“Guernsey Finance plays a vital role in promoting and connecting our industry, which is respected around the world,” he said.
“My focus will be on continuing to build on the strong foundations already in place, working closely with our members and partners to strengthen the island’s global profile and support long-term, sustainable growth.”
Deputy Sasha Kazantseva-Miller welcomed the appointment and said Mr Molloy had “the necessary experience” to lead the joint government and industry organisation.
“The committee is looking forward to working closely with Barnaby and the Guernsey Finance Board to continue championing Guernsey’s strengths as a world-class financial centre on the global stage,” she added.