It follows the appointment of Ian Gibson as chief executive of Standard Bank Offshore.
Mr Gibson has moved from the bank’s office in London and brings with him responsibility for the South African group’s asset management and private client business.
In addition, he has direct responsibility for the Standard Bank Offshore operations in Jersey, the Isle of Man and Mauritius.
orn and educated in South Africa, Mr Gibson qualified as a chartered accountant in South Africa in 1984 and worked for Arthur Andersen in Cape Town and London.
He began working in the banking industry in the City of London in 1987 and in 1992 joined Standard Bank in London as Financial Controller when the group opened its international operations there.
He was appointed finance director in 1996, joining the board and executive committee of the bank in London.
In 2002, he was given responsibility for the bank’s international asset management and private client business in London.
igel Simpson, who as managing director of Standard Bank Offshore oversaw the integration process following the group’s acquisition of the Lazard business in the Island, has been appointed deputy chairman and will concentrate on international business development.
It was decided earlier this year that the international asset management business should also have its headquarters in Jersey alongside the offshore operations,’ said Mr Gibson.
‘Jersey is fundamental to the group’s offshore business and this move is a further indication of the value of the jurisdiction to the group.