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Press Release - 30 October 2002

JERSEY FINANCIAL SERVICES COMMISSION APPOINTS A NEW SENIOR COMPLIANCE MANAGER

The Jersey Financial Services Commission is pleased to announce the appointment of David Oliver as a Senior Compliance Manager. David joins Paul Leary, Chris Cooke and Susan Morin as a member of the senior management team who will lead teams for the on-going oversight of the financial services businesses in the Island.

David has almost 20 years experience working in the finance industry. Before joining the Commission, David has previously worked at UBS, HSBC and JP Morgan.

David is an associate member of the Chartered Institute of Bankers (Trustee Diploma) and has recently qualified in the Securities Institute Diploma. David also lectures at Highlands for the Certificate in Offshore Administration.

Richard Pratt, Director General of the Jersey Financial Services Commission, said "The Commission is delighted to welcome David into the senior management team within Compliance. His knowledge of the industry and ongoing commitment is essential to the development of the Commission as an effective regulator committed to high standards in the Island's finance industry."

Richard Pratt,
Director General

Tel: + 44 (0)1534 822011
Fax: + 44 (0)1534 822001
E-mail:r.pratt@jerseyfsc.org

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