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Update on Director General recruitment process and JFSC operations - 20 September 2018

We would like to take this opportunity to update you on the recruitment process for the next Director General of the Jersey Financial Services Commission (JFSC) as well as the interim operational measures we currently have in place.

Working with executive recruitment firm Odgers Berndtson, we began the search process for a new Director General in early August. We advertised the role both locally and overseas with a closing date for applications of 16 September 2018. We have received a substantial number of applications. Odgers Berndston will assist and oversee the shortlisting and rigorous assessment of the candidates prior to interview.

We continue to work closely with the Jersey Appointments Commission (JAC) as part of this recruitment process and a JAC representative will sit on the interview panel, alongside select members of the JFSC Board of Commissioners and an independent panellist, who has significant experience in financial regulation.

We hope to have appointed the next Director General by the end of the year.

During the interim, the Executive Board continues to take collective responsibility for the leadership of the organisation, under the supervision of the Chairman. Deputy Director General, John Everett is overseeing relations with Government and, as usual, Director of Supervision, Jill Britton remains the supervisory contact for Industry. Director of Registry, Julian Lamb has assumed the role of Registrar of Companies.

JFSC Chairman, Lord Eatwell commented:

“I am delighted with the way the Executive is managing this transitional period. It clearly displays their exemplary professionalism and dedication not just to the organisation, but to Industry and the Island. I thank them for their commitment and assistance during this time. Their approach, and mine, is very much business as usual.”

Should you have any queries relating to this update or any other matter, please contact your Supervisor or Supervision Team in the first instance.

We appreciate your continued understanding.

Jersey Financial Services Commission 

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