Two senior members of Jersey’s finance industry were elected to the board of Jersey Finance at its Annual General Meeting, held last week (Thursday 20th June).

Rob Christensen, Managing Director of Volaw, was appointed to the Board to replace Geoffrey Grime, who is retiring from his position having come to the end of his term

In order to give the Board added specialist banking experience, Paul Savery, Managing Director of Barclays Wealth and Investment Management, was also unanimously elected to the Board.

Commenting on the new elections to the board, current Chairman of Jersey Finance Jonathan White said:

“It is important that Jersey Finance retains a broad range of specialist expertise at board level and, with that in mind, I am delighted to welcome Rob Christensen and Paul Savery to the Jersey Finance team. I would also like to pay tribute to the contribution Geoffrey Grime, who was instrumental in setting up the company, has made to Jersey Finance over the years.”

Following the AGM, Geoff Cook, Chief Executive Officer, Jersey Finance, introduced a quarterly review for members.  Heather Bestwick, Technical Director, gave an update on recent and forthcoming regulatory and legislative updates; Richard Corrigan, Head of Business Development, informed attendees on the progress being made by Jersey’s finance industry in overseas markets; and David Vieira, Head of Marketing, outlined Jersey Finance’s marketing and communications objectives for the coming months.

Geoff Cook added:

“As the dust settles from all the political rhetoric surrounding the G8, Jersey is in very good shape indeed. With a register of corporate beneficial ownership in place already and a commitment to a raft of information exchange initiatives, Jersey is actually ahead of most G8 countries. We need to continue to focus on enhancing Jersey’s reputation on the international stage, however, and must not be afraid of telling the very good story we have to tell.

The most recent banking and funds figures show a resumption of growth in the finance industry, and we are beginning to put into action the findings of the Strategic Jurisdictional Review, which include enhancing our existing product range, focusing increasingly on Africa, bolstering our presence further in the Middle East region, and developing a new office in Shanghai.”