A global leader in corporate and fiduciary services, fund administration and capital markets that is based in Bermuda has been recognised for its significant impact in the private client sector.

Ocorian was named 2022 Private Client Trust Company of the Year at the eprivateclient Excellence Awards, run by the world-leading private client news service and held in London.

Judges praised Ocorian for clearly articulating its progress during the past year which included new acquisitions, team and office expansions and a 50-50 male-female ratio at director level.

The award also highlighted Ocorian’s leading learning and development platform, which enables continual professional development at all levels.

The awards recognised the outstanding achievements of eprivateclient’s top-ranked firms across Britain and offshore legal, tax, fiduciary and advisory professions over the past calendar year with 28 finalists making the cut from the firms that started the entry process across 11 categories.

Damian Resnik, managing director at Ocorian’s Bermuda office, said: “We pride ourselves on our certain delivery no matter where we are delivering our award-winning services, and our team aims to build trusted and close relationships with our clients, making sure their needs and goals are always at the centre of what we do.”

Nick Cawley, global head of private clients at Ocorian, said: “The award is testament to the hard work of our people and teams and their commitment to supporting clients and continuing to grow our business. We invest in our people at all levels and at all stages in their careers. We empower our teams to deliver the industry-leading service levels that this most recent award recognises.”

More than 180 leading practitioners from across the private wealth sector attended the awards, which were presented at a gala dinner at the Langham Hotel in London.

Ocorian has more than 50 years’ experience of servicing the needs of private clients helping to protect, preserve and plan for their wealth now and in the future with offices across the world.

Its services include trusts and companies, foundations, family office, lifestyle assets, succession planning, philanthropy, regulatory, compliance and reporting, family investment companies and investment management support.