The new chairman is private clients head for Vistra Jersey.

The Society of Trust and Estate Practitioners, aka STEP, has a new worldwide chairman, Vistra’s Simon Morgan TEP.

Morgan, who is director and head of private clients at Vistra Jersey, has been elected to the role, taking up the post at the start of next January. He succeeds Patricia Wass TEP, who has been in the role since the start of 2017. 

Working in the international fiduciary business since 1982, Morgan has worked in Jersey and the Cayman Islands and has been a STEP member since 1994. He is a fellow of the Chartered Institute of Financial Services (London Institute of Banking & Finance).

Morgan has held leadership positions at STEP such as chair of STEP Jersey; he joined the worldwide council in 2013, and the board in 2017, where he served as deputy chair. His firm, Vistra, is a STEP Employer Partner.

STEP’s board of directors is responsible for the high-level strategic direction of the society, and its members have legal authority and responsibility for the organisation. Board members are elected by members of STEP’s worldwide council.

Two deputy chairs will also be appointed. Elections for these roles began on Monday 15 October.

Separately, this news service is a media partner at the forthcoming Switzerland and Liechtenstein STEP conference to be held in January next year.