As Sancus continues to expand its operations, Sancus (Guernsey) Limited has announced the appointment of two new members to its team.

Simon Brown has joined Sancus (Guernsey) Limited as its Managing Director. Simon was previously at Investec, where he was Head of Private Client Lending. With over 15 years working in Private and Corporate Banking in London, Scotland, Guernsey and Jersey, he has extensive experience in lending solutions for Corporates, Private Clients, Trust Companies and Family Offices.

Simon is joined by Emma Isabelle, as Business Development Manager. With over 15 years banking experience and having previously worked for Barclays Bank, Emma will support Simon in developing the Guernsey office in providing a much needed financial lending service.

Group Chief Executive Officer, Andrew Whelan, said: “I am delighted to have Simon and Emma join our team in Guernsey. Guernsey is an important market for our Group, and I am confident Simon, with Emma, will play a significant role as we continue to develop across the islands, providing a valuable alternative to traditional lenders within Guernsey.”

Simon commented: “I am excited to join Sancus and be part of a dynamic team in such a fast-paced industry. Due to the constraints placed on traditional lenders, Sancus is filling the void created and is an important cog in the local financial industry.”

The alternative finance industry is a growing industry worldwide, addressing the demand for funding created by the retrenchment of traditional lenders. As a marketplace lender, Sancus delivers secured finance to both small-medium enterprises (SMEs) and high net worth individuals (HNWIs), offering an alternative and transparent way to lend or borrow. The flip side is potential savers seek alternative investments to the current low interest rates available from traditional banking sources, and want to diversify their portfolio; or are uncomfortable with the level of risk associated with either equity or bond exposure.