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Ipes Guernsey appoints managing director

Michel Davy has been appointed as managing director for Ipes in Guernsey. 

The appointment, which is an internal promotion, was approved by the GFSC earlier this month.

Davy will spearhead the development of the Guernsey business, overseeing key client relationships and taking a lead role in building relationships with the professional community. 

He will work closely with group chief executive Kevin Brennan.

“As Ipes has grown here in Guernsey and expanded into other jurisdictions, we now have a requirement for someone at a senior level to head up our Guernsey business,” says Brennan. “Michel’s experience on the operational side of the business and more recently in the commercial sphere, make him well placed to lead and develop the Guernsey business.”

Davy has been with Ipes since 2002. He joined originally as a fund accountant and forged a career path into management as client director in 2007. Latterly Davy was responsible for client relationships as head of client relationship management for the group. 

Before joining Ipes, Davy trained as a Chartered Certified Accountant with Ernst & Young, Guernsey.

Davy says: “I am looking forward to the challenges that lie ahead; this is an exciting time for the industry with many initiatives, both locally and internationally that will alter the funds landscape. 

“In addition, the relocation of the Guernsey office into a new address at Royal Chambers, planned for the end of the year is particularly welcome and demonstrates our commitment to grow our Guernsey business.”

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