Mr Wiseman (pictured), a Chartered Member of the Chartered Institute for Securities & Investment (CISI), is currently the Managing Director of the London business - a role he has held "successfully" for some time. Mr Painter was one of the original founders of the business in 2005. In his new position, he will focus on strategic direction at board level, as well as supporting the company’s global business development.

Mr Painter said he was delighted to be able to promote and recognise talent from within their team. He added: “Since the business was first created, we have averaged strong growth of 27% annually through delivering great products and a first rate service to clients internationally. Now that our experts who were sent out to establish the Company in Cayman, Geneva and Singapore have achieved their objectives, and the majority of the work is being facilitated from Jersey and London it was the appropriate time to increase our governance and management structure in our head office.

"We are very lucky to have someone of Tom’s calibre ready to head up the business. I am confident with Tom’s leadership and fresh approach that the business will continue to grow and go onto even greater success and I look forward to supporting him in his new role.”

Mr Wiseman said he was delighted to accept the role of CEO. He commented: "Over the last few years the company has gone from strength to strength and expanded into several new markets. My time heading up the London business has given me valuable insights into the evolving needs of our global clients and how we can provide the new products and services that they need. Jersey is a fantastic, high quality jurisdiction to base this business from, and I am also very excited to have the opportunity somewhere so beautiful.”