The management of GIFA’s affairs has been delegated to the Executive Committee. The Executive Committee consists of at least seven members inclusive of the elected Chairman and Vice Chairman. Members are nominated for election at the annual AGM. The Executive Committee meets on the 2nd Monday of every month. The current members of the Executive Committee are show below.
Chairman of the Executive Committee
Paul Smith has extensive investment fund experience gained over 30 years in the industry and was elected to the GIFA Executive Committee in 2013.
Now serving as an independent non-executive director, Paul was previously a Senior Director of JTC Group in Guernsey and Managing Director of RMB Investment Services Limited, BNP Paribas Fund Services (Guernsey) Limited and HSBC Fund Administration (Guernsey) Limited.
Paul is a Chartered Secretary, a Fellow of the Institute of Chartered Secretaries and Administrators, a Member of the Institute of Directors, a Member of the Institute of Risk Management and a non-executive Director of various funds and companies.
Paul holds a Masters Degree in Corporate Governance and the Certificate in Company Direction from the IoD.
Vice Chairman of the Executive Committee
Christopher joined the Executive Committee in April 2015 and the following year he was elected to the position of Vice Chairman of GIFA. He was member of the Technical Committee in 2011 and became Chairman of that committee in November 2013, (a role he served until May 2016).
Christopher has also been a member of the working groups for both AIFMD and MiFID as well as various GIFA Working Groups.
Over the years Christopher has worked in Fund Operations, Investment Operations, Investor Services, Portfolio Administration and Legal & Technical as well as holding roles such as Projects Manager, Operations Manager and most recently Technical Director during his finance career.
Christopher has served as director of various open- and closed-ended corporate fund structures and ‘special purpose vehicles’ during his 20 year stint at Investec. He was also an alternate director to the General Partner for one of Investec’s Guernsey-based private equity funds.
Christopher has always been active within the finance industry and continues to attend industry events as well as give guidance by authoring fact sheets and online personal refresher modules for those in the industry & its organisations.
Andrew is a Non-Executive Director of a number investment funds and management companies both LSE Listed and privately placed. He is also chair of investment and audit committees.
Andrew was formerly Managing Director of Butterfield Fulcrum in Guernsey specialising in offshore fund administration.
Before returning to Guernsey in 2005 Andrew worked in the International Financial Markets within the Debt Capital Markets and Treasury businesses of ING. As a Senior Director he played a key role in supporting investment, trading and client servicing activities within the Asia Pacific region. During this period, Andrew lived in Hong Kong and also spent a substantial amount of time working in London, Tokyo, Singapore and Seoul.
He is a Chartered member of the Chartered Institute for Securities & Investment, a member of the Institute of Directors and is also a member of the GIFA NED committee.
Christopher has been advising the financial services sector in London, Sydney and Guernsey for over 25 years, with particular focus on private equity, having advised some of the world's largest private equity houses as well as new fund promoters in connection with fund establishment, investment structuring, exits and regulatory issues.
Darren is a partner of Mourant Ozannes in Guernsey. He specialises in investment funds and corporate transactions and was previously a partner at another offshore law firm in Guernsey. Before working in Guernsey, Darren trained and worked in the City of London.
Darren is a Solicitor of England and Wales (currently non-practising) and an Advocate, Guernsey. He is a member of the Guernsey Bar and the Guernsey International Legal Association.
Gavin Farrell is a long standing member of GIFA having originally joined the Executive Committee in May 2006. Gavin brings a wealth of experience in legal matters from the Guernsey fund industry.
Gavin Farrell was brought up in France, Germany and England and graduated from the universities of Paris, Münster and London. Gavin then qualified as a French avocat and an English solicitor and worked for a number of years at Simmons & Simmons in their London and Paris offices, both in the general corporate and financial services/funds departments.
He then moved to Guernsey in 1999 where he was called as an Advocate of the Royal Court of Guernsey. Gavin became a partner in 2003 of the corporate department of Ozannes, then Mourant Ozannes, until November 2016.
His practice covers general corporate and banking work, funds and the asset management industry.
