Northstar Announces New Head of Distribution

HAMILTON, Bermuda, Dec. 10, 2015 /CNW/ - Northstar Financial Services (Bermuda) Limited is pleased to announce the appointment of Alejandro Moreno in the role of Head of Distribution.

Alejandro brings over 19 years of experience in global financial organizations. Alejandro has joined Northstar from Sun Life Financial International, where he was most recently Head of Global Relationships. At Sun Life, Alejandro managed the global Key Account and Sales teams and the firm experienced significant growth across all territories under his stewardship. Prior to joining Sun Life in 2008, Alejandro spent 12 years at Putnam Investments where he held a variety of positions within the firms offshore business. Alejandro completed his undergraduate program at CENP in Madrid and is bilingual in English and Spanish.

Northstar's CEO, Michael Staveley, commented:

"We are delighted that Alejandro has joined us in the newly created role of Head of Distribution and we look forward to him playing a central role in the firm's continued growth. Alejandro will be working closely with the other members of the Executive Team and Directors as we seek to expand the firm's global distribution network and enhance our product range. The Northstar platform has been in operation for 17 years and this key hire is a further demonstration of our longstanding commitment to the international business."

About Northstar

Established in 1998 as Nationwide Financial Services (Bermuda) Limited 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. The firm's fixed-rate products offer competitive guaranteed interest rates coupled with the option of added principal protection. Northstar's variable products offer investors access to a broad selection of funds from a range of leading asset managers, with unlimited free transfers between underlying investment options. All Northstar products provide clients with segregated account protection, generous liquidity terms and a variety of commitment periods, as well as the benefits of a Bermuda trust structure, which include financial security, privacy and enhanced wealth transfer flexibility. Working with an extensive range of distribution partners such as banks and other financial institutions, Northstar has clients in over 100 countries.

Northstar is regulated by the Bermuda Monetary Authority and is a Segregated Accounts Company.

SOURCE NorthStar

Northstar Financial Services (Bermuda) Ltd.: [phone], [email protected], http://www.northstarfinancialservices.bm