As it seeks to grow its business, IFG Fund Administration has strengthened its alternative investment team.

Colin Stott has recently been appointed as Manager, Business Development with primary responsibility to develop the business in London, the Channel Islands, Isle of Man and Continental Europe.

Colin has worked in financial services for over 20 years, the last 14 of which were with Bank of Bermuda / HSBC Securities Services.

Commenting on the appointment he said, "This is a very exciting opportunity, joining IFG Fund Administration at a time when it seeks to build on the first-class operational and technology platforms that it has in place.

"IFG is fully committed to the provision of services to the alternative fund management industry, and its expansion is a clear demonstration of its long-term investment."  

Al Patterson has also been appointed as the Director responsible for the Investor Services and Transfer Agency team. 

Al joined in January 2010 after spending 18 years with Bank of Bermuda / HSBC Securities Services based in Bermuda, Grand Cayman and the Isle of Man.

In addition, Paul Connolly and Jenny Gordon have joined as Managers of Corporate Secretarial and Compliance, respectively.

Paul previously spent seven years in a similar role with Credit Suisse Fund Administration in Guernsey, and is an Associate of the Institute of Chartered Secretaries and Administrators and a Member of the International Compliance Association.

Jenny joined in mid-March after almost three years in a senior compliance role with HSBC Securities Services.  Prior to that, Jenny was at the Isle of Man Financial Supervision Commission as a Manager in the Supervision area of the Collective Investment Schemes team.

Managing Director, Marie du Feu commented, "The appointment of these four experienced fund professionals reflects our commitment to providing a high quality service to our existing and potential clients."  

Pictured (l-r): Al Patterson, Colin Stott, Paul Connolly and Jenny Gordon.