Jersey Finance has appointed Tom Powell as Business Development Director for Funds. Powell, who is based in Jersey, will be focused on promoting Jersey’s funds sector. With the total net asset value of funds under administration in Jersey standing at its highest ever. Powell will be emphasising Jersey’s proactive environment for managers seeking to market into both mainland Europe and to the UK post-Brexit, through national private placement regimes, while offering flexibility to access markets beyond Europe.

Prior to starting his new role, he was Head of Sales and Investor Relations at Altis Partners with input on the investment committee, and brings 16 years of accumulated trading, sales and asset raising experience in the funds sector. He has a BA hons in Business in Europe and studied a Maitrise in Commerce Internationale at the Université Blaise Pascale, Clermont Ferrand. He is fluent in French and Italian.

Geoff Cook, CEO, Jersey Finance, said: “Having Tom on board with Jersey Finance will be a huge benefit to the business development team. As the funds sector in Jersey goes from strength to strength, Tom’s knowledge and expertise in the area, particularly that of exchange traded derivatives, will ensure that both Jersey Finance and the funds sector retain that positive momentum.”