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Oak Group hires chief operating officer, promotes 11 pct of staff

By Andrei Skvarsky.

Channel Islands-based financial services company Oak Group has hired a new chief operating officer and promoted 11 per cent of its staff, about half of them compliance specialists.

The work record of David Ainger, the new COO, includes jobs at information technology services companies Logica and Accenture. A statement from Oak credited him with “extensive experience” in work “across multiple jurisdictions and service lines”.

Oak, whose specialism includes investment consultancy and fund administration, has altogether promoted 24 staff members at its offices in Guernsey, Jersey, the Isle of Man and Mauritius.

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