Global financial services company Praxis has demonstrated its commitment to its next generation of people in its annual promotions round.

Half of the Group’s promotions recognise employees up to senior administrator level and a further 16 promotions have been made in the assistant manager to manager level roles. Ten promotions have been made at leadership level, with two appointments to director, four to associate director and four to senior manager.

In Jersey, Sarah Denoual has been promoted to Client Services Director. Sarah joined Praxis in 2013 and oversees a private wealth team working with HNWIs globally to provide a family office-style service. She is a Chartered Governance Institute member, holds the ICSA Diploma and attained the Chartered Management Institute Level 5 – Leadership and Management Programme.

Most of the promotions are in the private wealth, corporate and pensions teams, however nine are across the Group’s compliance, people and operations functions as the Group continues to invest in a robust framework to support its growth ambitions.

Group CEO, Rob Fearis said: ‘As a future-focused company, we believe in investing in our aspiring leaders, and this year’s promotion round reflects our dedication to fostering talent from within the business to ensure career progression for our people and to deliver consistency in relationships and service levels for our clients.

‘By empowering the next generation of professionals, we are not only supporting the sustainable growth of Praxis but contributing to the advancement of the financial service industry in our jurisdictions.’