Barnaby Molloy is confirmed as the new Chief Executive of Guernsey Finance, a move that the organisation says marks the beginning of a new chapter for its work to promote the island’s finance sector. Molloy takes the top leadership role after spending over nine years with the agency, including three and a half years as its Deputy Chief Executive. He brings a proven record of strategic leadership, clear and effective communication, strong governance experience, and a deep understanding of the finance sector. Paul Sykes, Chair of Guernsey Finance, comments that the board is pleased to confirm Molloy's appointment following a rigorous process. Sykes states: “Barnaby has played a central role in leading Guernsey Finance in recent years and delivering its campaigns and strategic objectives. He’s closely involved in the jurisdictional strategy work, the Finance Sector Policy Framework, already underway.” Sykes adds: “He is an excellent communicator and has consistently demonstrated his commitment to the success of Guernsey’s finance sector. His proven track record of delivery means that, at an important time for the organisation, his appointment brings both a fresh approach and continuity, ensuring a stable platform for the next phase of our work and economic growth.” Under Molloy’s leadership, Guernsey Finance maintains its strategic direction, with a continued focus on sustainable industry growth, international engagement, and close collaboration with members and global partners to advance strategic priorities. Commenting on his appointment, Molloy says: “I am pleased to take on the role of Chief Executive at a time of both opportunity and challenge for our finance sector.” He says his focus will be on continuing to build on the strong foundations already in place, working closely with members and partners to strengthen the island’s global profile and support long-term, sustainable growth. Jo Peacegood, Guernsey Finance Independent Non-Executive Director and Chair of the Guernsey International Business Association, notes that Molloy is a well-respected figure who has built strong, positive relationships with industry leaders and senior stakeholders. Peacegood says: “He brings valuable experience and sound judgement, and his appointment provides consistency for our stakeholders and partners whilst also coming at an important time for the finance sector with respect to the future strategic direction, and considering how Guernsey Finance can assist in delivering those strategic priorities.” Deputy Sasha Kazantseva-Miller, President of the Committee for Economic Development, welcomes the appointment. She states: “Barnaby has the necessary experience and the long-standing relationships across the Guernsey financial services industry to successfully lead the organisation into its next chapter.” The Committee looks forward to working closely with Molloy and the Guernsey Finance Board to continue championing Guernsey’s strengths as a world-class financial centre on the global stage.
