Geoff Cook is to step down as chief executive of Jersey Finance after almost 12 years in the role. Mr Cook who will remain in his position as chief executive throughout his notice period said he plans to "transition to a non-executive career in financial services as a board director and adviser".

Prior to joining Jersey Finance in 2007 Mr Cook was head of wealth management for HSBC Bank Plc based in London, and was responsible for the delivery of financial planning, trust and mortgage services to the 10 million HSBC customers in the UK. His earlier caree...