Mr Watchman has been Senior Finance Manager at TISE since October 2017, with responsibility for TISE’s financial reporting, management information and financial control environment.

Cees Vermaas, CEO of TISE, said: “I am pleased to announce Andy’s appointment as our CFO. Andy has been a very important part of the business during the last few years and he is the ideal candidate to lead the Finance team as we enter an exciting chapter for TISE.”

Prior to joining TISE, Mr Watchman worked at Kleinwort Benson for 12 years where his career took him from trust accounting, to fund accounting, including a portfolio of LSE listed funds, and then to the Finance team. In that role, he spent six years providing financial reporting, management information and commercial support across Kleinwort Benson’s businesses. Latterly, he was Head of Channel Islands Finance for Kleinwort Benson.

Mr Watchman is a Fellow Member of the Association of Chartered and Certified Accountants (FCCA).

Mr Watchman, Chief Financial Officer of TISE, said: “I am delighted to have been appointed CFO. I have thoroughly enjoyed being part of the team over the last three and a half years and I am looking forward to the challenge of becoming CFO at a time when we are implementing an updated strategy for further growth in the coming years.”

Mr Watchman succeeds Bruce Bell who has recently retired from his role at TISE.

Mr Vermaas said: “All of us at TISE would like to thank Bruce for his hard work and contribution over the past seven years. As we saw from the recent financial results for 2020, Bruce leaves the business in good shape, and with a smooth transition to Andy. I am hugely excited about Andy’s appointment at a time when we are seeking to further diversify our products and markets in order to unlock the true potential of TISE.”