Active Jersey makes three senior appointments

Increasing interest and the growth of services provided by the Active Group has resulted in three senior appointments in the Jersey office.

Joining the team in Jersey are Luciano Brambilla, Susan Wall and Paul Le Quesne.

Luciano joins the Active board having previously worked as head of client compliance services and registered Compliance Officer and Money Laundering Compliance Officer at State Street (Jersey) Limited. He also worked at the Jersey Financial Services Commission for 6 years conducting supervisory visits and authorising collective investment funds and investment businesses. After leaving the Commission Luciano was Head of Compliance at a number of institutions and was responsible for the compliance of regulated funds, trust and investment businesses.

Sue brings with her 30 years experience in the Finance Industry, predominantly in the banking and trust sectors and has been involved in compliance since 2000. In 2008, she applied her knowledge in assisting with the set-up of a new bank which offers Private Banking Services to High Net Worth Individuals, and implemented systems, procedures and staff training prior to accepting the position of Compliance Officer, Money Laundering Compliance Officer and Money Laundering Reporting Officer with Active.

Paul began his career in finance in 1981 in the audit department at Coopers and Lybrand. For the past 14 years Paul has led the Channel Islands team for Thomson Reuters establishing strong relationships with all key financial institutions providing data and workflow solutions across the enterprise.

Commenting on the appointments, Mark Hill, Director of Active Services (Jersey) Limited said: "Sue's and Luciano's appointments brings to the group exceptional compliance, governance and regulatory skills as well as an excellent knowledge of fund, banking and corporate structures. Strong expertise in fund and corporate administration combined with over thirty years of experience will ensure that our customers and clients receive exemplary service.

Paul's appointment brings to the group an expertise in business development and client management reflecting our aspirations and goals in the continued growth of our business".

Luciano said: 'This new appointment comes at a very interesting time for the offshore funds industry as service providers look to mitigate risk, advocate the use of independent directors on the boards, use independent Managers of Managed Entities and promote the highest levels of governance. Having previously been responsible for the MoME compliance, AML and corporate governance of 60 plus managed entities I look forward to applying this experience to Active's growing MoME business.'

'Also with higher risk clients being taken on as a result of the recession and credit crunch, being vigilant and ensuring that all staff including directors and NED's receive appropriate anti-money laundering training is of paramount importance'.

Sue added: This is also an interesting time as service providers look to bolster their internal resources or seek independent assessment of their compliance and governance systems and procedures.

Paul concluded by confirming his own goals to broaden the company's expansion into these areas and that he was looking forward to the challenge of being instrumental in this growth.

Founded in 2001, Active Group offers independent outsourcing and compliance support services to small, medium and large financial services businesses through a team of 50 specialists in Guernsey, Jersey, Cayman, Malta and the Isle of Man. The range of services available includes compliance, fund support, incubation, company secretarial, human resources, consultancy and fund administration.