By Alexandra Capik
UK wealth manager Vestra Wealth LLP has appointed Stephen Rafferty as the business development director for the Channel Islands. Rafferty will be responsible for developing relationships with fiduciary companies and high net worth individuals at Vestra’s Jersey subsidiary, Vestra Wealth (Jersey) Limited.
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Previously, Rafferty worked for AIB and Bank Leumi in Jersey, gaining experience in credit, structuring and underwriting deals for corporate and private clients as well as relationship management for HNWIs. He holds over 30 years’ experience in the banking industry.
Tony Allen, partner and head of business development, said: "Stephen will significantly augment our team in Jersey. His appointment forms part of a wider plan to double our headcount in Jersey in the next 12 to 18 months."
Vestra Wealth offers clients access to portfolio management, wealth planning, trading, private equity and real estate investment. The company has 23 partners and 180 staff in total. As of January 2014, Vestra has assets under management of £3.9bn.
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