The Board of Guernsey Finance has announced that its Chief Executive Officer (CEO), Dominic Wheatley, is set to depart next year after more than five years in the role.
Guernsey Finance, which acts as a promotional agency for the island’s financial industry, reported that Wheatley will leave on 30 June 2020.
The recruitment process to find a successor to Wheatley is set to begin in January 2020.
“The board is grateful to Dominic for his commitment and performance over the last five years,” said Chairman Lyndon Trott.
“We move forward from a positive base with a strong team and strategy established, and on the back of very positive outcomes during 2019,” Trott continued.
“I shall be focused on recruiting the very best successor to work with the board to set and deliver the strategy for our collective future success as a specialist finance centre.”
Fellow director, and Chair of the Guernsey International Business Association (GIBA), Tony Mancini also stated: “GIBA continues to work with Guernsey Finance towards agreed aims, including a sustainable funding and operational base for the agency.”
“Obviously finding the best replacement for Dominic is key to this,” Mancini added. “We would like to thank Dominic for his service since 2014 and wish him well for the future.”
Wheatley further commented: “For the last five years I have had the great privilege and pleasure of leading the team here at Guernsey Finance and representing our island internationally. It has been five highly rewarding years and I would like to thank the board, the GF team, and all of our stakeholders for their support and hard work over this period.”
“However, the time has come to make way for new leadership to take Guernsey and Guernsey Finance forward and maintain their success into the future. I shall spend the next six months working with the board and the GF team and doing all I can to secure that future.”
