Captive expert Malcolm Cutts-Watson has become a member of the international advisory panel for the Labuan International Business and Finance Centre (IBFC), having been invited by the Labuan Financial Services Authority.
Cutts-Watson is the founder and managing director of Cutts-Watson Consulting, which provides consulting services to the captive industry.
He will start in the role on 15 July, and will hold the position for a two-year period.
Commenting on the role, Cutts-Watson said: “I am delighted to assist LIBC strengthen its captive proposition. The emergence of Labuan as a serious captive domicile brings more choice to captive owners and can only be good for the industry.”
Guernsey International Insurance Association recently appointed Cutts-Watson Consulting to provide strategic and technical support to its executive committee and functional sub committees.