Mark Paine Takes Charge at Meyado Group
It has been announced by the Meyado Group that Mark Paine the CEO of Meyado Private Wealth Management Singapore will acquire current Group Chairman, Martin Young’s shares in Meyado Group, Meyado International and Meyado Private Wealth Management London subject to regulatory approval.
Martin Young said “Mark has been with the company for over twenty years and has experienced all of the different management functions Internationally and his extensive knowledge of the industry is comprehensive. I have no doubt that he is well positioned to steer the commercial activities of the company globally. I feel that it is more important than ever that the business operates at the level of an international group with the strength of retaining client and institutional relationships globally.”
Mark Paine commented “Martin was the original driving force behind the formation of Meyado in Germany and the International expansion into Asia and the Middle East. He has trained and guided many people over the years within the industry as well as taken some of them on really challenging expeditions and adventure training. His enthusiasm and energy have always been remarkable and it will be interesting to observe his progress and endeavors over the coming years.”
Mark continued to say “I am hugely positive regarding our business in Asia the Middle East, Europe and the UK and feel that our International reach and the strength of these group relationships are more important than ever. I will be looking forward to building on our previous success of over twenty years and also to growing the business strategically and in collaboration with our partners around the world. The company will be working more closely with its International affiliates to give it more breadth and scale especially in terms of Assets under Management (AUM) and consolidated recurring income streams.”
Meyado International was formed in 1993 in Frankfurt Germany and grew operations globally. In 2000 it acquired Cameron Butler International and Finesco Overseas and in April 2016 it acquired Portfolio Builders in Singapore as well as recently opening new offices in Birmingham UK. The Company currently operates in Asia, Europe and the Middle East.