Guernsey Finance targets more markets with new role

Guernsey Finance has named Kate Clouston as its first director of international business development

Guernsey Finance targets more markets with new role

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A former programme head for independent think tank Royal United Services Institute (RUSI), Clouston came on board this month with responsibility for leading additional international business development work, with a particular focus on evaluating and developing new geographical markets.

She will also be involved in development strategies around emerging financial products and attracting new companies to Guernsey.

At RUSI, Clouston was involved in defence and security research, and she has also worked as a media analyst for Edelman StrategyOne and as a senior researcher at the House of Commons.

She can also speak six languages including Chinese and Arabic.

Dominic Wheatley, chief executive of Guernsey Finance, said he “looked forward to working in tandem with her as we target new markets and products for the benefit of Guernsey’s finance industry”.

Earlier this month, the Italian Ministry of Finance took Guernsey off its revised tax blacklist of tax havens as a result of improved standards on exchanging tax information.

Guernsey was among the first set of jurisdictions placed on the OECD ‘white list’ for exchange of information standards in 2009. A Tax Information Exchange Agreement (TIEA) with Italy was signed in September 2012 and came into force earlier this year.

 

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