IFDS appoints ex-Cofunds director as COO

Technology firm IFDS has appointed Stephen Mohan as chief operating officer of its platform solutions business.

Mohan joins from Allfunds Bank S.A., where he was head of the UK and Ireland. He previously spent eight years at Cofunds, where he was managing director of operational services.

In his new role he will report to IFDS platforms chief executive Matthew Brown.

Brown says: “Stephen’s proven success within the fund platform industry will be crucial as we continue to expand our services and capabilities within the wealth management space.

“His appointment adds significant experience to our platform leadership team and he will play a key part in developing our operational services.”

Mohan adds: “I am delighted to be joining one of Europe’s leading financial services providers at such an exciting time in their journey.

“My immediate focus is to ensure we deliver on existing key projects and continue to develop a market-leading operational proposition for the European fund platform industry.”