Deloitte UK's offices in the Channel Islands, Gibraltar and the Isle of Man are merging to create a single audit and advisory offering across the four offshore jurisdictions.
John Clacy (pictured right), based in Guernsey, takes on a new leadership role with a broader financial services reach across the UK firm.
In addition to the three islands and Gibraltar, John will be responsible for Deloitte UK’s financial services audit business focusing on pensions, UK-regulated funds, fintech, broking and associated businesses.
Meanwhile, Jersey Partner Theo Brennand (pictured left) has been appointed CEO of the new pan-island business, with Siobhan Durcan taking on the COO role.
Theo will continue to lead Deloitte's Private Equity and Asset Servicing teams, with Siobhan continuing to lead Deloitte's Real Estate business.
Before joining the Jersey office in 2017, Theo spent 15 years working for Deloitte in the UK. Siobhan has more than 23 years’ experience with Deloitte in the Jersey market.
Deloitte's Gibraltar office will be led by Reshma Bhambhwani, while the Isle of Man and Guernsey teams will remain under the leadership of Partners Matthew Bainbridge and David Becker respectively.