GoldMoney promotes two new local Directors following its acquisition by BitGold Canada.
The new roles come as the completed acquisition sets the framework for the first global, full-reserve and gold-based financial services business.
Katy Millington has been appointed Director of GoldMoney’s Jersey-based entities and General Counsel of GoldMoney Group, which includes both the BitGold and GoldMoney subsidiaries respectively.
Previously, she held the role of Legal Counsel and Head of Compliance for GoldMoney, since she joined the company in 2013. Prior to this she was an Associate with Collas Crill, Jersey, and Steptoe & Johnson LLP’s London office, where she worked within the dispute resolution & regulatory teams.
She said: “The acquisition by BitGold allows us to continue serving our valued clients while benefitting from our Canadian parent’s innovative technology. I am so excited to be a Director at this fantastic time for our business; we are currently recruiting and our development can only be a good contributor to Jersey’s global reputation as the newly enhanced company expands its international reach.”
Kerry Sharman has also been appointed Director of GoldMoney’s Jersey-based entities and Head of Operations for the Jersey-based business.
He was formerly Head of Finance and Risk with GoldMoney, but his new role will also encompass dealing, settlements, and information technology. He has been at GoldMoney for nearly three years and came to the company with vast investment experience.
Mr Sharman said: “This is a dynamic industry and one which is expanding worldwide as people look for alternative methods to preserve their wealth. The timing of the BitGold deal couldn’t be better and I am really looking forward to working with the team here and our new colleagues in Canada, and taking the business forward.”
Roy Sebag, GoldMoney’s CEO said, “We have made these promotions from within the legacy company to provide for stability and continuity. Both Kerry and Katy have an excellent track record and I’m pleased that they will keep a steady hand on the Jersey business as we forge ahead with our joint global plans.”
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