Finance

Two staff exit Guernsey Finance after ‘serious events’


Lisa YoungChannel Islands

BBC An aerial view of Guernsey, showing part of the island at dusk, with lights on in many buildings, and a harbourBBC

Guernsey Finance is a promotional agency for financial services in the bailiwick

Two employees of Guernsey Finance have left after “alleged behaviour” fell “significantly short of the standards we expect”, the acting chief executive has said.

Acting head Barnaby Molloy has asked for the privacy of the two former staff members and their families to be respected as the matter was “undoubtedly embarrassing” for them.

He did not confirm the nature of the matter but added: “Any conversations and actions were clearly intended to be private, the behaviour and opinions expressed do not reflect those of our organisation.”

Rupert Pleasant resigned from the chief executive role earlier in the month following an investigation into what the firm termed “serious events”.

Mr Molloy, now acting chief executive of the promotional agency for Guernsey’s financial services, said: “After the matter was brought to our attention, we acted quickly with good governance and in line with our legal obligations and human resources, and the individuals are no longer employed by Guernsey Finance.”

“An independent investigation is ongoing, and we will not be making any further comments,” he added.

The BBC has attempted to contact Mr Pleasant for comment.



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