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Media Release

Credit Suisse Trust celebrates 40 years in Guernsey

Credit Suisse Trust celebrates 40 years in Guernsey

Wednesday 05 March 2014

Credit Suisse Trust celebrates 40 years in Guernsey

MEDIA RELEASE: The views expressed in this article are those of the author and not Bailiwick Express, and the text is reproduced exactly as supplied to us

Credit Suisse Trust is celebrating 40 years of business in Guernsey with plans for further recruitment and business growth.

Commenting on the milestone and continued growth for Credit Suisse Trust in Guernsey, Managing Director and Head of Trust Management Guernsey, Christoph Walker said it is now the Group’s centre of excellence for tailored complex business with a focus on Ultra-High-Net-Worth (UHNW) clients. ‘In recent years we have seen an increased demand for private trust companies (PTCs) and complex structures holding a wide range of international assets,’ he said. ‘Our key areas of growth are still Asia, Europe and the Middle East markets and our focus continues to be on providing our clients with a premium service. 

‘Guernsey’s well-established, robust and well-regulated trust sector continues to attract new business and we look forward to the next 40 years,’ he added.

Long-serving staff

Five long-serving staff members have made a particular contribution to the company’s success. They are Chris Whelan with 32 years; Paul Falla with 27 years; Alan Nichols with 24 years; Richard Green with 23 years and Anne Bigeard with 20 years of service. Credit Suisse Trust employs around 60 staff and is currently looking to further expand its workforce, which Christoph Walker said was a reflection of the continued growth, focus on high client service levels and commitment to business in Guernsey.

‘Credit Suisse provides an environment for staff to do a great job for our clients, be a valuable colleague and develop a satisfying career,’ said Mr Walker. ‘We are committed to identifying and developing talented individuals and the long dedicated service from these five staff in particular is a great testament to the benefits of working for Credit Suisse.’

The trust company’s roots go back to 21 February 1974, when it was first established, working from offices in St Julian’s Court. It changed name to Sovereign Management Limited in 1975, which was then acquired by the Swiss bank in 1991 and changed its name to Credit Suisse Trustees (Guernsey) Limited. Over the past years staff have worked in locations including Cornet Street, Albert House, Mignot Plateau and their home for the past 25 years, Helvetia Court.

Pictured L-R: Richard Green, Paul Falla, Christoph Walker, Anne Bigeard, Alan Nichols (Chris Whelan unavailable for photograph).

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