Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

33962

Finance Isle of Man appoints new Non-Executive Chair

RELATED TOPICS​

Finance Isle of Man, an Executive Agency within the Department for Enterprise, has appointed a new Non-Executive Chair to its board. Sue Preskey will take up the role as Aidan Doherty steps down after holding the position for the last two years.Finance Isle of Man was created to support the growth of the financial sector in the Isle of Man, whilst promoting the Island internationally as a preferred centre for doing business. The agency is a public-private partnership made up of a diverse mix of members from the Island’s finance and professional services sectors.

Sue Preskey, Managing Director of local corporate service provider The Law Trust Limited, has over 30 years’ experience in the UK and international financial services as both a practitioner and a regulator. She has held senior roles across a range of financial services businesses including fiduciary, banking, investment, funds, and captive insurance. Sue has previously chaired local branches of The London Institute of Banking & Finance and the Chartered Institute for Securities and Investment. She is also a committee member of the Isle of Man Institute of Directors.

Peter Greenhill MLC, political member with responsibility for the Finance Isle of Man board, says: ‘I am very pleased with this appointment and look forward to working with Sue as our new agency Chair. Sue is a well-respected business leader and has a very good understanding of the key economic challenges and opportunities that we currently face as an Island. Her high level of experience and knowledge of the industry will be instrumental in developing and implementing a strategy for the agency as we continue to position the Isle of Man as a centre of excellence within the financial sector.’’

‘I would also like to take this opportunity to thank our previous Chair, Aidan Doherty, for his invaluable strategic leadership and guidance over the last two years and for helping us to focus on areas where we can make a real difference, including jurisdictional promotion of the Isle of Man.’  

Aidan Doherty, who will continue to act as Non-Executive Chair of the board until December 2020 says: ‘As I step down as Chair I am delighted to leave the agency board in the capable hands of Sue Preskey, who brings with her a wealth of knowledge, experience and enthusiasm. The next 12 months will be a crucial time for Finance Isle of Man to deliver its ambitious goals and I wish Sue and the agency all the best for the future.’

Sue Preskey will chair her first board meeting in December.
 

Latest News

MSCI has launched MSCI AI Portfolio Insights, writing that it combines generative artificial intelligence “GenAI”..
The Capgemini Research Institute’s World Wealth Report 2024, published today, reveals the number of high-net-worth..
New research from cloud security firm Zscaler reports a disconnect between European company confidence in..

Related Articles

Waves
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published, entitled The urgent need for better ocean-related data to make informed investment decisions...
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published,..
Frozen soap bubble
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct Authority says has a simple aim: “Financial products that are marketed as sustainable should do as they claim and have the evidence to back it up.”..
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct..
Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by