The Maples Group appoints Guy Major and Tyler Kim as Co-Chief Executive Officers of MaplesFS, effective 1 December 2025. The pair takes over from Scott Somerville, who steps down from the CEO role on 30 November 2025, after more than 15 years in the position and nearly 25 years with the organisation. Somerville remains with the Maples Group until his retirement on 30 November 2026. During this period, he focuses on client initiatives, transitioning responsibilities, and special projects. The leadership change is part of a "closely considered and structured succession plan". New Leadership Major joined the Maples Group in 2002 and has served as Global Head of Fiduciary since 2014. His previous experience includes driving the growth of various businesses and playing a key role in developing new solutions, such as the introduction of the Group’s global entity formation and management services and the establishment of its Delaware office. Kim has been with the Maples Group since 2009 and has served as Global Head of Fund Services since 2015. He previously held the role of MaplesFS Chief Information Officer and was instrumental in transforming the firm’s technological infrastructure and developing tailored client solutions. The Maples Group notes that Major and Kim bring "vast institutional knowledge, complementary expertise, and a shared commitment to the values and vision that define the Maples Group". Their appointment "ensures continuity of leadership and positions the organisation for continued success in serving our clients and investing in our people". Somerville's Tenure The outgoing CEO, Somerville, has been a global equity partner and a member of the Group’s Global Management Committee for a number of years. Since being appointed CEO of MaplesFS in 2010, he has played a pivotal role in the Maples Group’s expansion across service lines and jurisdictions. The Group states that under Somerville’s guidance, it has strengthened its global footprint, built a resilient and collaborative culture, and enhanced its reputation as a trusted partner for clients around the world. Somerville's experience in financial services and global regulatory perspective has made him a respected voice in the industry.
