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October 11, 2018updated 19 Oct 2018 1:35pm

Ex-MI6 man to headline Guernsey’s private wealth forum in London

By Spear's

Sir John Sawers, a former adviser to Tony Blair, will  share his experience managing one of the most challenging two-decades Britain faced at Guernsey’s first private wealth forum in London

The development of Guernsey’s key strengths of stability and security in private wealth management will be highlighted at the first Guernsey Private Wealth Forum in London in November.

The security theme will resonate with keynote speaker Sir John Sawers, former Chief of the Secret Intelligence Service MI6. In his five years at MI6, he modernised the service and created a more open approach to public accountability, all during a period of high terrorist threat and international political upheaval.

He has also previously been UK Ambassador to the United Nations, Political Director of the Foreign Office, Special Representative in Iraq, Ambassador to Cairo and Foreign Policy Adviser to Prime Minister Tony Blair.

Now Chairman and Partner of Macro Advisory Partners, which provides investors, corporations and governments with strategic insights to navigate the intersection of global markets, geopolitics and government policy, he remains closely involved in current affairs and the need to adapt the ever-changing informational landscape.

His talk will draw on his personal experience in managing the most challenging foreign and security policy issues of the last 20 years, including the rise of China, the evolution of Russia, the threat of terrorism and cyber-attack, changes in the Middle East, and the nuclear negotiations in Iran. It will highlight the challenges of the unpredictable global landscape, forces shaping the world, the risk of cyber security, and how organisations can respond, including the need for an international approach to cyber security and the issues on the privacy versus security debate and how businesses should manage that balance.

Guernsey Finance Chief Executive Dominic Wheatley said the inclusion of Mr Sawers represented the latest on a long line of top speakers at GF-hosted events.

‘We had a former head of the FBI’s cyber division at an event in 2017, and these speakers’ experiences make for fascinating insight,’ Mr Wheatley said. ‘Sir John’s work in security is of growing relevance to our delegates and their clients in an increasingly risky world. We are really looking forward to hearing from him.’

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There are some 150 fiduciary licensees in Guernsey, which is one of the few places to regulate trust and corporate services providers and was among the first to do so, in 2000. For more information and to enquire about attending, visit the event website.

Gold Sponsors for the Private Wealth Forum are Carey Olsen and First Names Group, with Butterfield, Intertrust, Ogier and Trust Corporation International supporting as Silver Sponsors. Julius Baer, Mourant, Walkers, Albecq, KPMG and Zedra provide support as bronze sponsors, with media partners being ePrivateclient and Spear’s.

Guernsey, located in the Channel Islands between the UK and France, is an independent dependency of the UK Crown. It is outside of the EU but is granted access to European markets through demonstrated regulatory compliance. Its finance industry is regulated, governed and operated by pragmatic domestic institutions to the highest international standards. Guernsey has approximately 1,000 investment funds domiciled or serviced in the island, 150 licensed fiduciaries and 800 licensed insurance vehicles.

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