Jersey Finance has expanded its Middle East development team across Middle East and India by hiring Charlie Barlow and Gary Hales as business development directors for GCC states and India.

In their new role, the duo will be based in the UAE, and will be responsible for managing the company’s business development activities in the UAE, other GCC states and India, reports CPI Financial.

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Prior to joining Jersey Finance, Barlow was providing consultancy services to various GCC family offices.

He formerly also worked with private clients across Hong Kong and the GCC region, and served at HSBC and Bank of Singapore.

Hales joined Jersey Finance from HSBC in 2012, and most recently was responsible for the firm’s business development in Africa, Russia, Europe and the UK.

He holds more than 20 years of experience in the banking and international financial services sectors and has exposure to key markets right across the globe.

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Richard Corrigan, deputy CEO of Jersey Finance, said, "Adding resource in this area is a move in line with the recommendations of Jersey’s Strategic Jurisdictional Review, published last year, and is evidence of how seriously Jersey is taking building lasting relationships in these key markets. Our expanded team means that we are now in a position not just to strengthen existing ties but also to explore additional opportunities in new markets, such as the Kingdom of Saudi Arabia."