This publication brings more news of moves in the global wealth management market.

Nautilus, the Jersey-headquartered trust company, has appointed two people to its senior team. Michael Goulborn will replace Jan Kenny as executive director, who will remain a consultant to Nautilus, and Peter Cheesley will fill the newly-created role of head of business development.

As Goulborn takes over as executive director, he will join the board of Nautilus as well. He will be responsible for managing the financial and estate planning interests of a portfolio of private clients, including the administration of a range of structures such as discretionary trusts, foundations and private trust companies. Goulborn will specialise in establishing and administering trust and fiduciary structures for high net worth individuals and their families, Nautilus said in a statement.

As the new head of business development, Cheesley will lead the company in developing its position in the offshore trust market and growing its client base.

Goulborn previously worked at Carey Olsen, the offshore law firm. He gained experience with a number of law firms in the City of London before relocating to Jersey in 1999 and qualifying as a Jersey Advocate in 2004. He qualified as an English solicitor in 1992 after a career in the Royal Air Force.

Cheesley comes from offshore law firm Ogier. He has worked with marketing and business development for more than 20 years. He has experience from working in the banking, legal and fiduciary sectors in London and Jersey, holding positions with leading banks and a "magic circle" law firm.

Nautilus is an independent trust company with headquarters in Jersey. It expanded by opening offices in Mauritius in December 2013 and in Hong Kong in January 2014.