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Appointments

Manxman plays key role as changes announced at IFGL

International Financial Group Limited (IFGL) – owner of RL360, Friends Provident International Limited (FPIL) and Ardan International Limited – has made some important changes to its management structure.

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On 1 January 2021, Manxman Mike Crellin, formerly Finance and Commercial Director, became Managing Director of IFGL’s Insurance Division.

Mike has assumed overall responsibility for the day to day operations of the Insurance Division and oversight of the key corporate projects. He continues to report to David Kneeshaw who has taken the role of Group Chief Executive IFGL. David will concentrate on IFG Group matters and he remains Chair of the IFGL Executive Committee. He will also retain overall responsibility for group strategy and market facing activities.

Mike has also become Chair of the Insurance Division Executive, the FPIL Management Committee and the Ardan Board. David remains on these Boards and Committees.

Alistair Brogden has been appointed IFGL’s Finance Director and Donald Macleod takes on Alistair’s former role as RL360 Appointed Actuary.

IFGL has grown significantly in recent years - and in particular following the acquisition of FPIL in July. It is important that the strength, experience and structure of the management team is reviewed periodically to reflect this growth and ensure it remains appropriate to the needs of the organisation.

While we have enhanced the Group governance processes and significantly strengthened the skill set and breadth of the management team over the last 5 years, completion of the FPIL acquisition has been the catalyst for a wider review of the management team structure.

The role changes give the management team more strength and depth, a greater resilience and enhance the Isle of Man as central to IFGL and the location where key decisions are made. They are designed to consolidate and accelerate IFGL’s position as a leading provider in the International Life market.

Group CEO David Kneeshaw said: ‘The changes announced today give us greater resilience and strength and depth in our management team and more succession planning options.

‘IFGL has always prided itself on its independent nature, both in structure and culture. Our Isle of Man roots are important and these changes, in particular the new role taken on by Mike, will cement our Island based operating model.’

IFGL Managing Director Mike Crellin said: ‘IFGL has grown very quickly since 2013, both organically and through acquisition. This new senior management structure provides a strong and appropriate platform for us to continue this exciting trajectory in the years to come.’

Santander International appoints new Relationship Director for Isle of Man Branch Corporate Banking Team

Santander International has appointed Chris Corkill as Relationship Director for the Isle of Man Branch Corporate Banking Team.

Chris has over 30 years’ experience in banking, working with financial institutions in the Isle of Man, notably in Corporate Banking and Real Estate Finance.

Since entering banking in the late 1980s as a Customer Advisor, Chris has built a career looking after customers, growing businesses, and leading teams, latterly as Head of Corporate and Commercial Banking, RBS International, and as a Business Development Manager with Sancus Isle of Man.

James Geldart, Managing Director, Santander International Isle of Man Branch, said: “Chris brings a wealth of experience across banking, and a fantastic rapport with clients, colleagues, and the wider community to this role. We are delighted to welcome him to Santander International and look forward to working with him as we continue to develop our services in the Isle of Man.”

Chris said: “Santander International is at an exciting stage of its growth and development and I look forward to working with the Corporate Banking team, nurturing and developing relationships with businesses and industry professionals across the Island.”

Mark A Hagan joins Equiom Tax Services Limited as VAT Director

Equiom is pleased to announce the appointment of Mark A Hagan to VAT Director within its tax business, Equiom Tax Services Limited (ETSL). Mark will play a key role in VAT and Customs compliance for all of Equiom’s clients, in addition to leading on business development initiatives.

Mark joins the business from a Big Four accountancy firm and brings more than 20 years’ experience in VAT, tax advisory and compliance, having specialised in VAT in relation to retail, pension funds, property, compliance, and Customs.

Monica Dixie, Managing Director of Equiom Tax Services Limited said of the news:

‘I am pleased to welcome Mark - he will be a fantastic addition to the team and has a wealth of experience advising clients on VAT obligations. His diverse knowledge is highly complementary to our team and I wish him all the best in his new role.’

Mark added: ‘I’m thrilled to be joining Equiom at this exciting time in its journey. Equiom Tax Services Limited has a highly reputable team and the business is extremely well established. I look forward to applying my experiences to my new role, drawing on my specialist advisory knowledge.’

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