Guernsey Finance, the promotional arm of Guernsey’s financial services industry, said it is looking to appoint a permanent London-based representative for the first time, as it seeks to build its ties with The City’s financial services industry head of Brexit.
The organisation currently has representatives based in China, Hong Kong and Dubai, and is headed by chief executive Dominic Wheatley, whose former full-time roles in business included a stint with the Willis Group’s global captive business.
In a statement, Guernsey Finance said that its plan to establish a full-time London rep for the industry was a formal acknowledgement of “the crucial two-way business relationship between the island and the [UK’s] capital, and especially, its likely importance following Britain’s withdrawal from the European Union in 2019″.
“Guernsey’s finance sector has strong ties with the City of London, offering a complementary offshore business environment,” Wheatley added.
“We are looking for a London representative to help drive this relationship forward at this critical time.”
The organisation said that it’s looking for an individual with experience in business development, who is either currently working in London or has done so previously.
Guernsey Finance already has established links with TheCityUK, an industry-led body for UK-based financial and related professional services.
Like its near neighbour, the Bailiwick of Guernsey is located in the Channel Islands, off the coast of France. It claims to have approximately 1,000 investment funds domiciled or serviced among its financial services businesses, and also counts among its business entities some 150 licensed fiduciaries, 800 licensed insurance companies, and the head offices of The International Stock Exchange.