Guernsey Finance unveils new CEO
Guernsey Finance has unveiled a new chief executive, as the organisation looks to move on following the resignation of Rupert Pleasant in mid-November.
Barnaby Molloy (pictured) had been acting CEO since Pleasant moved on.
Guernsey Finance has not specified the reasons for Pleasant’s resignation, but confirmed in a statements to media it followed an investigation into conduct that “falls significantly short of the standards we expect.”
Molloy has been with Guernsey Finance for over nine years, with three and a half years as its deputy CEO.
Paul Sykes, chair of Guernsey Finance, said: “Following a rigorous process, the Board is pleased to confirm Barnaby Molloy as our new chief executive. Barnaby has played a central role in leading Guernsey Finance in recent years and delivering its campaigns and strategic objectives. He is closely involved in the jurisdictional strategy work, the Finance Sector Policy Framework, already underway.
Jo Peacegood, Guernsey Finance Independent non-executive director and chair of the Guernsey International Business Association, added: “Barnaby is a well-respected figure within the sector and has built strong, positive relationships with industry leaders and senior stakeholders. 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.”
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