Mr Fotheringham who will be based in JTC’s Jersey offices, is a CA qualified accountant and highly-experienced chief financial officer having held positions in private equity-backed businesses during his career including Moody International, PwC, the Thompson Corporation and Deloitte.
Nigel Le Quesne, CEO and Chairman of JTC Group, said: “2014 was another successful year for JTC as a result of our clear strategy and the hard work of our 300- plus people and our valued partners. Looking to 2015 and beyond, I am delighted to welcome Martin to our team as we maintain a focus on our strategic expansion. His experience in overseeing organic growth, acquisitions and building alliances will be crucial in this respect.”
Mr Fotheringham said: “In JTC, I am delighted to be joining such an ambitious firm, which last year recorded its 27th consecutive year of growth, saw the value of assets it administers grow to more than £25bn across its three core divisions and expanded its global footprint to have a presence in 17 jurisdictions. Whilst the firm has achieved great success in recent years, it is clearly set on maintaining its momentum and I am excited to be a part of that journey.”