A key appointment has been made at the Fedelta Group, based in Athol Street, Douglas.

Stephen Colderwood (pictured) has become New Business Executive for the financial services provider.

Group Chairman Michael Shimmin said, "Fedelta has been providing fiduciary and pension services for 17 years and over this time we have developed many contacts and made many friends.

"It is vital we maintain our reputation for quality of personal service within these relationships and Stephen will be invaluable in helping us achieve this. I am delighted to welcome him as part of our team."

Stephen Colderwood said, "I am delighted to accept the appointment with Fedelta.  Working in a quality organisation and with colleagues who have worked together for many years provides confidence and assurance in the abilities of the people you work with. 

"Personally, I was looking for a position that would engage my strengths and develop my abilities, whilst seeing the results of my work, and I believe this role will fulfil my desires and more."

Stephen has 18 years' experience within the financial services industry, including six years with corporate and trust service providers, during which time he was key to the success of a UK corporate service provider.

Having decided fiduciary work would be better suited to him in a regulated environment, Stephen moved to the Island almost four years ago and has since managed the new business team for a corporate and trust service provider.

Fedelta’s services include bespoke trust, corporate, pension and investment services and fund administration.  These are innovative solutions that are tailored to individual clients’ needs, which requires a high level of interaction with the client’s other advisors.

Fedelta believes it is essential in these times of change that client’s are kept abreast of products and developments.