Luxembourg-based European Depositary Bank, provider of banking, depositary and custody solutions, has named two women to senior leadership: Cecilia Gejke is now managing director and member of the executive management board and Gilda B. Neiman (photo) is now a member of the board of directors.
The bank, also known as EDB, is one of the largest providers of depositary services in Europe for regulated Ucits and alternative funds, with over 185 billion dollars of assets under depositary as of January. EDB was founded in 1973 in Luxembourg by its former owner, Hamburg-based private bank M.M. Warburg, and became part of the Apex Group in 2019.
“We are delighted to welcome Cecilia and Gilda, two highly qualified and experienced individuals to the Executive Management Board and Board of Directors of EDB, respectively,” said EDB CEO David Claus in a statement. “These appointments are further evidence of our commitment to continuous investment in the governance structures, risk management frameworks and technology infrastructure of EDB as we seek to constantly improve client service and experience.”
Risk management roles
Gejke joined the bank in early 2023 after nearly two decades spent in the financial services sector. She has worked in various risk management leadership roles in London, Scandinavia and Luxembourg for international banks including Nordea, Mizuho, Santander UK and JP Morgan.
Neiman has over 30 years of financial experience in the areas of executive and relationship management, international wholesale banking, post-trade financial services and corporate governance.
She previously managed Citibank Europe plc’s branch in Brussels, Belgium. She also specialises in advising financial institutions, including banks, on the application of sustainability and ESG policies, including on environmental impact, diversity and inclusion matters.
Rapid pace
These announcements keep up the rapid pace of Apex Group developments. They follow the appointment of David Claus as the bank’s CEO and of Robert Steele and Jean-François Thils as members of the executive board. The group has recently welcomed new clients in the form of Arab Bank for digital bank accounts, GenTwo and Mikro Capital for paying agent services.
Apex Group Ltd, established in Bermuda in 2003 is a global financial services provider. It has over 80 offices worldwide and 12,000 employees in 40 countries. It states that its “purpose” is “to be more than just a financial services provider” and claims it is “committed to driving positive change” to address the environment and climate change, women’s empowerment and economic independence, and education and social mobility.