Collins Stewart appoints new Channel Islands Non-Executive Director

Tuesday 31 August 2010

Collins Stewart Wealth Management (“CSWM”) is pleased to announce the appointment of Christopher Sherwell as a Non-Executive Director (NED) of Collins Stewart (Channel Islands) Limited (“CSCI”) with immediate effect.

Mr Sherwell has extensive business and board room experience, holding NED positions on a number of investment related companies offshore. In a wide-ranging career, Mr Sherwell has worked as a journalist for the Financial Times and spent time in London and Hong Kong as Far East Regional Strategist with Smith New Court Securities before joining Schroders in 1993.

Mr Sherwell became Managing Director of Schroders (CI) Limited in 2000 and after stepping down in 2004 continued as an NED until 2008. Mr Sherwell’s current NEDs include Chairmanship of Goldman Sachs Dynamic Opportunities Limited, a fund of hedge funds, and of Hermes Commodities Umbrella Fund Limited.

Mr Sherwell commented:
“I’m delighted to be joining the Board of Collins Stewart in the Channel Islands. CSWM has its roots locally and, through its recent acquisition of Corazon Capital in Guernsey, demonstrated its ambitions in wealth management and its commitment to the Island. I’m looking forward to working with the many talented professionals within the business.”

Martin Bralsford, the offshore Chairman of CSCI, added:
“Chris’ appointment will significantly add to the depth of expertise currently held on the CSCI Board. His extensive knowledge of the industry and regulatory environment, both locally and internationally, will provide strong guidance and support in developing CSWM’s local governance structure and in implementing our strategy.”