Masthead has appointed Nicky Nairn as the company’s new head of compliance. Nairn, who assumed the position on 1 August 2014, also forms part of the Masthead Exco.
Previously a compliance officer with Masthead in Durban, Nairn has a wealth of experience in the financial services industry. She has been with Masthead since 2010, having been in the financial services industry since 2003. Prior to joining Masthead, Nairn served as a research analyst, an active member of the investment committee and, later, internal compliance officer at a boutique asset management company that specialised in the management of fund of funds, hedge funds and multi-manager funds. Through this exposure she has gained valuable key insights and an all-round perspective of the industry.
Nairn is well suited for her role – she is qualified and experienced as a Cat I, Cat II and Cat IIA compliance officer. She holds a BComm degree majoring in economics and financial management, as well as Honours in economics and risk management. She is also qualified as a Chartered Alternative Investment Analyst.
Nairn’s key responsibility is to set and implement Masthead’s compliance direction and strategy. She also will help to define the development and delivery of compliance, focusing on the strong synergies between the company’s business, risk and compliance offerings.
“I am hugely excited about taking up the position and am pleased to be able to continue assisting Masthead members with this important aspect of their business,” says Nairn. “As a core service of Masthead, I aim to maintain and enhance the high standards of compliance that member advisors currently enjoy.”
Ian Middleton, managing director of Masthead, added, “In a business where the regulatory challenges facing advisors are increasing and the environment is ever-changing, it is a pleasure to welcome Nicky to her new role. I am confident that Masthead’s reputation in the industry for helping advisors and companies manage their risks will go from strength to strength.”