.

Said John Donohoe, CEO of Carne: “Luxembourg continues to be one of the leading jurisdictions in the world for fund governance. We’re very pleased to welcome someone of Thomas’ stature to our existing team of directors. His in-depth knowledge of risk management in funds will be of particular value to our clients.”

Said Justin Egan, Managing Director with Carne’s Luxembourg office: “Thomas is well-qualified to support our existing clients, as well as able to advise new relationships. With the increased demand across the industry for experienced fund directors, Thomas’ presence in our Luxembourg office will be invaluable in helping clients to ensure their governance arrangements are up to global standards and leading edge.”

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