The Association of Corporate Service Providers has announced that Mark Denton, managing director at SMP Partners, has been co-opted on to the ACSP board and appointed its new chairman, confirmation of which will be sought at the association’s October AGM.

As chairman Mr Denton will succeed Phillip Dearden, managing director of PFK (Isle of Man) LLC, who has held the post for more than five years.

Mr Denton, who has 25 years’ industry experience said: ‘I am pleased to be joining the board of the ACSP, a distinguished body that has represented the interests of the CSP industry to great effect for the last 12 years. During that time the combined vision of the association’s chairmen and board members has done much to advance the aims of the ACSP and I am relishing the challenge to build on their achievements. I would particularly like to thank Phillip Dearden for his excellent term as chairman during which the association has gone from strength to strength.

‘At this time of uncertainty, the ACSP has a vital role to play in helping create a positive business environment and bring resilience to the island’s financial services industry as a whole. Against this background it is my intention to take a very active role as ACSP chairman, bring a fresh perspective and, with the board’s support, to strengthen our dialogue with the government and the FSC. I also hope to extend the association’s reach by increasing our engagement with other trade and professional bodies.’

Welcoming Mr Denton to the board Mr Dearden said: ‘At the heart of the ACSP is its mission to serve as the CSP industry’s voice in its dealings with government and regulatory bodies. As an accomplished CSP professional Mark is ideally equipped to develop the ACSP’s constructive consultative approach, introduce innovation and lead the association in its continuing efforts to help secure the island’s future economic stability.’