Tony Brown, former Speaker of the House of Keys, has been elected as the new Chief Minister for the Isle of Man.
Following his appointment Brown, who has previously been in charge of a number of government departments including Health and Social Security, and Local Government, has confirmed Alan Bell will continue as Treasury Minister.
Bell has held the post for the last five years and has overseen a number of initiatives including the recent introduction of the New Manx Corporate Vehicle (NMV) and the introduction of the Island’s zero tax strategy.
Brown was appointed leader of the Island’s government by the Lieutenant Governor, Vice Admiral Sir Paul Haddocks, following the recent election to the House of Keys, first chamber of the Island’s parliament Tynwald, which are held every five years.
He says: “My government is committed to continuing the Isle of Man success story of the past two decades and to maintaining an environment where businesses and individuals can flourish. The task ahead is to build on the Island’s reputation as a competitive but responsible international business centre.”
And Bell admits he is delighted to be reappointed as the Treasury Minister and says he is looking forward to further developing the Island’s “vibrant, diverse economy”.
He adds: “The Isle of Man has an impressive track record as a quality international jurisdiction but we certainly won’t be resting on our laurels as we face up to the challenges and opportunities ahead.”
If you have any comments you would like to add to this story or would like to speak to its author about a similar subject, telephone Nyree Stewart on 020 7968 4558 or email [email protected]IFAonline
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