Sheila Lowe has been appointed as the Isle of Man Government’s new Chief Financial Officer, Treasury Minister Eddie Teare MHK announced on Monday. This is a limited term appointment until December 2016.

Mrs Lowe, previously the Director of Finance and Development at the Department of Economic Development, had been carrying out the CFO role on an interim basis since the start of July.

She succeeds Dr Malcolm Couch following his appointment as Chief Executive of Department of Health and Social Care.

Mrs Lowe, a Member of the Institute of Chartered Accountants of England and Wales since 1993, had wide experience as a Chartered Accountant in the private sector before being recruited to the Isle of Man Government ten years ago.

She joined the Government as Director of Finance and Development at the Department of Trade and Industry and retained that role within the Department of Economic Development after the Departmental restructuring in 2010.

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