“I’m really excited, it feels positive,” said Molloy following the briefing.
At Beau Sejour, Deputy Andrew Niles gave an overview of the a new strategy for the finance industry, which has been worked up by consultants Oliver Wyman.
The work has cost £559,300, with 62.5% of that being met by the States and the rest paid for by industry.
Niles said the industry could not afford to “stand still” and had held “14 round tables [meetings] across all the major sectors, in addition to bilateral and group interviews and discussions” to inform the strategy.
Some members of the Committee for Economic Development, which commissioned the project, voted against sanctioning the work.