Guernsey’s former Bailiff, Sir Geoffrey Rowland QC, has been appointed as chairman of Channel Islands-based closed-ended specialist Bailiwick Investments.
Bailiwick Investments Limited has substantial equity holdings in a number of businesses based in the Channel Islands and Isle of Man including SandpiperCI, Jacksons, Oatlands Village, Guernsey Recycling Group, The International Stock Exchange, SigmaRoc (owner of Ronez) and Prospero.
Sir Geoffrey (pictured) was appointed to the board in October 2016. He has previously spent many years on the boards of venture capital companies 3i (Guernsey) and 3i (Jersey). At the time they were owned the Bank of England and the Clearing Banks and they were, at the request of the governments of Guernsey and Jersey, major investors in a number of Channel Islands’ commercial and utility firms, according to local media outlet Bailiwick Express.
“Looking to the future the Bailiwick board intends to build on the culture which has been its hallmark. We intend that the company will continue to serve the communities in which it operates. It is important that we continue to provide venture capital to companies that have demonstrated entrepreneurial flair, sound business judgement and need further investment to develop in the Islands and beyond our shores,” he said in a statement.
He has also been chairman of the Guernsey Press Company and vice-chairman of the Guernsey Financial Services Commission, as well as serving on the boards of Garenne Group and Blue Diamond, before being appointed as a Crown Officer.
In addition, Susie Farnon has been appointed as a Non-Executive Director to the Bailiwick Investments board. A Guernsey resident, Susie has served as a Partner of KPMG for nearly two decades and has been a commissioner of the Guernsey Financial Service Commission. She is currently a board member in England of the Association of Investment Companies.