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Roger Butler
Roger Butler was appointed to one of the predecessor organisations
in April 2012. Since 1998 Roger has been chairman and non-executive
director of, and consultant to, several companies in varied industries.
Between 1996 and 1998 he was Chief Executive of Newton Investment
Management, a major UK fund management company, until its sale to
Mellon Bank. Previously he was a Senior Advisor to Morgan Stanley where
he was involved in advising both the firm and its investment banking
clients on corporate structuring and taxation matters. Prior to this Roger was with Arthur Young
(now Ernst & Young) where he was latterly Regional Managing Partner in London and Chairman of
the global tax practice, having previously been UK National Director of Taxation.
Juan Clarke
Juan Clarke was appointed in March 2016. Prior to this he was Managing
Director of the Clerical Medical International (CMI) Group of Companies,
part of the Lloyds Banking Group comprising trust, fund management
and venture capital investment companies and Scottish Widows offshore
insurance arm, CMI Insurance Company Limited. He has more than 30
years’ experience since starting his career with Barclaytrust in 1982 and at
CMI worked in various senior roles specialising in insurance, investments and fund management.
Juan currently holds non-executive director positions in the Isle of Man and Luxembourg, and is
a Chartered Fellow of the Chartered Institute for Securities and Investment and holds Chartered
Wealth Manager status with the Institute.
Alan Smith
Alan Smith was appointed to one of the predecessor organisations in July 2007.
He began his career with Lloyds Bank Trust Division and then spent seven years
as Manager of Bank of Bermuda’s Cayman operations. Alan moved to the Isle
of Man in 1987 and was appointed Managing Director of Bank of Bermuda
in 1994. He was appointed to the Global Board of the Bank’s Fund Services
Division in 2001 as Global Head of Marketing and Strategy and subsequently
of HSBC’s Alternative Fund Services Division until his retirement in 2005. Alan has more than 40 years’
experience in trust administration, corporate services, banking, custody and fund administration.
David Stacey
David Stacey was appointed to one of the predecessor organisations in April
2012. Prior to his retirement in 2009 he was Managing Director of Tower
Insurance Company Limited and had previously spent his career in various
senior management roles within RSA Insurance Group, Tower’s parent.
David is a Fellow of the Chartered Insurance Institute and a Chartered Insurer,
and holds the Institute of Directors’ Diploma in Company Direction. He is a
non-executive director of a number of companies and a board member of several local charities.
APPENDIX B
Isle of Man Financial Services Authority Annual Report 2016/17 • 35