11 December 2019Insurance

Guernsey finance chief executive to leave role in June

The Board of Guernsey Finance CEO Dominic Wheatley is to depart after more than five years of service.

Wheatley will leave the promotional agency on the 30 June 2020, having been in the role since December 2014.

Chairman Lyndon Trott said: “The board is grateful to Dominic for his commitment and performance over the last five years. We move forward from a positive base with a strong team and strategy established, and on the back of very positive outcomes during 2019. “I shall be focused on recruiting the very best successor to work with the board to set and deliver the strategy for our collective future success as a specialist finance centre.”

Fellow director, and chair of the Guernsey International Business Association, Tony Mancini added: “GIBA continues to work with Guernsey Finance towards agreed aims, including a sustainable funding and operational base for the agency. Obviously finding the best replacement for Dominic is key to this.

“We would like to thank Dominic for his service since 2014 and wish him well for the future.”

Wheatley commented: “For the last five years I have had the great privilege and pleasure of leading the team here at Guernsey Finance and representing our island internationally. It has been five highly rewarding years and I would like to thank the board, the GF team, and all of our stakeholders for their support and hard work over this period.

“However, the time has come to make way for new leadership to take Guernsey and Guernsey Finance forward and maintain their success into the future. I shall spend the next six months working with the board and the GF team and doing all I can to secure that future.”

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24 July 2018   A new single structure for conducting both the fund and insurance element of insurance-linked securities business is being devised in Guernsey.
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4 March 2020   He replaces Dominic Wheatley who is due to leave the role in June.