ABACUS has announced the appointment of Alistair Stewart as director of the company's new UK operation Abacus Fiduciary Services Limited.
Alistair will promote Abacus' offshore tax planning products to UK intermediary clients, together with the vast array of other products and services offered from both the Isle of Man and Malta offices.
He will maintain and build on existing relationships and develop new ones with the view to maximising business potential. His main focus is to promote and highlight effective tax planning structures, such as trust structures and investment structures, which will be administered in the Island.
Chris Talavera, chairman of the Abacus Group, said:"We are pleased to welcome Alistair to Abacus. His experience and knowledge in the industry will be a valuable addition to the development of our business and services in the UK market.
"Our new UK operation is an integral part of our growth strategy and complements our focus to diversify our business markets and service offerings."
Alistair is a chartered tax adviser and a member of the Chartered Institute of Taxation. He has more than 18 years experience advising owner managed businesses and high net worth individuals regarding their tax affairs.
Prior to joining Abacus, Alistair was a FIMBRA registered life and pension broker before completing his tax transformation in the 1990’s via Pannell Kerr and Forster, Grant Thorton and Arthur Anderson.
Commenting on his appointment Alistair said: "The opportunity to take the quality of the Abacus brand to a wider UK professional audience is full of possibilities.
"In particular, the new Malta office will be popular with international tax and wealth advisers and I look forward to exploring possible bespoke corporate and personal structures with new and existing introducers alike."
Alistair will spend the majority of his time in the UK however he will visit the Island frequently.