World Gold Trust Services Appoints William Rhind as Chief Executive Officer

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World Gold Trust Services, LLC, a wholly-owned subsidiary of the World Gold Council, has named William Rhind as its Chief Executive Officer.  His appointment is with immediate effect and alongside his responsibilities for ETFs, at the World Gold Council.

Established in 2004, World Gold Trust Services is sponsor to SPDR Gold Trust, Exchange Traded Fund (ETF) whose shares are traded as SPDR Gold Shares (“GLD”) on the New York Stock Exchange, in addition to exchanges in Singapore, Tokyo, Hong Kong and Mexico.

Prior to joining the World Gold Council in 2013, Mr. Rhind was a senior executive at ETF Securities, an independent exchange-traded product provider, from 2007 to 2013.  He was also formerly a Principal at iShares.  He began his career as an investment banking analyst at Nomura International in London.

Mr. Rhind is a graduate of the University of Bath, in England, with a Bachelor of Arts in French, Russian, Politics and Economics.

Commenting on his appointment, Mr. Rhind said, “I am delighted to expand and enhance my responsibilities at the World Gold Council to include leadership of World Gold Trust Services.  This is an especially important time for the Trust as GLD approaches its 10th anniversary and   we build on our track record as the largest physically backed gold ETF in the world.”

Commenting on the appointment, World Gold Council CEO Aram Shishmanian said: “Will’s career and experience to date means he is ideally placed to lead our ETF business through the next decade, sustaining and enhancing GLD’s position as the world’s leading physically backed gold ETF and ensuring that gold continues to be accessible to all investors who seek to hold it as part of a balanced portfolio”

ENDS

For further information please contact:

Peter Tulupman
World Gold Council
T   +1 212 317 3881
E   peter.tulupman@gold.org

Melissa McVeigh
World Gold Council
T   +44 20 7826 4701
E melissa.mcveigh@gold.org

Note to editors:

World Gold Council

The World Gold Council is the market development organisation for the gold industry. Working within the investment, jewellery and technology sectors, as well as engaging in government affairs, our purpose is to provide industry leadership, whilst stimulating and sustaining demand for gold.

We develop gold-backed solutions, services and markets, based on true market insight. As a result, we create structural shifts in demand for gold across key market sectors.

We provide insights into the international gold markets, helping people to better understand the wealth preservation qualities of gold and its role in meeting the social and environmental needs of society.

Based in the UK, with operations in India, the Far East, Europe and the US, the World Gold Council is an association whose members include the world’s leading and most forward thinking gold mining companies.