Guernsey Finance deputy chief exec to step down

Guernsey Finance deputy chief executive Kate Clouston will be stepping down from her role to join offshore law firm Collas Crill next year.

The promotional agency is now seeking a new specialist in business development overseas.

Clouston joined Guernsey Finance in 2015 and has been credited for making significant progress in the Asian and US markets.

“Kate has made a tremendous impact in the time she has been with us,” said Guernsey Finance chief executive Dominic Wheatley. “In particular she has helped to transform the success of our efforts in China and Hong Kong, and I know her work has been well respected by the local industry. I am delighted for Kate to have this new opportunity and wish her well for the future.”

Wheatley continued: “Kate has been a ‘face’ of Guernsey Finance internationally and now it is time for someone else to take on that mantle. I am proud of the role that we have been able to play in her development. Guernsey Finance creates opportunities for people in the island’s financial services industry to enhance their knowledge and connections and serve the industry in its broadest form.

“We will now look to recruit a replacement for Kate, specialising in global business development, and look to build on her good work. She will be a hard act to follow.”

Clouston said: “I’d like to thank Guernsey Finance for this amazing opportunity over the past four years. I have gained a thorough insight into how the industry works in Guernsey and it has been an honour to promote the Guernsey finance industry, particularly when the work done in the island is of such a high standard and respected internationally.”