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. He was member of the Technical Sub-Committee for two years prior to his appointment as chairman in November 2013.
Christopher has also been a member of the working groups for both AIFMD and MiFID as well as various GIFA Working Groups. Christopher joined the Executive Committee.
Andrew was recently appointed as a member of the GIFA Executive Committee in May 2014 and Chairman in 2015.
Andrew leads Ipes’ Guernsey business after previously heading up the UK office and founding the Depositary business. He joined Ipes in January 2011 from Capita Financial Group’s Specialist Fund Services (formally Sinclair Henderson) where Andrew was Managing Director.
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.
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.