Trust Corporation of the Channel Islands has boosted its senior management team with the appointment of Stephen Le Ray as a director.
Mr Le Ray joins Trust Corporation from a major international bank where he was a director managing a number of structures for high net worth families. With over 18 years’ experience working within the local finance industry, he is highly skilled in managing complex offshore structures for individuals and corporate clients with particular expertise in commercial property investments. His previous experience includes the acquisition and development of a number of properties including apartments, student halls and a luxury hotel.
Mr Le Ray entered the offshore fiduciary industry having qualified as a Chartered Accountant in 1995 while working with an international accountancy firm.
Mr Le Ray said: “Trust Corporation has an outstanding reputation based on developing excellent long-term relationships and delivering exceptional service to its clients, their advisors and family offices. I have been particularly impressed by the professionalism and knowledge of the management team and the staff and am looking forward to continuing my career at a business which continues to grow from strength to strength.”
As part of his role at Trust Corporation, he will be working closely with high net worth clients and their advisors, particularly those interested in investing in property in the UK, to manage the implementation and on-going administration of their structures.
Michael Betley, managing director of Trust Corporation, said: “Stephen brings with him a wealth of accounting and real estate expertise which he applies in a sensible and proactive manner to the structures he manages. He is clearly very able and his dedication to his clients is impressive. We share the same outlook with the aim of developing and supporting long term client relationships through both good and challenging times. I’m confident he will fit in well and become a real asset to the firm.”