Edward Devenport, a Jersey solicitor and partner at Mourant Ozannes, has been named vice chairman.
Strachan, a native of South Africa, was educated at Diocesan College in Cape Town and the University of Stellenbosch in Stellenbosch.
He trained as a chartered accountant in London with PricewaterhouseCoopers before moving to Jersey in 1998 to join PwC’s offshore tax group. He moved to Kleinwort Benson’s private equity and mezzanine funds team in 2001.
The Jersey Funds Association represents more than 70 corporations active in the island’s funds industry, ranging in size from small, Jersey-owned entities to such global businesses as State Street and JP Morgan.