The Guernsey Financial Services Commission announced a senior management restructuring taking effect from January 2026, including the creation of a part-time Director of Resolution role to support implementation of the Bank Resolution (Bailiwick of Guernsey) Law, 2025 and a set of promotions across supervision, policy, technology and external affairs. Dr Jeremy Quick will move from Director of Banking and Insurance to part-time Director of Resolution, with a remit to implement the new bank resolution legislation over the next three years and support continued alignment with international standards; he will also continue representing the Bailiwick and other small island jurisdictions on the Executive Committee of the International Association of Insurance Supervisors through 2026. Martin McHugh will become Director of Banking and Insurance Supervision, and Nick Herquin will become Director of Investment, Fiduciary and Pension Supervision while continuing MONEYVAL/FATF inspection work. Gillian Browning, Deputy Director General (Policy and Supervision), will lead the Commission’s policy development programme including Digital Finance Initiative policies being co-developed with industry and the legal community, supported by Jon Tooley and Lisa Peterson (who remains Chief Actuary). Dr Conor Osborough will become Director of Technology to lead internal technology optimisation, and Alice Joy’s title will change from Commission Secretary to Director of External Affairs, absorbing the Head of International Co-operation and Economic Enhancement responsibilities.

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