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FRT appoints Sean Cookson as VP & MD, Asia-Pacific

FRTMedford-based Financial Recovery Technologies (FRT), announced the appointment of Sean Cookson as its Vice President and Managing Director for the Asia-Pacific (APAC) region. Sean Cookson joins FRT after having held senior sales, strategy, business development and marketing roles within financial and information services across AsiaAustralia and New Zealand.

He will be based in Sydney and report to Rob Adler, Chief Executive Officer, FRT and will be working closely with Steven Longley, Senior Vice President, Corporate Development, FRT. The company is a provider of securities class action recovery services to institutional investors. The appointment of Sean Cookson is aimed at driving growth across Australia and Asia

“Sean is key to better serving our clients in Asia Pacific and expanding our foothold in the region,” said Adler. “His wealth of experience across the financial and information services industries will be critical in helping drive our continued growth and expansion not only in Australia but across the entire Asia Pacific region.”

FRT stated that it is rapidly expanding its international presence as, activity in shareholder class actions outside the US continue to gain momentum. It entered the Australian market in 2014, primarily to help Australian fund managers track offshore litigation related to their global holdings.

“The growth and development of the Australian securities litigation market has seen a dramatic increase in recent years,” said Longley. “More investors are turning their attention to monitoring both local and global class actions, and FRT is uniquely positioned to help them.”

“I am thrilled to join the FRT team and look forward to driving momentum in the Australian class actions space over the coming months,” said Cookson. “Having worked in both financial and information services for over 15 years, the opportunity to take on the securities class action space on a global scale with a leading firm like FRT was one I could not pass up.”

FRT has over 800 institutional clients worldwide encompassing superfunds, asset managers, sovereign wealth funds, hedge funds, pension funds and private banks with more than $28 trillion in collective assets under management.

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