Gavin holds a number of directorships in investment and captive insurance companies. He is a resident of Guernsey and has been ranked as a leading individual in banking, corporate and investment funds by a number of publications as well as having been elected for a number of years as a Top Five Global Offshore Funds Lawyers in Who’s Who Private Funds.
Joanne is a Director at PwC and has over 18 years of experience in the Funds Industry. Joanne predominantly focuses on delivering Assurance services to Clients (including open and closed ended funds, listed products, alternative products, pensions and third party service providers).
Joanne has delivered Assurance services to hundreds of reputable clients predominantly in the Investment Management space in Guernsey, London, Toronto, Europe and the United States. With 10 years experience in Risk & Quality, Joanne has great experience considering the risks that a business is exposed to and how to manage those risks alongside vis-a-vis commerciality.
Joanne joined the GIFA Education Sub-Committee in 2012, and was part of the Committee that launched the Academy Programme. Joanne chaired the GIFA Education committee from 2014-2017 and became an Executive Committee Member in 2017.
John is a Director of Northern Trust International Fund Administration Services (Guernsey) Limited (“NTIFAS”) where he is Head of Client Servicing.
He was formerly head of Real Estate Fund Administration and was responsible for the establishment of Real Estate fund administration services as a distinct service offering. Prior to that, John was Head of the Central Accounting Unit which is responsible for the preparation of the financial statements of all funds and related entities administered by NTIFAS.
He worked for KPMG in Guernsey prior to joining NTIFAS in 1992, where he was responsible for the audit of a portfolio of entities in the finance industry.
He currently holds a number of non-executive board appointments in fund management and investment companies.
John Trained as a Chartered Accountant in Sligo in the north-west of Ireland where he is from. He has a Bachelor of Commerce Degree from University College Galway in Ireland, is a Fellow of the Institute of Chartered Accountants in Ireland and a Member of the Institute of Bankers in Ireland. He is resident in Guernsey.
Paul Wilkes was appointed as a member of the GIFA Executive Committee in May 2013.
Paul joined Collas Crill in 2007, having spent two years at another Guernsey law firm after arriving from Australia in 2006. Previously Paul worked as a solicitor for Mallesons Stephen Jacques (now King & Wood Mallesons) in Sydney. Paul has been a group partner at Collas Crill since 2011.
Paul specialises in the establishment and regulation of open and closed ended investments funds, acting as both lead counsel and alongside major UK and international law firms. Paul also advises private equity executives on the structuring of carried interest and related matters.
Chambers 2012 considers Paul to be ‘an emerging star of the Guernsey legal profession,’ and ‘young and hungry.’
Paul is qualified as a Solicitor in New South Wales, Australia and England and Wales.
Tony Mancini has a long-standing association with GIFA and was appointed as a member of the GIFA Executive Committee in May 2007, a role that he continues to fulfil. Tony brings a wealth of experience on tax matters which are particularly relevant to the Guernsey industry.
Tony is an Executive Director at KPMG Channel Islands Limited and the head of tax at KPMG in Guernsey. Tony has been advising multinational businesses and high net worth individuals on UK, Guernsey and international tax issues since 1991.
Tony is a member of the Guernsey Society of Chartered and Certified Accountants Tax Sub-committee and the Insurance Advisory Group. Tony also chairs the working party set up by the Guernsey International Business Association to work with the government on the ongoing reform of its tax regime and sits on the States of Guernsey Tax Professionals Panel that assists with the formulation of tax policy and administration. He has been particularly active advising government on the implementation of Guernsey’s agreements with the US and UK for automatic information exchange (FATCA and UK FATCA).
Tony has been working in Guernsey since 2003 providing a range of tax services to businesses in the international financial services industry, particularly the investment management sector. His current client base includes a number of international banking groups, fiduciary and corporate service providers, leading private equity houses, property funds and other alternative investment structures. His practice provides all aspects of tax services to investment funds, including investor reporting, fund structuring and planning for management.
Tony is a Chartered Tax Adviser and former HM Inspector of Taxes in the UK.