The Channel Islands Securities Exchange (CISE) has appointed Fiona Le Poidevin as its new CEO. Le Poidevin has resigned her current position as CEO of Guernsey Finance, and will leave in early 2015 to take up her new role.
Le Poidevin joined Guernsey Finance as Technical Director and Deputy Chief Executive in early 2011 and succeeded Peter Niven as Chief Executive in July 2012.
At the end of last year, the Channel Islands Stock Exchange LBG (CISX) was restructured by a scheme of arrangement. It created the CISE, which is responsible for the day-to-day administration and marketing operations of the exchange and is the parent company of the Channel Islands Securities Exchange Authority Limited (CISEA), where there is responsibility for operating and regulating the exchange.
Jon Moulton, Chairman of the CISE, said: “I am delighted that Fiona has decided to join us as Chief Executive. She brings with her tremendous experience from a varied career in financial services and is extremely well respected within the industry in the Channel Islands. She will be instrumental in helping us drive forward the new exchange so that not only is it fit for purpose but it has an offering which is attractive to clients and their advisers in the marketplace of today and tomorrow.”
Le Poidevin said: “Leading Guernsey Finance has been a huge honour and a tremendous experience. I would like to thank the Board and the team at Guernsey Finance for their support during my time here and now it is vital that I leave Guernsey Finance in a strong position and ensure a smooth transition to my successor.
”I am very much looking forward to joining the CISE at the start of 2015. It promises to be a very challenging but exciting role and one which I believe is important for the whole of the financial services community in the Channel Islands. There is enormous potential within the new exchange and I look forward to unlocking it in conjunction with Jon, the other directors and the rest of the team.”