The company said one of its directors, Mark Rogers, will spearhead the Middle East and Africa initiative in his new position as vice chairman of Northstar.
It is also in the final stages of establishing new office in the DIFC and is set to make an announcement soon regarding the key representative to be based in the region.
Northstar’s newly established head of distribution, Alejandro Moreno said: “The Middle East and Africa in particular represent a significant opportunity for Northstar.”
Renewed partnership
Moreno only joined Northstar in December to take up the newly created role of global head of distribution, having previously been head of global relationships for Sun Life Financial International.
While Mark Rogers, who joined Northstar as a director in July 2015, was previously vice president and director of international distribution at Sun Life International (Bermuda). There he was responsible for building the firm’s international distribution platform covering the US, Central America, Latin America, the Middle East, and Asia.
“Having enjoyed such a successful relationship as colleagues at our previous firm, I am thrilled to be working so closely alongside Mark again,” Moreno said.
Established in 1998 as Nationwide Financial Services (Bermuda) Ltd and renamed Northstar in 2005, the firm provides financial solutions to meet the needs of non-US clients and offers a range of attractive fixed-rate and variable investment plans to a global client base.
Working with an extensive range of distribution partners such as banks and other financial institutions, Northstar has clients in over 100 countries.
