After nearly 15 years as group chief executive of Ocorian (formerly Bedell Trust), Nick Cawley will stand down from his position on 31 December 2018, the Jersey-headquartered 2018 eprivateclient Top Trust Company has announced.

He will be succeeded by Stuart Layzell, who is currently the firm's CFO and COO.

Mr Cawley will however remain with the business as chairman of several Ocorian entities and also take over the leadership of its global private client services.

“It has been an absolute privilege to have been CEO for such a long and exciting period in the evolution of Ocorian," ...