IDR appoints operations director

IDR has promoted Karen Bee to operations director.

She originally joined the firm’s Cape Town office in January 2023.

Prior to that, Bee was senior manager for programme management at business process manager eClerx. She has gained two decades of experience working in financial crime operations at corporate and investment banking financial institutions, including senior KYC roles at RBS, Investec Bank and MUFG.

In her new role, Bee will be responsible for managing the firm’s global expansion, focusing on client management and support.

Commenting on her appointment, Bee said: “Over the course of my career, I’ve been on a mission to improve KYC and onboarding through automating manual processes, streamlining disjointed workflows and elevating the overall client experience. Continuing this journey as the democratisation of the private markets moves investor onboarding up the agenda is a natural next step.”