Multi-cultural, multi-lingual, dedicated,diverse and experienced.
Andrew and William, long-time friends and business partners, were Joint Managing Directors of a Mauritian Trust Management Company. During their six-year tenure, it grew to be a formidable and well-respected brand, both on the island and internationally, with a staff complement of forty-five and over five hundred structures under management. In 2021 they resigned due to a sale to a Private Equity consortium. The overriding focus of the new owners was EBITDA, multiple increases of client fees and a dramatic drop in service standards.
In 2022 William and Andrew were approached by the owner of LC Abelheim to partner with him in the 15-year-old company. They both operate as joint Executive Directors of this well-established business. Due to the intimate relationship that they have forged with their private clients over +25 years, this partnership allows them to continue their counsel as Trustee and Director with existing clients, as well as the new clients attained through the partnership.
William du Toit
William is a member of the Chartered Fellow of the Institute for Securities & Investments (Ch MCSI) by way of a Private Client Investment Advice and Management Diploma and has an MBA Financial Services from the University of Sheffield Hallam. Born in Stellenbosch, William joined the SA Navy after school as part of his conscription where he qualified as a Junior Leader and Navy Diver. In 1990 he graduated with an International Diploma in Hotel Management and combined this with his Naval experience and love of sailing to manage a charter business in the BVI for 7 years.
He then relocated to Jersey and began his career in offshore banking with Midland-HSBC. He joined Standard Chartered Private Bank to focus on developing their Africa, Asia and Middle East business, where he rose to Executive Director. He then joined a Trust Company, having worked with the original partners as a bank and wealth manager for twelve years. After a short induction in their Guernsey and Malta offices, William relocated to Mauritius in January 2015 to build their new Trust & Management Company.
Andrew graduated with a B.Com and Postgraduate Diploma in Finance, Banking and Investment Management from the University of Natal.
He qualified as a Member of the Association of Chartered Certified Accountants in 2003 and was made a Fellow in 2006. He left South Africa to join a small Guernsey trust business in 2001, became a Director in 2006 and Partner soon after.
Andrew helped grow the business in Guernsey and moved to Mauritius in 2015 to open the company’s very successful Mauritius office.
With more than 15 years’ experience in the Financial Sector and a Master’s degree in Finance, Daveena brings both experience and expertise to her role as Managing Director.
Prior to joining L C Abelheim, Daveena was the Managing Director of a bespoke Management Company for two years. She has been working in the financial services industry for more than 15 years, rising from Trust Executive to Team Leader, to Operations Manager and then New Business Manager. Along the way, she managed a USD 100 million + fund. She has both a proven track record, and a breadth of experience and knowledge that make her the perfect leader for our Team.