TACT appoints new president

The Association of Corporate Trustees (TACT) has appointed Eversheds partner Giles Orton as its president. He takes over the role from Wilson Cotton of Smith & Williamson.

The association was founded in 1974 to foster a high standard of corporate trustee service and comprises the leading UK corporate trustees operating in the fields of private and will trusts, loan capital and pensions.

Orton commented: “I am very much looking forward to taking up my term as president and tackling the challenges ahead. A key challenge will be adapting the Code of Practice to the differing areas in which TACT members operate.”

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