Corporate services company Ocorian has named Damian Resnik as its new managing director in Bermuda.

Mr Resnik joined the group in June 2019 as client and operations director. A statement said Mr Resnik will continue to build on Ocorian’s presence in Bermuda, working with some of the leading asset managers in the region.

Ocorian merged with fellow corporate services company Estera last February.

Jason Gerlis, regional head of Americas for Ocorian, said: “Our clients always come first and Damian’s proven track record collaborating with our global team to deliver exemplary client service, refine our operations and steward our growth in Bermuda will ensure that we continue to be a global leader in this crucial region.”

Mr Resnik said: “Ocorian’s reach and scale provide tremendous opportunities for clients who are looking to administer structures and transactions seamlessly across multiple jurisdictions. Our team has a long-term commitment to delivering outstanding client service and I firmly believe that we add value to our clients and the wider market.”

Ocorian is one of the largest providers of corporate fiduciary services in Bermuda, offering a comprehensive range of company and trust services to corporate and private clients.

It said it is a key player in Bermuda’s insurance linked securities market as well as a registered listing sponsor for the Bermuda Stock Exchange.