The board of Guernsey Finance has appointed Lyndon Trott as its chairman, effective 1 December.
Trott will replace Jim Gilligan, who is retiring from the position having served as chairman since 2006.
Trott commented: “I am delighted to have been invited by the States of Guernsey and the Guernsey International Business Association (GIBA) to support the promotion of Guernsey’s finance sector in this way.”
In 2004, Trott was elected as Guernsey’s first treasury minister and progressed to become chief minister in 2008, which he held until 2012. In addition, he has also been a member of the Guernsey Finance board since 2013.
Dominic Wheatley, chief executive of Guernsey Finance, said: “The executive team at Guernsey Finance have highly valued Jim Gilligan's support and input over his nine years as chairman.”
He added: “We now look forward to Lyndon Trott carrying on Jim Gilligan’s outstanding work as chairman and we are excited by the financial, political and international experience he brings to the role. This is a key time for Guernsey's economic development and to have Lyndon Trott involved will significantly strengthen the team's capabilities and effectiveness.”
