Another tile added to Mosaic

Mosaic adds former Perpetual Guardian chief as a new partner.

Friday, January 14th 2022, 3:27PM

Mark Jephson, one of New Zealand’s most experienced executives in the corporate trustee sector, has joined specialist consultancy firm, Mosaic Financial Services Infrastructure, as a partner.

Jephson, former Perpetual Guardian chief executive, brings a unique perspective and in-depth industry knowledge to his new role, Mosaic founding partner Myles Allan says.


“His thorough understanding of how the corporate trustee, licensed supervisory and funds management markets actually operate in New Zealand will be a huge benefit to our clients as they face the challenges and opportunities of growth, regulatory change and technological development," Allan says.

“Mark adds a complementary layer of expertise to the Mosaic team.”

After a 20-year career in the financial services industry in New Zealand, Australia and the UK, Jephson said he was looking forward to his new consulting role.

“Mosaic has a lot of ‘lived experience’ in the team, which is a point-of-difference that encouraged me to join the business,” Jephson said. “I’m excited about bringing my experience to help fund managers understand the views of regulators and supervisors, for example.”

But while the NZ corporate trustee, licensed supervisor and funds management sectors were facing a lot of “regulatory noise” at the moment, he said fund managers still had to focus on day-to-day operations like unit pricing, PIE tax and investment processes.

“The long-term opportunities for fund managers, banks, wealth managers and other financial services firms in New Zealand are strong – as long as they do things the right way,” Jephson said.

He spent nearly two years as head of Perpetual Guardian, before that he spent more than 12 years in senior corporate trustee roles at Guardian Trust.

Jephson was also chair of the Trustee Corporations Association of New Zealand from December 2017 until August 2020.

Mosaic now has six partners and an overall team of 70 consultants and project delivery specialists.

The Auckland-headquartered firm hired Jigs Jamnadas as its inaugural chief operating officer.

Allan said the rapid growth that has seen Mosaic staff numbers more than double over the last four years reflected an increasing demand in the financial services industry for independent guidance from seasoned experts as well as practical solutions to operational issues.

Tags: Mosaic Perpetual Guardian

« Financial Advice NZ gets new chairSuncorp refreshes senior leadership »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved