Cofunds' Mohan moves to Allfunds Bank for UK platform drive

Stephen Mohan, former Cofunds managing director of operational services, has moved to Allfunds Bank to spearhead its growth plans in UK and Ireland.

Allfunds Bank is Europe's largest business to business fund platform with more than £80bn (€94bn) of assets under administration. Mohan (pictured) will report to Gianluca Renzini, chief commercial officer, and will lead the London office with £10bn of assets under administration across 20 UK institutional clients. Allfunds plans to take advantage of the opportunities it sees in the UK market and to build on its existing UK fund offering for institutional firms. Juan Alcaraz, Allfunds' chief executive, said: "The recruitment of Stephen reflects our commitment to the UK market and th...