Intertrust has appointed a new head of funds in the Channel Islands, and an associate director to further develop its funds offering across the islands.

Michael Johnson joins the company as head of funds in the Channel Islands and will be responsible for developing the funds strategy across Jersey and Guernsey, with a particular focus on private equity, debt and real estate fund administration.

Mr Johnson was previously head of fund services at BNP Paribas and also worked in London where he specialised in the oversight of outsourced investment mandates for Swiss Re Asset Management.

He is a chartered accountant and committee member of the Jersey Funds Association and will apply his experience to building on Intertrust’s position as a leader in fund services globally.

Lucy Silvestri has joined the funds team as associate director and brings over 10 years of experience in fund administration.

Ms Silvestri will be responsible for three teams and their associated portfolios, as well as taking on client directorships. She has a particular specialism in achieving operational efficiencies, with several years’ experience in varying structures and products within private equity.

Intertrust’s funds team in the Channel Islands is part of the firm’s global provision and the local team has multi-jurisdictional clients and responsibilities.

Simon Mackenzie, Managing Director of Intertrust in Jersey said: “We’re very proud of our funds offering in the Channel Islands and it plays a major role in the firm’s global provision of fund services. We’d like to welcome Michael and Lucy to Intertrust and look forward to working with them to ensure that our funds team continues to offer excellent client service coupled with market-leading technology.”