HSH Names RBC Dexia as Trustee and Scheme Administrator
The Hongkong and Shanghai Hotels (HSH) has awarded a mandate to RBC Dexia Trust Services Hong Kong Limited to be trustee and scheme administrator for the company’s pension scheme, Occupational Retirement Scheme Ordinance (ORSO). At project inception, the scheme holds a portfolio of over €40m.
Neil Galloway, finance director and chief financial officer (CFO), said: “After a comprehensive review of the various providers in the marketplace, we decided to partner with RBC Dexia, whose product and services meet our requirements to what we believe is a ‘best in class’ standard. Working with RBC Dexia allows us to take advantage of its strong global capabilities while leveraging its specialist expertise and solid track record of good governance and efficient service.”