Nic James and Marc Cleeve have been promoted to Director and Partner respectively at Deloitte in Jersey. Their promotions come as the firm announces that its Channel Islands, Isle of Man and Gibraltar offices are joining forces to create a single audit and advisory offering across the four offshore jurisdictions.
Marc joined Deloitte in 2002. In 2011, he began specialising in debt fund audits, and became a Director in 2014. Marc leads Deloitte’s Debt Fund Services team, which delivers integrated services to client across audit, tax and advisory. Deloitte’s Channel Island Debt Fund Services team has won the Best Audit Service Award at the annual Alt Credit Fund Intelligence European Awards for the second consecutive year.
Alongside his new role, Marc will also lead Deloitte’s strategy across the Channel Islands as ‘People and Purpose Partner’, whilst strengthening his portfolio of debt, venture capital and banking clients. Beside two other partners, Marc will lead the firm’s audit practice of 100 people.
He said: ‘This year marks another great step forward for our Debt Funds Services team in Jersey. This is an area of growth for Deloitte, and we intend to expand this team across our global network. Our aim is to join pockets of expertise and deliver the best solution for clients, with the best people, regardless of location.’
Nic has over 13 years of financial services experience in various jurisdictions including the Channel Islands, United Kingdom and South Africa. In his new role, Nic will lead Deloitte Jersey’s private equity offering. As a private equity specialist, Nic’s role will include identifying and advising on the latest trends and developments in the market and bringing these insights to his clients.
Alongside his new role, Nic will head up Deloitte’s internal finance team across the Channel Islands, Isle of Man and Gibraltar offices and lead the Non-Executive Director/Chief Financial Officer Clubs in Jersey.
Nic said: ‘I am thrilled to be leading our private equity offering at Deloitte in Jersey. This is a time where we are seeing significant growth in the private equity sector. I’m working alongside an exceptional and diverse team of professionals at Deloitte, and I’m pleased to be able to offer our clients high quality service.’
Partner Theo Brennand added: ‘Marc and Nic give Deloitte’s clients the best local knowledge and industry-leading experience and sector expertise. Their promotions are well deserved, and we are delighted to work alongside them to develop Deloitte’s capabilities here in Jersey.’