Chris Jenkins, who brings more than 25 years of international financial services experience and particular expertise in FinTech, replaces Allan Wood, who departed in April.

Mr Jenkins moved to the island with his family from Hong Kong SAR in 2015. He previously worked at FinTech firm TORA for almost two decades, running the client-facing functions globally and acting as a member of the executive team.

Joe Moynihan, Chief Executive Officer at Jersey Finance, said that Mr Jenkins “brings a vast amount of experience to the role, complementing the strong skill sets of the team overseeing the promotion of Jersey as a leading international finance centre across key strategic overseas markets”.

“Meanwhile, I would like to extend my thanks to Allan Wood, who has been an integral part of the organisation’s success for nine years, and his contributions have been invaluable to its growth and development,” he continued.

“During his tenure, he has played a pivotal role in stimulating increased business for Jersey’s international finance centre, supporting the expansion of its global reach to the US, Africa and Southeast Asia. We are immensely grateful for his dedication, expertise and leadership during his time with us.”

Mr Jenkins said he was “extremely excited to join Jersey Finance to help continue the great work Allan and the team delivers year after year”.

“It is a privilege to promote Jersey, working with our world class finance sector, and I am very much looking forward to getting started,” he added.