Guernsey's former Bailiff Sir Geoffrey Rowland QC has joined David Lowe OBE and John Henwood MBE on the board of Bailiwick Investments Limited.
He replaces Charles Parkinson who stepped down on September 30th due to a potential conflict of interests after being appointed as president of the States' Trading Supervisory Board.
Mr Lowe said: Since Charles joined the board of Bailiwick Investments in 2011 the fund has had some very interesting times with considerable investment in a number of high profile Channel Islands businesses including Jacksons Group, Sandpiper CI, ASG, Acorn Finance and Guernsey Recycling. More recently the fund's first Isle of Man investment in facilities maintenance provider Prospero.
"Charles' experience and pragmatic approach has been invaluable in making the fund successful in delivering returns to the investors and we thank him very much for his contribution."
Jon Ravenscroft, Chief Executive of Ravenscroft, which acts as investment manager to Bailiwick Investments, said: "Sir Geoffrey brings substantial commercial experience from his time as an Advocate when he was a director of some leading companies in Guernsey and Jersey. As civic head of the community during his near seven year spell as Bailiff, he demonstrated a real passion for Bailiwick life. I am sure that this unique combination will be invaluable when looking at future investment opportunities in Guernsey, Jersey and the Isle of Man."
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