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New Business Development Manager 29 September 2003

Isle of Man Finance is delighted to announce the appointment of Brian Donegan to the newly created post of Business Development Manager.

Brian has more than 15 years experience in the inward investment field and during the last two years has been in an inward investment consultant role with Manx Telecom and the E-Commerce Division of the Chief Secretary's Office.

Brian's task is to work closely with all interested parties, public and private to promote and advise on the development of the Island as a leading financial services centre with international standards of practice and a business friendly environment. In particular, as part of his role, he will be evaluating how the Isle of Man can best meet the requirements of the international financial services industry while ensuring that our position as a desirable, secure and prestigious jurisdiction continues.

Director of Isle of Man Finance, Jane Dellar said:

"I believe Brian is an essential addition to our team to develop the Isle of Man as a first class location for the international financial services industry. Brian's inward investment expertise and contacts will play a key role in helping achieve our objectives."

Brian Donegan said:

"The recent changes in the offshore financial world have presented us with many challenges and with change comes opportunity. The Isle of Man has a robust business case to present and I look forward to helping develop and implement a winning strategy that will maximise our existing business and grow our inward investment opportunities."

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