Apex Group Ltd has appointed Ross Webber as its managing director in Bermuda.

Mr Webber, a Bermudian, is a former chief executive officer of the Bermuda Business Development Agency, and spent five years on the BDA board.

Most recently, he was principal of management consultancy BDSbermuda, and a director of wealth management firm Peregrine & Black Limited.

Apex is a global financial services provider that was established in 2003, in Bermuda, and has since grown to 45 offices worldwide, “offering a single-source solution to the market across $730 billion in assets under administration”.

Mr Webber is based in Bermuda and reports to Georges Archibald, head of Apex Americas and working alongside Graham MacDonald, director of operations, for the Bermuda office.

Peter Hughes, founder and CEO of Apex Group, said: “We are pleased to welcome such a highly respected member of the Bermudian business community to Apex. Ross brings an unparalleled network and deep local expertise to his position as managing director of Apex Bermuda. The innovative legislative and regulatory developments implemented in Bermuda over recent years have created a highly responsive capital market for investors and Ross will play an invaluable role in pursing this growth opportunity.”

Mr Webber has more than 25 years of experience in financial and professional services including a decade as global head of marketing and business development for Conyers Dill & Pearman. Prior to this, he held marketing and excess liability insurance underwriting roles with Ace and Starr Excess.

Mr Webber said: “I am excited to be joining one of the world’s largest independent providers of fund administration, financial services and corporate solutions. In recent years, I have watched with interest as they made strategic acquisitions whilst also nurturing organic growth.

“The Apex team has rapidly grown its single-source solution underpinned by best in class processes, leading technology and hard work. The group has its heritage in Bermuda and I see an exciting opportunity to grow our business on the Island and provide our clients with exemplary service.”