The Jersey Financial Services Commission (JFSC) has named Martin Moloney as its new Director General.
Experienced in developing and influencing European and global regulatory policies, as well as managing operational change, Martin has a strong record of career achievements.
He is currently a Special Adviser on Risk and Regulation to the Central Bank of Ireland (CBI), where he has served for the past 16 years, previously heading the Markets Policy, Markets Supervision, and Legal and Finance Divisions respectively.
Prior to joining the CBI, Martin worked for brief periods in the Department of Justice and the Irish Competition Authority, and spent 10 years in the Irish Department of Finance in positions of responsibility relating to national and semi-state debt management and the sale of state banks.
He spent his early career working for Barclays Bank and the Bank of Ireland in London.
Martin is a member of the Board of the International Organization of Securities Commissions (IOSCO) and he is an alternate member of the European Securities and Markets Authority (ESMA), as well as Chair of the latter’s Investment Management Standing Committee.
He has also been Chair of the European Systemic Risk Board’s Expert Group on Investment Funds and has represented Ireland on the EU Committee of Securities Regulators.
JFSC Chairman Lord Eatwell commented: “We welcome Martin to the JFSC. He has a sophisticated regulatory background, a wealth of international connections, and a detailed understanding of the fundamental issues we face as the regulator of an offshore finance centre in a small jurisdiction, particularly at this challenging time for financial services globally.”
Martin will begin his five-year term as Director General from 28 February, although he will be contributing to the JFSC before this date.
He will automatically become a member of the JFSC Board of Commissioners, while Julian Lamb, Director of Registry, will continue to serve as Registrar.