A new organisation – the Channel Islands Wealth Management Association (CIWMA) – has been created to represent Channel Islands investment management firms.
The CIWMA aims to provide a unified voice for investment managers, enabling members to collaborate while continuing to uphold high standards of professional development and integrity.
It is led by Chair Simon O’Donoghue (pictured), Partner at TEAM Asset Management, and Vice Chair Mo Baluchi, Senior Manager at Standard Bank, with a committee comprising:
• Euan Dangerfield, Client Director, Cazenove Capital Management
• Richard Hughes, Deputy CEO, Brooks Macdonald
• Mehul Kotedia, Founder/Director, Mekad and KYCme
• Aimee Maskell, Owner, AM to PM Secretarial Services
The CIWMA intends to liaise with local and international industry associations and build alliances with bodies such as the Personal Finance Society, the Chartered Institute of Security and Investment and the Institute of Directors.
It will also engage with government bodies including the Jersey Financial Services Commission and Guernsey Financial Services Commission, Jersey Finance and We are Guernsey.
At this stage of the association’s development, firms holding Jersey-regulated investment business (A, B, C) licences and Guernsey-regulated (Protection of Investors) investment licensees are invited to be members.
A range of initiatives are being planned, including the formation of sub-committees encompassing technology, diversity and education.