Based in Luxembourg, Portenseigne will be leading Apex Group’s global transfer agency product strategy and innovation agenda. He brings experience in the fund distribution sector, using blockchain technology to connect asset managers, distributors and investors. Building on Apex Group’s tokenisation capabilities and distribution links, he will boost adoption and connect investor servicing and distribution across traditional and digital channels, the firm said in a statement.

Portenseigne brings more than 25 years of experience in the sector. He joins from FundsDLT, Clearstream’s blockchain-based fund distribution and transfer agency platform, where he served as CEO and worked across the investment funds ecosystem to advance new approaches to fund distribution and transfer agency.

"Olivier brings a rare combination of transfer agency, fund distribution, digital asset and regulatory expertise,” Renaud Oury, regional head – Luxembourg at Apex Group, said. “Having worked at the forefront of innovation in the funds industry, he has a deep understanding of how technology can improve the experience for asset managers, distributors and investors. His appointment strengthens our ability to drive innovation across transfer agency and distribution while delivering greater efficiency and broader investor access for clients."