Local investment manager Spring IM expands team
Local investment manager, Spring IM, has appointed Chantal Botterill as Chief Operating Officer.
A trust professional with more than 30 years’ experience, Chantal (pictured) brings extensive expertise in managing and motivating teams to the business that launched the Channel Islands’ first digital investment platform earlier this year.
A former Chief Operating Officer of an independently owned Pension Trust, Investment and Insurance business, and former Head of Trust Business Support in a bank owned Trust Company, Chantal will manage the operation of the business day to day, oversee the compliance function, further develop the pension offering while working closely alongside the company’s board.
In addition to Chantal’s appointment, Spring IM has further grown the team with the appointment of Evangeline Stammers as Office Assistant, bringing the size of the team to six.
Simon O’Donoghue, Chief Executive Officer, Spring IM and current Executive Chair of the Channel Islands Wealth Management Association said of Chantal: “After a successful first year, which has seen many islanders embracing our technology led investment platform, we are delighted to be expanding the team and welcome both Chantal and Evangeline. As a senior-level executive who provides management, leadership, and vision to deliver organisational success, Chantal brings with her both management and pensions expertise that will be incredibly valuable in the next phase of Spring IM’s growth.”
Chantal said: “This dual role allows me to combine the two areas I am most passionate about – operations and pensions – for a business that brings something very dynamic to the marketplace – a leading edge, totally digital investment solution which has not been delivered to the International marketplace before.
“Combining this with my level of experience in pensions, Spring will be delivering something totally revolutionary to the offshore pension world. I am a firm believer that our younger generation need to start saving towards their pension, in a flexible cost-effective way, and utilising the Spring IM digitalised investment solution seems a natural path.”
The Spring IM client platform offers islanders access to daily reporting, enabling users to look in detail at how their portfolio is performing and to see any other linked investment accounts they may also hold with Spring IM. The client platform provides a viable alternative to a traditional bank savings account or pension and also enables parents to set up accounts that can be designated to their children, helping them to develop their financial literacy.
Founders, Simon O‘Donoghue and Alfie Greenway established Spring IM to address a gap in the Channel Islands’ financial services market. The duo, who have more than 45 years’ experience in the sector, recognised that there are many islanders who would like the opportunity to invest their money but wouldn’t qualify in terms of their ‘wealth’ with existing on-island wealth management firms.
Sue Fitzgerald September 27, 2022 in Appointment, business, Finance, Jersey Local investment manager Spring IM expands team - Channel Eye