Jersey Finance appoints global head of business development

He will be working with Sean Costello, Jersey Finance's Chief Representative in the Gulf and India, who is based in Abu Dhabi and Zhaoan Li, Jersey Finance's Head of Greater China Business Development in Hong Kong.

Richard will also focus on extending the profile of Jersey's finance industry in the UK, Europe and Russia.

He joins Jersey Finance from the banking sector where he has held senior roles with Barclays Wealth and Royal Bank of Scotland International in a number of financial centres, most recently as Director for Barclays Wealth in Jersey.

Commenting on the appointment Geoff Cook, Chief Executive of Jersey Finance, said, "I am delighted that we have been able to recruit such a high calibre individual as Richard to lead our overseas business development activities. He has a wealth of experience both in Jersey and in international markets and I know that his knowledge, drive and energy will be enormously helpful in harnessing the numerous business growth opportunities which lie in both our traditional and developing markets."

An experienced banker, Richard has been privileged to work with a wide range of international clients across the corporate, institutional and private client sectors. This deep understanding of client needs and breadth of sector knowledge will support the continued development of Jersey as a successful and increasingly diverse financial centre.

Richard Corrigan commented, "With ever increasing mobility of international capital it is vital that Jersey seeks out fresh opportunities and new markets whilst continuing to invest in the strong relationships that have served us so well within the United Kingdom, particularly the City of London. I look forward also to working with Sean and Zhaoan who will continue to have a pivotal role in all the activity undertaken by Jersey Finance across the Middle East, India and the Far East as we seek to stimulate increased business for the jurisdiction and continue to reinforce the view amongst international practitioners of Jersey as a well-regulated and respected international finance centre."