The Jersey Funds Association (JFA), representing the jurisdiction’s funds industry, appointed Joel Hernandez, head of investment funds at law firm Mourant, as chair on July 11.
Hernandez succeeded Michael Johnson, who stepped down after a three-year term. Dilmun Leach, partner at law firm Walkers (CI) LP, has been named vice chair.
Alongside Chair and Vice Chair, the JFA’s main committee includes Robin Wilson (Treasurer), as well as members Michael Johnson, Richard Anthony, Mike Byrne, John Riva, Steve Cartwright, Ben Dixon, Stephanie Webb, Robert Milner, Tim Morgan, Simon Page, Tom Powell, Sophie Reguengo, Martin Rowley, Martin Paul, Jon Stevens, Elliot Refson, Chris Patton, Gary Ayres, Alison Gurd, John Everett and Jeffrey Parongan.
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Leach commented: “I’m delighted to be taking on the role of vice chair of the JFA at what is an important time for our industry. A number of exciting enhancements are in train in terms of product innovation, technology and regulatory changes, and the JFA is committed to driving progress in all these areas. Together with Joel and the wider committee, I’m looking forward to continuing to serve the needs of the industry and ensure Jersey continues its upwards trajectory.”
Joel said: “Reflecting on the past year at our AGM and following the JFA’s annual dinner last month, it’s clear there is real positivity across Jersey’s funds industry. Despite geopolitical uncertainty, global fundraising headwinds and liquidity constraints, Jersey’s funds industry remains resilient and continues to grow; however, the JFA is cognisant that an increased focus on product innovation and progress is critical if Jersey is to retain its position as a leading funds jurisdiction.”
