The latest moves and appointments in wealth management in the UK, the rest of Europe, the Middle East and other select locations.

Appleby
Law firm Appleby has boosted its capacity to deal with non-contentious Jersey trust and private client matters by hiring two experienced lawyers.

They include counsel Nichola Aldridge who brings 15 years of local experience and former partner advocate Giles Corbin who has joined the firm as a consultant, bringing 24 years of local experience to the Appleby offering.

They have both worked on a number of ultra-high and high value Jersey trusts and foundations and act for trustees, family offices and individuals, including settlors, beneficiaries and protectors, the firm said in a statement. 

Their expertise spans private trusts, mixed private and charitable purpose trusts, charitable trusts, will trusts, non-charitable purpose commercial trusts, employee benefit trusts and unit trusts. 

Alongside creating new bespoke structures and complex structuring and restructuring work, they have a particular interest in indemnity drafting to protect Jersey trust companies on matters of appointments of capital, retirement of trustees and upon the termination and restructuring of trusts, the firm continued.

Both are Jersey advocates and members of the Trusts Law Working Group, Foundations Law Working Group and Charities Law Working Group. Through these groups they contribute industry insight and guidance on amendments to those key laws, the firm said.

Aldridge said: ”I am thrilled to join Appleby at this exciting time, as we strive to grow the Private Client & Trusts practice in Jersey.” 

“Appleby has an excellent reputation for providing dependable, high quality advice and outstanding client service, and I am delighted to be part of the team,” she continued. 

Corbin added: “I am really enthusiastic about my return to private practice and look forward immensely to working with a top-class team of professionals to meet our clients’ needs.” 

“It speaks volumes about the great culture at Appleby that they have embraced my need for a degree of flexible working following an accident a few years ago which continues to have an impact on me. That support enables me to give my all for our clients and deliver the exceptional service and results they deserve.”

Welcoming them to the firm, Appleby Jersey office managing partner, James Gaudin, said: “They will bring valuable experience and skill to the non-contentious private client and trust offering which will provide a well-balanced full-service, working alongside our trust experts Fraser Robertson and Jared Dann in our Dispute Resolution practice.” 

Guernsey Finance 
Guernsey Finance has appointed Kate Storey and Paul Sykes to its board of directors, as representatives of the Guernsey International Business Association.

Storey is a Guernsey advocate with over 22 years of experience as a commercial lawyer, the firm said in a statement. She has spent the last 16 years in Guernsey practising financial services law, specialising in investment funds and financial transactions. She is also a Guernsey insurance expert.

In addition to Guernsey Finance, she sits on the executive committee of the Guernsey Investment & Funds Association and the Market Development Committee of the Guernsey International Insurance Association, the firm continued. She is also past chair of the Guernsey Commercial Bar Association and the GIIA Pensions De-risking committee.

Sykes is managing director of Aon Insurance Managers in Guernsey – Europe’s largest (re)insurance management company – which also includes the White Rock PCC and ICC companies. He originally trained with Royal Insurance, before setting up Aon’s operations in Malta and Gibraltar, the firm said.

He has chaired most of the insurance trade association and professional bodies in Guernsey and is currently the deputy chairman of the Guernsey International Business Association. 

Welcoming them to the board, chief executive, Rupert Pleasant, said: “Kate and Paul each bring a wealth of knowledge and experience, not only in funds, insurance and law, but more generally throughout financial services too, which will be a huge asset to have within Guernsey Finance.” 

“I would also like to take this opportunity to thank our outgoing directors, Marie McNeela and Christopher Jehan, for their valuable contributions to Guernsey Finance during their time in the role,” he added.