Kroll expands into Guernsey

Wednesday 07 September 2022

Kroll is opening an office in Guernsey this September, as it further plans to strengthen its presence and restructuring offering in the Channel Islands.

Kroll, headquartered in New York with over 70 offices serving international clients, will open its first Guernsey office at 10 Lefebvre Street St. Peter Port, ten years after commencing operations in Jersey.

The new office will utilize the firms restructuring capabilities to serve clients’ financial and operational restructuring needs, as well as provide financial services compliance and regulation services, which are also currently offered by in Jersey.

John Ayres, who has been appointed as Managing Director, will head the new office. Mr Ayres joins Kroll with over 25 years’ experience in insolvency, restructuring, forensic and corporate recovery services, including contentious cross-border insolvencies, shareholder disputes, asset-tracing investigations and the realisation of complex and illiquid assets.

In his previous role for a business advisory firm in the British Virgin Islands, he served as Senior Managing Director and head of the Corporate Finance and Restructuring practice. He is a qualified UK Chartered Accountant and BVI Licensed Insolvency Practitioner.

Mr Ayres said the development would provide “very exciting opportunities” for the “pivotal financial jurisdiction” of Guernsey.

Pictured: Kroll will enter the Guernsey market this month. 

Paul Clark, Global Head of Restructuring, Kroll, London, commented: “Kroll is now in the enviable position with on-the-ground restructuring teams in all key financial centers, which demonstrates our commitment to our clients and our remarkable global reach. We are also expanding Kroll’s offshore restructuring team with the opening of a Bermuda office in the coming weeks”.

Malin Nilsson, Managing Director, Financial Services Compliance and Regulation, Kroll, Jersey, added: “The opening of the Guernsey office gives us a new platform for expansion, and as such, it is fitting that it has aligned with the tenth anniversary of our Jersey office. Having grown our Channel Islands’ presence through the Jersey office over the last decade, we are now able to bolster our offerings and our footprint through the new Guernsey office”.

Pictured: John Ayres.