VG reshapes funds team as industry veteran announces retirement

Wednesday 27 April 2022

VG is reshaping its senior funds team, with Trevor Norman announcing his retirement as a director from the end of this month, after 33 years with the company.

Mr Norman joined VG in 1988 and most recently headed up the company’s funds and Islamic finance team.

The firm says he was involved in the first Jersey domiciled Shariah-compliant fund in 1996, and an award winning Islamic financial leasing (Sukuk) transaction in 2004. While he steps down as a director, he will remain involved with VG for the foreseeable future as a consultant and will continue to be a director of various client entities. 

His directorial responsibilities will be covered by Steve Langan, who will oversee VG’s funds function led by Ashley Le Feuvre. They will be supported by long-serving Senior Manager, Paul Bulstrode, as well as Jonathan Manning, who joined VG earlier this year.

Mr Norman commented: “When I joined VG in 1988, I could never have envisioned the length of my tenure with the business, nor the sheer variety of work I’ve experienced. In particular, my Islamic finance work has taken me to places I never imagined visiting, to meetings with royalty and senior government officials and given me an insight into the Muslim world which I will look back on with fond memories. I am confident that VG will continue to provide excellent and innovative service to its clients over the coming years I look forward to supporting the business in my new capacity as a consultant.”

Iain Mason, Managing Director at VG, added: “Trevor has been an integral part of VG for more than three decades and has made an immeasurable contribution to the business through its growth from the corporate arm of a local law firm to a separately established and dedicated trust company, which has become one of Jersey’s leading independent fiduciary providers. We wish him all the very best in his retirement and are pleased that he will remain involved with VG as a consultant, where his expertise will be invaluable in supporting clients over the coming years. While Trevor will be missed in his day-to-day role, the rest of the funds team brings a wealth of expertise and knowledge, and we are sure that our offering will continue to go from strength to strength.”