People
Jersey Finance has appointed Heather Bestwick (pictured) to the new role of Deputy Chief Executive Officer. She will maintain the role of Technical Director, leading the Jersey Finance technical programme, but will have additional responsibility for several operational functions including human resources, finance and IT.
An English solicitor and former Managing Partner of the Jersey office of international law firm Walkers, Bestwick joined Jersey Finance in 2010.
Geoff Cook, Jersey Finance Chief Executive Officer, says: "Heather’s appointment to the new role of Deputy CEO reflects the growing remit of Jersey Finance and in particular, our strategy to support the industry
Anson Group Limited has appointed Professor Richard Conder as its new chairman and Melville Trimble as a new director. Both appointments are non-executive and took effect from Friday 9 March 2012.
Professor Richard Conder retired in 2011 from being the Chief Executive of the GTA University Centre in Guernsey having previously been a Pro Vice Chancellor of Bournemouth University and before then holding senior posts in industry and commerce. Richard Conder is a Fellow of the Institute of Chartered Secretaries and Administrators and a Fellow of the Chartered Institute of Management Accountants.
He received a Masters degree in Business Administration
Otkritie Capital, the investment banking arm of Otkritie Financial Corporation, has appointed Michael T Workman to head its fixed income business. He will operate between Moscow and London and report to the Group’s CEO Igor Vayn (pictured).
Workman has a distinguished track record as an emerging markets specialist and has significant experience in global fixed income and Russian markets. He joins Otkritie from Goldman Sachs in Moscow where he was an executive director in the Fixed Income, Currencies and Commodities group and was responsible for the bank’s structured principal investments in the region.
Previously, Workman was a senior
Inter-dealer broker ICAP has hired Mark Newson-Smith as a broker in its metals business in London. Newson-Smith previously worked at Galena Asset Management as well as Bank of America, HSBC and Mitsui.
ICAP brokers cash and derivative base and precious metal products with desks in London, New York and Hong Kong. ICAP is a market leader across the base and precious metals spectrum and is a Category 2 clearing member of the London Metal Exchange.
Robert Rees, Global Head of Metals at ICAP, says: “We are delighted to have Mark join the team. He brings deep technical expertise and his
Appleby, a provider of offshore legal, fiduciary and administration services, has appointed Cayman litigator, Christopher Russell, as partner in the firm’s Cayman Islands office from 1 May 2012.
Russell joins Appleby from Ogier’s Cayman office where, until recently, he led the firm’s litigation group. He is extremely well known in the Cayman Islands where he is regarded by peers as being one of the best lawyers on the island.
Appleby’s Global Practice Group Head for Litigation and Insolvency, Andrew Bolton (pictured) says: “It is excellent news that Chris is joining us. We are already well known in our market for
Ogier has appointment of Richard de Lacy QC to the role of partner and head of the firm’s Cayman litigation practice, from 19 March 2012.
Richard de Lacy brings 30 years of professional experience in the legal profession, not only as a barrister, but also as an academic and trustee. He joins Ogier from leading chambers 3 Stone Buildings in London, where he developed a distinguished reputation in commercial litigation and insolvency through cases in Europe, the Middle East, Asia and the Americas.
“We are delighted to be welcoming someone of Richard’s calibre and expertise to our litigation practice,” says Nick
Mitch Ackles (pictured), a public relations executive specialising in the hedge fund industry, has been elected president of the Hedge Fund Association. Ron S Geffner, a law partner at Sadis & Goldberg LLP and an expert in regulations affecting hedge funds, was elected to his second term as vice president.


The Hedge Fund Association is a non-profit organisation that promotes the understanding and development of the alternative investments industry. Its members include hedge funds, funds of hedge funds, family offices, public and private pension funds, endowments and foundations, high net worth individuals, allocators, and service providers such as prime brokers,
MarketAxess Holdings, the operator of an electronic trading platform for US and European high-grade corporate bonds, emerging markets bonds and other types of fixed-income securities, has appointed James J Sullivan to its Board of Directors.
Sullivan is Senior Managing Director and Head of Prudential Fixed Income, a position he has held since 1999. In this role Mr. Sullivan is responsible for all aspects of Prudential Fixed Income’s business, including portfolio management and trading, credit research, and quantitative research and risk management, in addition to finance, marketing, and global business development. Prudential Fixed Income is the primary organisation within Prudential Financial
DLA Piper has appointed Richard Reilly as a partner in the firm’s global investment funds practice. He will be based in the firm’s New York office and he will also be working in conjunction with the firm’s London office.
Reilly was formerly global co-head of White & Case’s Securitisation Group and a partner in its Investment Funds Practice. He has an extensive securities practice that focuses on investment fund formation in the United States and Europe, and represents credit-oriented hedge funds and private equity-style funds, as well as placement agents. In addition, Reilly has extensive securitisation, structured finance and derivatives
Pioneer Investments has appointed David Hanratty to Head both UK and Ireland Distribution and the Global Strategic Partners group.
The responsibilities have been brought together in recognition of the increasingly common characteristics of these business segments and the importance of London as a centre for Strategy Selection for Global Platforms and Institutional Consultants. 


Sandro Pierri, Head of Western Europe & International, says: ‘We have a major commitment to UK and Ireland; we know there is work to be done convincing the market we are dedicated to being a significant player but the creation of a major investment centre in
