A well-known face of Jersey's business community has joined the board of Bailiwick Investments Limited, which has interests in many Channel Islands’ businesses, as another steps down.
John Henwood MBE, who became a Director when the company launched in 2008, has stepped down to join the board of Channel Islands Media Group Limited, one of Bailiwick’s investee companies.
Kevin Keen has joined the board in his place, alongside Chairman Sir Geoffrey Rowland and Director Susie Farnon.
“Susie and I have greatly enjoyed working with John over the years and thank him very much for his contribution and for sharing his extensive knowledge of businesses within the Channel Islands,” said Sir Geoffrey.
“I am also very comfortable in saying that these sentiments will be echoed by former Chairman David Lowe. We all wish John well with his future role at CIMG, which has already acquired The Guernsey Press and agency TPA and will undoubtedly benefit from his media experience and other skills.”
“We are confident that Kevin’s knowledge and understanding of local businesses, with a particular focus on Jersey, will make him a significant asset to the company when looking at the current portfolio and any future investment opportunities.”
During his time on the board, Mr Henwood has seen Bailiwick increase its portfolio, which now includes interests in SandpiperCI, Guernsey Recycling Group, Jacksons, Oatlands Village, CIMG, SigmaRoc and Jersey Electricity.
“It really has been a pleasure to be on the board of Bailiwick Investments Limited, to see the difference its investments have made to some of the Channel Islands’ leading businesses and to watch their growth and success,” said Mr Henwood.
Mr Keen joined the board in April. A chartered certified accountant, he has held a wide range of senior roles in Jersey over a long career including Finance Director of Le Riche Group, Managing Director of Jersey Dairy, Chief Executive of Jersey Post and Chairman of Jersey Water.
He is currently chairman of the Association of Jersey Charities and sits on a number of Jersey-based companies.
“The first few months of being on the board have been extremely interesting, particularly as the Channel Islands move out of Covid-19 restrictions and the businesses within the portfolio move forward with their plans for growth,” said Mr Keen.
“I hope my commercial experience from roles in some of Jersey’s leading companies will benefit the companies within the fund and deliver returns to our investors.”
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