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Media Release

London representative sought as Guernsey Finance builds links with the capital

London representative sought as Guernsey Finance builds links with the capital

Monday 15 January 2018

London representative sought as Guernsey Finance builds links with the capital


MEDIA RELEASE: The views expressed in this article are those of the author and not Bailiwick Express, and the text is reproduced exactly as supplied to us

Guernsey Finance plans to build on its connections with London in 2018, including seeking to appoint a permanent London-based representative for the first time.

The promotional agency for the island's finance industry said that the move recognised the crucial two-way business relationship between the island and the capital, and especially its likely importance following Britain’s withdrawal from the European Union in 2019.

“Guernsey’s finance sector has strong ties with the City of London, offering a complementary offshore business environment. We are looking for a London representative to help drive this relationship forward at this critical time,” said chief executive Dominic Wheatley, who travels regularly to London.

Mr Wheatley expected that the successful applicant would have experience in business development and would already be working in, or have experience of working in London. The promotional agency already has representation in China, Hong Kong and Dubai.

In developing its London connections, Guernsey Finance has also established links with TheCityUK, the industry-led body for UK-based financial and related professional services, and its chief executive, Miles Celic, is the keynote speaker for the agency’s annual industry update on Wednesday 24 January at St James Concert and Assembly Hall.

Mr Celic will discuss his organisation’s work in the UK, how Guernsey’s financial services sector fits with its remit, and TheCityUK’s involvement in positioning London and the wider UK market for a successful post-Brexit future.

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