Guernsey Finance takes broader strategy role with key appointment

27 July 2018

Guernsey Finance is set to take a broader role in the development of the island’s financial services sector through the permanent appointment of Dr Andy Sloan as Deputy Chief Executive, Strategy.

Dr Sloan has been Acting Director of Strategy on part-time secondment from the Guernsey Financial Services Commission for the past nine months. He now joins permanently to oversee development of jurisdictional-wide financial services strategy through Guernsey Finance in line with the role set out in the Committee for Economic Development’s recently approved Economic Vision.

Dominic Wheatley, Chief Executive of Guernsey Finance, said: “Dr Sloan complements the strong team at Guernsey Finance, bringing with a broad mix of experience in international financial services, strategy regulation, policy and economic expertise. I am delighted he is joining us permanently to develop jurisdictional strategy for finance services to build on the work undertaken by the agency this year.”

Dr Andy Sloan, Deputy Chief Executive, Strategy, said: “I am delighted to be taking on this challenge and look forward to working with the team at Guernsey Finance, the States of Guernsey, the Commission, and with GIBA [the Guernsey International Business Association] and the sector associations. In this new role I hope to be able to bring together all stakeholders to focus on a common purpose and provide consistency, co-ordination and leadership to help drive development of the sector as we move towards 2020.”

David Oxburgh, Chairman of the Guernsey International Business Association, the representative body for the financial services industry in the island, also welcomed Dr Sloan’s appointment. He said: “Andy is well-respected among the Guernsey financial services community and I can think of few other persons as suitable and capable to develop this broader strategy role for Guernsey Finance.”

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