Stonehage Fleming has made risk and compliance appointments in its Jersey and Guernsey offices.
Candice Price has been appointed as the new Head of Risk and Compliance in Guernsey.
With over 31 years’ experience in risk and compliance, working across Guernsey, the UK, South Africa, Switzerland and Mauritius, Candice joined from Overseas Trust and Pension, where she was an Associate Director of Compliance, MLRO and MLCO, covering Guernsey and South Africa.
Candice will work with the Family Office team in Guernsey and risk and compliance teams across the Stonehage Fleming Group. She will also, later in 2023, assume prescribed officer responsibilities in relation to the Compliance Officer (CO), MLRO and MLCO for Stonehage Fleming’s operational entities in Guernsey, reporting to Paul Le Bihan.
Paul Le Bihan, a director in the risk and compliance team, has been promoted to Head of Risk and Compliance in Jersey. He is a Chartered Accountant, with 20 years’ experience in the Jersey financial services sector. Before joining the Group in 2016, he acted as CO, MLCO and MLRO for a Jersey – US based hedge fund. Currently holding JFSC Key Person positions for the Jersey Corporate Funds division and its regulated clients, he will take over the JFSC registrations for the other Jersey business lines, and management of the Jersey risk and compliance team, from Hamish Ramsay.
Hamish joined the Group in 2017 and has 35 years’ broad experience in international finance. Following the acquisition in January 2022 of Maitland’s private client business, over 300 staff and 5 jurisdictions were added to the Group structure. Consequently, Hamish will now concentrate on his role as Group Head of Risk and Compliance – Family Office, with responsibility for 15 jurisdictions.
Ian Crosby, Global Head of Group Risk and Chairman of Stonehage Fleming Jersey, said: “We are delighted to welcome Candice to Stonehage Fleming. Her extensive experience and exceptional track record in risk and compliance make her an invaluable addition to our team. With her expertise, we are confident in her ability to ensure our clients’ compliance needs are met and to drive our commitment to maintaining the highest standards of regulatory governance.
“I have worked closely with Hamish and Paul over the last 6 years, and their knowledge, experience and teamwork have ensured that Stonehage Fleming Jersey maintain the highest standards of regulation despite the vast increase in global regulation and the speed of change in this sector. I’m thrilled that the Group have recognised the dedication and hard work of Paul, and his promotion is well deserved.”