The Guernsey Financial Services Commission has appointed two new Commissioners.
John Aspden (pictured top) has significant experience in investment and banking supervision in the public and private sectors.
He was Chief Executive of the Financial Supervision Commission in the Isle of Man from 1998 to 2015, where he was responsible for the regulation and supervision of all banking, securities and funds, trusts and companies, and money transmission activities.
Prior to this he held roles in the private sector, including Managing Director of Matheson InvestNet, at the time Hong Kong’s largest independent distributor of, and adviser on, collective investments for retail investors.
John has also held the role of Deputy General Manager of the International Bank of Asia and has worked in banking supervision at the Bank of England and at the Office of the Commissioner of Banking in Hong Kong (now HKMA).
He is also Chairman of the Group of International Finance Centre Supervisors and was awarded an MBE for his work in financial services supervision.
The second new Commissioner is Philip Middleton, a senior financial services strategist with significant recent experience advising government, central banks and financial institutions on crisis related issues.
Since 2015, he has carried out consulting and advisory work in central banking and financial services through Rifle House Capital.
He is also an active member of various thinktanks – he has been Deputy Chairman of global banking forum OMFIF (Official Monetary and Financial Institutions Forum) for the past three years.
Philip has had a wide range of experience in the private sector, holding various roles within KPMG, including Partner and European Head of Financial Services Strategy, and within Ernst & Young, including Partner and Head of Central Banking, EMEIA.