En Voyage_Issue#11_Flickbook

Dame Helena Morrissey, one of Britain’s leading diversity
campaigners, said the pursuit of diversity in financial services
needs to go ‘well beyond the boardroom’.
Speaking on the day she launched the ‘Girl Fund’ with
her firm, Legal & General Investment Management,
which prioritises investing in companies where women
are well represented at all levels, Dame Helena said that
boards can ‘resemble retirement homes of the great
and good’ and with a need for more fresh thinking
‘women are one of the most obvious places to start’.
‘The shake-up of the boardroom is very unfinished
business. It should be about what’s the collective intelligence
of the team, rather than people with great CVs.’
Guernsey’s stability and security makes it wellplaced
to help fund managers overcome Brexit
uncertainty over the next couple of years, an expert
panel agreed at the annual Guernsey Funds Forum.
The island’s long-standing stability and experience
in operating as a ‘third country’ outside the EU were
highlighted in a wide-ranging panel discussion.
Janwillem Acket, Chief Economist at Bank Julius
Baer, said London and Guernsey still had opportunities
to seize from the changing times linked to Brexit.
‘Capital is very mobile and that is something we should
never forget. Capital goes where it gets the best service.
London has a great reputation, but you have to look to
improve your service and make yourself so competitive,
when you lose the passport you still operate successfully.
‘Guernsey has done this quite well as a non-EU jurisdiction,
using both sides of the coin and doing a good job. You
can be a nice model for the reaction pattern London
should take to react to the loss of the passport.’
Lawyer Leith Moghli said that he was advising clients
that unless they had a specific reason to domicile in
Luxembourg, there were advantages in setting up in
Guernsey. ‘National Private Placement works better
than the passport regime, it’s cautious and flexible.’
Guernsey Finance Chief Executive Dominic Wheatley
said; ‘The uncertainty caused by Brexit also provides
an opportunity for Guernsey, both for innovation and,
together with the UK, to develop working models to
help managers through the transition process. We have
repeatedly been held up as a model for the UK to follow
post-Brexit as a third country outside the EU and it was
reassuring to hear that if the money will follow where
services are best, then Guernsey is ideally placed.’
Read more from the Guernsey Funds Forum
on the blog at WeAreGuernsey.com.
Address PO Box 655, Somers House,
St Peter Port, Guernsey, GY1 3PN
Phone +44 (0) 1481 720071
Twitter @WEAREGUERNSEY
Email info@weareguernsey.com Web weareguernsey.com
ABOVE LEFT TO RIGHT:
ALEX BARR, FIONA CARPENTER, JANWILLEM ACKET,
JULIAN ADAMS AND LEITH MOGHLI
TAKE PART IN A PANEL SESSION
MEET THE TEAM
Adrian Norman joined Guernsey Finance in
April as the promotional agency’s new London
Representative. Here, we find out a little more
about him and his role at the company.
Name Adrian Norman
Position London Representative
Responsibilities To further develop business
ties with the capital by connecting London
professionals with Guernsey practitioners,
continue to promote the island’s finance sector
to a wider audience (which consists of banking,
private wealth, investment funds, insurance
and pensions) and educate about Guernsey’s
financial services.
When did you join Guernsey Finance?
April 2018.
Favourite aspect of the job? Meeting people and
exploring potential new business opportunities,
keeping abreast of market and industry
developments, as well as the challenges they face.
How might people know you away from
Guernsey Finance? I was born in and went to
school in Guernsey. After 20 years working there
in banking, funds and private wealth I moved
to London, where I have been for the last five
years. Outside of work I enjoy keeping fit and
keeping up with current affairs. I also undertake
some charity work, assist a friend with his record
company and attend a lot of music events.
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