Waldman joins the firm from BNP Paribas, where she was responsible for launching and expanding the firm's institutional fund administration business in North America. In her prior career she also held business development, marketing and sales positions at UBS Global Asset Management and BNY Alternative Investment Services.

As part of her new role Waldman is charged with opening Maples’ New York office – where she will be based – and continuing to develop the firm’s presence in North and South America.

Jones was latterly director, global equity finance, EMEA for Scotia Capital in London, responsible for the sales and marketing of the firm’s prime brokerage services. Before that he worked at Dow Jones, Factiva and Reuters.

Jones will be based in London as he drives forwards Maples Finance’s expansion in Europe.

“Maples Finance is positioned for growth in the Americas and Europe. As the investment funds industry continues to recover, we are seeing increased demand for our fund administration service model,” said Scott Somerville, chief executive of Maples  Finance.

Maples Finance is present in the Cayman Islands, Dubai, Dublin, Hong Kong, Luxembourg and Montreal.