Abacus Financial Services Group (‘AFSG’) has appointed a new Business Development Director as part of their continued strategy to drive new business and to develop and promote their service offering in both existing and new emerging markets.

Based in the Isle of Man and Malta, AFSG has appointed David Stevenson as Business Development Director, with a view to maximising their business potential in the ever competitive financial services sector, particularly in respect of the funds and pensions industries.

David will work closely with Chief Executive Officer of Abacus Financial Services Group, Paul Kneen, to promote Abacus’ current services offering, as well as to explore new business opportunities for their Isle of Man and Malta offices by developing new strategies and initiatives through which they can promote their service offering to new geographical areas of interest.

Mr. Kneen said: “I am delighted to welcome David to AFSG. David has a wealth of experience in the financial services industry and a proactive attitude to doing business; David will prove invaluable to Abacus and our efforts to maintain our position as a leader in our field.”

Prior to joining Abacus, David worked in a variety of roles within the Financial Services industry before establishing his own Corporate Service Provider on the Island.

Commenting on his appointment, David said: “Having worked in the financial services industry for over   25 years, my new role at Abacus presents something different, and a new venture with new opportunities. I am excited about the new challenges it offers and to be working with Paul and others at Abacus to continue to grow the business and to assist them in meeting their strategic objectives. I look forward to being part of such a proactive and dynamic organisation where I have the opportunity to expand my existing knowledge by working with Abacus.”