Mark Forster, who has more than 30 years’ industry experience, will be responsible for managing the Bank’s Financial Intermediary team.

He commented: “Our ambition is to make Butterfield the bank of choice within the mature intermediary market; a goal I look forward to achieving in my role. The Butterfield Group has a successful track record and Jersey represents an exciting opportunity for further growth.”

Butterfield’s Managing Director Noel McLaughlin added: “Mark is a very welcome addition to our expanding team and his experience will be greatly valued as part of our Executive Committee. Mark is well known and respected within the Jersey finance industry and will be instrumental in helping us drive the business forward.”