Nevatia Joins Fiduciary Trust Company as Chief Operating Officer

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BOSTON--(BUSINESS WIRE)--Dec 11, 2024--

Fiduciary Trust Company (“Fiduciary”) is pleased to announce that Puneet Nevatia has joined as Chief Operating Officer. In this role, Puneet oversees the company’s operations, technology, and information security functions and will further advance Fiduciary’s exceptional service, quality and efficiency.

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Puneet Nevatia, Chief Operating Officer at Fiduciary Trust Company (Photo: Business Wire)

Puneet brings more than 25 years of financial services experience, with a strong focus on technology and operations. Most recently, he served as Chief Information Officer and Head of Strategic Planning at Cambridge Trust Company, where he was instrumental in advancing technology solutions and strategic initiatives. Puneet has also held senior roles at organizations including Publicis Sapient, Babson Capital Management, Wellington Management, and Cambridge Technology Partners.

In addition to his professional achievements, Puneet is deeply committed to community involvement as the Founder and President of Higher Possibilities Inc. He is also an active member of the Society of Information Management.

Puneet holds a Bachelor of Technology with Honors from the Indian Institute of Technology (IIT) Kharagpur and his Master of Science degree from The Ohio State University.

"We are thrilled to welcome Puneet to Fiduciary Trust," said President and Chief Executive Officer Austin V. Shapard. "His extensive experience, coupled with his commitment to innovation and excellence, will play a key role in further enhancing our ability to deliver exceptional service to our clients."

About Fiduciary Trust Company

Fiduciary Trust Company is a privately owned wealth management firm that serves families, individuals and nonprofits seeking objective advice to help grow and protect their investments. The firm also provides a range of services to professional financial advisors and single-family offices. Fiduciary’s capabilities include comprehensive wealth planning, customized investment management, trustee and estate services, a donor-advised fund program, and family office, tax and custody services.

Founded in 1885 as a family office, Fiduciary takes a personal approach based on expertise, strong performance and a genuine commitment to act in its clients’ best interests. The firm’s client focus has enabled it to achieve an average 98% annual client retention rate for over a decade.

For additional information about Fiduciary’s services, please visit  www.fiduciary-trust.com, or contact  Sidney Queler  at 617-292-6799 or  [email protected].

View source version on businesswire.com:https://www.businesswire.com/news/home/20241211572564/en/

CONTACT: Emily Stoermer

BackBay Communications

617-391-0801

[email protected]

KEYWORD: MASSACHUSETTS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE

SOURCE: Fiduciary Trust Company

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PUB: 12/11/2024 07:00 AM/DISC: 12/11/2024 07:02 AM

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