Business
Universal Investment Appoints Hilton Hess as New CFO

Universal Investment Group has appointed Hilton Hess as chief financial officer (CFO), effective from September 1, 2025. This strategic move aims to bolster the leadership team as the firm continues to enhance its financial strategy and management.
In his new role, Hess will oversee all financial operations of the Universal Investment Group, a fund services platform and Super ManCo. With over 35 years of international corporate finance experience, he has held prominent CFO positions across Europe, Asia, and Africa. Most recently, he served as CFO at Vistra Group, a global provider of corporate governance, fund administration, and entity management services.
Hess’s previous experience includes a role at VetPartners, where he successfully led finance, IT, and governance functions, driving both organic and inorganic growth initiatives. Earlier in his career, he held the CFO position for the East Division and later for Europe at Rentokil Initial. His professional journey began at Unilever, where he served as CFO for South Africa.
Leadership Insights
Francesca McDonagh, the group CEO of Universal Investment, expressed her enthusiasm about Hess joining the leadership team. “I am delighted to welcome Hilton to our Group leadership team in this pivotal role,” she stated. “He combines deep financial expertise with a strong record of international leadership. His experience in driving long-term growth, operational excellence, and strategic change makes him ideally qualified to lead our financial strategy as we pursue continued growth with our clients.”
Hess also commented on his new position, stating, “I am honoured to join Universal Investment Group at such an important time in its growth journey. I look forward to working closely with the leadership team and our finance organisation to advance our strategic goals and deliver exceptional value for our clients, employees, and shareholders.”
As Universal Investment Group continues to expand its services and client base, Hess’s extensive experience in finance and leadership will be crucial in navigating the challenges and opportunities that lie ahead. His appointment signifies a commitment to strengthening the company’s financial management and strategic direction during a pivotal period of growth.
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