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Home Business News Appointments

New CFO appointed at International Stock Exchange

May 4, 2021
in Appointments, Business News, Financial Services, Guernsey News
Andy Watchman
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The International Stock Exchange (TISE) has appointed Andrew Watchman as its Chief Financial Officer.

Mr Watchman (Andy) has been Senior Finance Manager at TISE since October 2017, with responsibility for TISE’s financial reporting, management information and financial control environment.

Cees Vermaas, CEO of TISE, said: “I am pleased to announce Andy’s appointment as our CFO. Andy has been a very important part of the business during the last few years and he is the ideal candidate to lead the Finance team as we enter an exciting chapter for TISE.”

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Prior to joining TISE, Andy worked at Kleinwort Benson for 12 years where his career took him from trust accounting, to fund accounting, including a portfolio of LSE listed funds, and then to the Finance team. In that role, he spent six years providing financial reporting, management information and commercial support across Kleinwort Benson’s businesses. Latterly, he was Head of Channel Islands Finance for Kleinwort Benson.

Andy is a Fellow Member of the Association of Chartered and Certified Accountants (FCCA).

Andy, who succeeds Bruce Bell who has recently retired from his role at TISE, said: “I am delighted to have been appointed CFO. I have thoroughly enjoyed being part of the team over the last three and a half years and I am looking forward to the challenge of becoming CFO at a time when we are implementing an updated strategy for further growth in the coming years.”

Cees said: “All of us at TISE would like to thank Bruce for his hard work and contribution over the past seven years. As we saw from the recent financial results for 2020, Bruce leaves the business in good shape, and with a smooth transition to Andy.  I am hugely excited about Andy’s appointment at a time when we are seeking to further diversify our products and markets in order to unlock the true potential of TISE.”

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Tim Bullock

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