Richard, who joined Jersey Finance at the start of 2013, will continue to lead the organisation’s market development effort. In his earlier banking career he held senior roles with both The Royal Bank of Scotland International and Barclays Wealth, working in a number of leading finance centres. Before moving to Jersey Finance, Richard was Director for Barclays Wealth in Jersey.

Commenting on the appointment Geoff Cook, CEO of Jersey Finance, said: “I am delighted that we have been able to fill this senior role from within the organisation. Richard’s financial services background, his management skills and his more recent experience and insights in developing business in the key international markets, makes him ideally suited for the deputy chief executive role.“

Richard Corrigan added: ‘I’m looking forward to the opportunity and challenge that the role brings in deputising for Geoff on occasions and supporting his work in representing the Industry where it is important that we have a voice, while continuing to oversee our international market development programme.’

He replaces Heather Bestwick who left Jersey Finance in December.