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Minerva Trust & Corporate Services Limited appoints a Group Managing Director

Wednesday 18^th January 2012

Minerva Trust and Corporate Services Limited (“Minerva”), one of Jersey’s largest independent trust and wealth management companies, is pleased to announce the appointment of Brian Lee to the new role of Group Managing Director. This appointment reflects Minerva’s ambitions to drive forward the development and strategy of the business, to build on the considerable successes achieved to date and to be the independent global fiduciary services business of choice for clients and intermediaries.

Brian is a Chartered Accountant who qualified with Deloitte. He was formerly a Managing Director of Allied Irish Bank’s wealth management business, with responsibility for its UK and offshore operations. He was previously the Chief Executive of the fiduciary business of Ogier in the UK and most recently the Managing Director of IFG, the Stock Exchange listed fiduciary business, in the Isle of Man. He has worked in the international and offshore market place for over twenty years including living in Jersey, the Isle of Man and the USA.

Vipin Shah, Chairman of Minerva, commented ‘Minerva is at an exciting time in its development. As a leading independent fiduciary and wealth management business, we look forward to Brian joining us and driving forward our ambitious growth plans for the future.’

Fellow Director and co-founder of Minerva, Umesh Sahai added ‘We believe that Brian’s wide range of experience will greatly assist in growing the business in the different jurisdictions in which we operate.’

Brian said ‘I am very excited about the prospect of joining Minerva. They have an excellent reputation in the marketplace, excel in client servicing and are well positioned to deal with the challenges that fiduciary businesses face over the next few years.’’

Minerva employs over 130 staff and provides trust, corporate and fund administration services in Jersey, London, Geneva, Mauritius and Dubai, and administers over $15billion of assets for clients. Minerva is owned by its principals and directors. Their commitment to the success of the business ensures that each client receives a genuinely individual service. This approach ensures that Minerva’s clients receive a first rate service, personal contact, continuity of relationship and responsive administration through an organisation on which they can rely.

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Notes to editor Minerva is one of the largest independently owned trust companies in the Channel Islands. Minerva has been in existence for over 30 years and has a wealth of experience in trust, corporate services and fund administration, ranging from simple to complex and bespoke private client and corporate structures. In addition to the main office in Jersey, Minerva has fully-staffed offices in London, Geneva, Mauritius and Dubai.

For further information please contact: Louise Ashworth Head of Marketing Minerva Trust & Corporate Services Limited Tel: +44 (0)1534 702980 Email: louise.ashworth@minerva-trust.com

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