Jersey Finance has announced that its chief executive, Phil Austin, will step down in May in order t...
Jersey Finance has announced that its chief executive, Phil Austin, will step down in May in order to return to a senior role within the commercial sector.
Austin, who has been chief executive at Jersey Finance since its inception in 2001, is to become managing director of Equity Trust in the Channel Islands.
The Board of Jersey Finance has already begun the process that will lead to the appointment of Austin's successor.
Austin said: "I have accepted an invitation to go back into the Industry with Equity Trust, which is a leading independent trust and fiduciary business, at a significant time in its growth.
"I have enjoyed my five years at the helm of Jersey Finance immensely, particularly as I was involved from the outset and was able to help develop the concept and then lead the promotion of Jersey into the Industry's key global markets."
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