Friday, December 13, 2013
Nautilus Group, an independent trust company based in Jersey, announced on December 09, 2013 that it has opened an office in Mauritius as part of its strategy for global growth.
The new branch, Nautilus Fiduciary Mauritius Limited, will employ a team of 12, bringing the total number of employees in the group to 77.
Nautilus Group is focused on establishing and managing trusts and companies, and provided wealth management financial solutions. Earlier this year it acquired New World Trustees (Jersey) Limited.
According to Jason Cowleard, managing director of Nautilus Trust Company Limited, the creation of the Mauritius office will give clients broader access to experts. "We are focused on delivering clients an exceptional service through a robust and dynamic regulatory framework, with access to multiple jurisdictions, and this move will help us to continue doing this. Our clients are increasingly globally mobile and by offering the same Nautilus service in multiple jurisdictions, we are best placed to meet their needs," he said.
Cowleard said that Nautilus is looking to expand into other international jurisdictions.