The new office, due to officially open in early 2009, will provide Jersey’s Finance Industry with a permanent presence in London.

As well as promoting Jersey as an international finance centre in the City, Clive will help broaden Jersey Finance’s reach to key professionals within the industry and strengthen the jurisdiction’s relationship with the City of London, the London Stock Exchange, and trade bodies.  Clive will also be able to provide an easily accessible point of contact for enquiries emanating from London-based media.

A Chartered Accountant, Clive has significant experience of the London financial services industry. He spent seventeen years working in a variety of senior roles for Schroders in the City and has held the role of Chief Executive at both Gerrards and Cofunds. Having previously worked in Jersey for Arthur Young McClelland Moores, now Ernst & Young, Clive also has an in-depth knowledge of the offshore marketplace. He has sat on a number of industry bodies including the Association of Private Client Investment Managers and the Treasury Advisory Panel.

Geoff Cook, Chief Executive of Jersey Finance, said:

“London remains a key market for Jersey’s Finance Industry and we are committed to galvanising our already strong relationship with finance professionals, authorities and the media in the City. Having an on-the-ground presence is vital, particularly in an increasingly competitive marketplace, and I am delighted that Clive will be joining the Jersey Finance team in this respect. His experience will be crucial in continuing to enhance Jersey’s reputation as a leading international finance centre amongst City professionals.”

Ends.

For further information, please contact Geoff Cook, Chief Executive, Jersey Finance Limited, on tel. +44 (0) 1534 836000 or e-mail geoff.cook@jerseyfinance.je

Or

Adam Riddell at Crystal Public Relations on tel. +44 (0) 1534 639505 or e-mail adam@crystalpr.co.uk