Ex-FPI head of life joins UAE firm to run newly created unit

Division will offer a ‘blend of fee-only and commission-based services’ by advisers

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Holborn Assets has appointed Christophe Allafranco to the role of global head of client services, a newly created division.

Allafranco joins from Friends Provident International (FPI), where he held the position of head of life business for seven years and will take up the position with immediate effect.

The proposed division is targeted to reach 100 advisers within three years spanning across Holborn’s 18 offices in 15 countries.

The client services arm will offer a blend of fee-only and commission-based services by financial advisers.

Riyad Adamou, chief commercial officer at Holborn Assets said: “This is a significant appointment and required an individual with the stature and ability to build, deliver and manage what will ultimately be one of the biggest divisions of the company.

“Christophe’s experience is unique in having served on both sides of the industry, first starting as an IFA before switching to the corporate structures of FPI, that blend of experience and understanding will no doubt be invaluable and as we look to rapidly grow the division over the coming years.”

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