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Guernsey Finance chief quits to head up CISE

Fiona Le Poidevin has resigned as chief executive of Guernsey Finance, the promotional agency for the island’s finance industry internationally, to head up the Channel Islands Securities Exchange (CISE).

She will leave in early 2015 to become chief executive at the CISE, which is responsible for the day to day administration and marking operations of the new exchange.
 
CISE is the parent company of the Channel Islands Securities Exchange Authority (CISEA), which is responsible for operating and regulating the exchange.
 
Jon Moulton, chairman of the CISE says: “I am delighted that Fiona has decided to join us as chief executive. She brings with her tremendous experience from a varied career in finical services and is extremely well-respected within the industry in the Channel Islands. She will be instrumental in helping us drive forward the new exchange so that not only is it for purpose, but it has an offering which is attractive to clients and their advisers in the marketplace of today and tomorrow.”
 
Jim Gilligan, chairman of Guernsey Finance, says: “The board is disappointed that Fiona has tendered her resignation but we would like to thank her for the invaluable contribution she has made to Guernsey Finance. Since Fiona joined us nearly four years ago, her commitment and professionalism have been exemplary and she has been instrumental in helping drive the agency forward during the last two years in the role of chief executive.”
 
Le Poidevin (pictured) joined Guernsey Finance as technical director and deputy chief executive in early 2011 and succeeded Peter Niven as chief executive in July 2012.
 
Le Poidevin says: “Leading Guernsey Finance has been a huge honour and a tremendous experience. I would like to thank the board and the team at Guernsey Finance for their support during my time here and now it is vital that I leave Guernsey Finance in a strong position and ensure a smooth transition to my successor.
 
I am very much looking forward to join gin CISE at the start of 2015. It promises to be a very challenging but exciting role and one which I believe is important for the whole of the financial services community in the Channel Islands. There is enormous potential within the new exchange and I look forward to unlocking it along with Jon, the other directors and the rest of the team.”

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