Monique O’Keefe and Diane Maxwell have been appointed as Deputy Chair and Director of Policy at the Jersey Financial Services Commission (JFSC).
Monique O’Keefe, who joined the Board of Commissioners in 2018, is assuming the role of Deputy Chair, following Commissioner Ian Wright’s retirement in April this year. Based in Jersey, Monique has a wealth of experience in finance and law and has worked in a variety of organisations spanning government, international investment banks, sovereign wealth funds, major financial institutions and international businesses.
Diane Maxwell, who is the former Retirement Commissioner for New Zealand, has been appointed as the new Director of Policy. Diane returned to the United Kingdom in 2019 after serving two three-year terms. In her new role, Diane will be tasked with supporting the organisation’s strategic priorities and driving forward engagement with Industry.
Reflecting on Monique’s appointment, JFSC Chairman Mark Hoban said: “I joined the Board of Commissioners at the same time as Monique and am delighted she is Deputy Chair. Her commitment and support is unwavering and she regularly goes above and beyond what is required of a non-executive.
“I would also like to take this opportunity to thank Ian for his contribution as a Commissioner, which has been invaluable, not just to the Board but to the organisation more widely. I am especially grateful to him for his time as Deputy Chair”.
Monique added: “I am honoured to be the JFSC’s new Deputy Chair. We have a vital role to play in protecting the people of Jersey and maintaining the Island’s reputation as a leading international finance centre. I am particularly looking forward to continuing our programme of engagement with Industry, which through open and honest dialogue, can deliver the best results for the Island”.
Following Diane’s appointment, JFSC Director General Martin Moloney said: “Diane was an exceptional candidate for this role and we are pleased to have her on board. Diane’s experience and expertise will be of huge value as we continue to engage with Industry and create smart regulation and policy”.
Diane added: “The JFSC plays an important role in building and maintaining Jersey’s reputation. As the regulator, it also has a key role in ensuring well-functioning, transparent financial markets that support individual and national financial resilience. I’m looking forward to being part of that important work and getting to know my colleagues at the JFSC and our broader group of stakeholders”.
Commissioner O’Keefe’s appointment has been approved by the Chief Minister and she will assume the role in April. Diane is already in post and will move to the Island before the summer.