Waystone, a leading provider of fund administration services to the asset management industry, has announced the appointment of Diarmuid Ryan to the role of Global Head of Administration Solutions.

In his new role, Ryan will lead the ongoing development of Waystone’s administration solutions, focusing on accelerating global growth and enhancing the firm’s offering.

He will leverage his extensive experience across traditional and alternative asset classes to align with evolving client needs and market trends.

Ryan brings more than 20 years of experience to his role at Waystone, with a strong track record of delivering results across the financial services, custody and fund administration space.

He was previously Global Head of Alternatives, Liquid Alternatives and Hedge Fund Services at BNP Paribas. 

The new senior appointment underlines Waystone’s plans to drive global growth across its administration business, highlighting its significance as a key product area for the company.

Pervaiz Panjwani, Chief Product Officer - Waystone, commented: “The fund administration landscape is constantly evolving, and at Waystone we are committed to strengthening our leadership and investing in top-tier talent to stay ahead.

“Diarmuid’s extensive experience and proven track record makes him the ideal leader to drive our administration business forward.

“His appointment marks a significant step in our strategy to expand our global capabilities and deliver premium solutions for our clients.”

Commenting on his new role, Ryan said: “I am delighted to join Waystone and contribute to a team with such a strong reputation for innovation and client service.

“The company’s clear growth ambition, backed by strategic investment and an exceptional leadership team, makes this an exciting time to come on board. 

“I look forward to working with the team and our clients to expand our administration offering and ensure we continue to meet the complex needs of fund managers globally.”