The company has hired Wouter van Lier to oversee the new office and to help with the company’s North American expansion, as commercial director. He will work alongside Erik-Jan Schoop, managing director of Vistra New York, which opened two years ago.
Prior to joining Vistra, Van Lier, who trained and has practiced as a lawyer, had been a vice president with the Intertrust Group, based in San Francisco.
Schoop said the opening of the San Francisco office would enable Vistra to help those of its existing clients as well as any new ones who “may wish to develop their US operations and are considering expanding globally".
Vistra had its origins in 1982 as the private client side of a London-based tax adviser known as Chiltern plc. Numerous buy-ins and acquisitions later, it is now part of the OV Group, which claims to be the world’s third-largest provider of trust and corporate services, and which is the parent as well of Offshore Incorporations, a major Asian company formation specialist.