Apex Group opens Montreal office

Apex Group opens Montreal office | Insurance Business Canada

Insurance News

Apex Group opens Montreal office

New office is part of its North American expansion

Insurance News

By
Mika Pangilinan

Apex Group has opened a new office in Montreal, Quebec, as part of its ongoing North American expansion strategy.

The new office is located at 1 Place Ville Marie and will provide locally delivered services and French-language support. It adds to Apex Group’s existing presence in Canada, which employs over 300 professionals across three office locations.

Spearheading the operations in Montreal is Raja Krishnan (pictured above), country head of Canada. According to Apex Group, Plans are underway to grow client service delivery teams in the new location and create new job opportunities over time.

In a press release, Apex Group said the decision to expand in Montreal was motivated by increased demand from new and existing clients for locally delivered financial services.

“With Canada’s asset management industry predicted to reach $5.6 trillion by 2028, we see huge opportunity for organic growth in the region,” Georges Archibald, chief innovation officer & regional managing director, Americas, said in the release.

“Our presence in Montreal will strengthen our ability to provide a locally delivered single-source solution and to be the best possible partner for our clients in this market. Montreal is a hub for Canada’s largest pension funds, and we look forward to supporting our clients and their investors to achieve greater operational efficiency with our tech-enabled services.”

“Montreal continues to be home to the largest institutional asset managers in Canada, creating a growing demand for French-language service capabilities for both our clients and their investors,” added Krishnan.

“We are excited to announce the growth of our Canadian footprint with a new Montreal office as we extend our global service model so that our experienced local teams can continue to deliver exceptional on-the-ground service for our clients.”

The newly established Montreal office follows Apex Group’s recent growth initiatives in Canada, including the acquisition of Prometa Fund Services in 2022.

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