GOVERNANCE
Our board members are all professionals in the business, financial and banking industry and have come together to help create and build the business from the ground.
Our board members are all professionals in the business, financial and banking industry and have come together to help create and build the business from the ground.
Albert Langston brings extensive experience and understanding of retail, commercial and private banking as well as trust and company management. This has been built over a period of over 40 years. He is a Fellow of the Chartered Institute of Bankers and is Chairman of the Board of Directors of the Gibraltar International Bank Limited.
He is a former Chairman and Country Manager of Lloyds Bank Gibraltar and former Assistant General Manager of Barclays (Gibraltar Management) Limited. He has been President of the Gibraltar Bankers’ Association (two terms) as well as having served on the board of the Gibraltar Deposit Protection Scheme and founding member of the Gibraltar Finance Centre Council. He is also a former Chairman of the Gibraltar Magistrates’ Association and a Lay Assessor for complicated financial Supreme Court cases.
Lawrence commenced his career in 1976 with Barclays Bank in Gibraltar as a Client Relationship clerk. During his 20 years of service with Barclays Bank he fulfilled a number of roles of which the most senior positions were, Finance Manager, Training Manager, Human Resources Manager, Manager of Corporate Lending and Head of Retail Lending and Securities for Advances. In 1996 Lawrence joined the Swiss Private Bank Lombard Odier & Cie in Gibraltar as Chief Financial Officer and with overall responsibility for Human Resources.
In 2003 he became Chief Operating Officer and Deputy CEO, both positions which he retained until Joining The Gibraltar International Bank as CEO in May 2014. Lawrence was also responsible for the Financial Controlling function of Lombard Odier & Cie London Office from 2009 to 2011 with responsibility for regulatory reporting to the FSA and Head Office. He also served in the Board of both The Gibraltar Investor Compensation Scheme and The Gibraltar Deposit Guarantee Scheme from 2007 to 2013. Lawrence was a Committee member of the Gibraltar Bankers Association from 2007 to 2010, being made Vice President in 2009/10. In 2006 he also formed part of the Basle II implementation committee.
Derek worked for Barclays Bank for 40 years. During his time with Barclays he gained extensive experience within the retail banking arena having worked in a junior capacity within the Cash, Foreign Exchange, Accounts, International Deposits and Customer Services Departments. Moving up the structure he was given the opportunity to lead the Customer Services department and subsequently took up his first senior management role as Operations Manager leading a team of over 60 staff members.
Derek then went on to fulfil roles as Finance Manager and Human Resources Manager before being promoted into a role as Personal Sector Director leading the retail banking operation for Barclays in Gibraltar. Following a restructure within the business Derek was offered an opportunity to lead the Personal Sector business both in the local retail and international markets, during this time he was also the Deputy Country Manager. During his 40 years with Barclays he participated in five system migration projects, three business transformation projects playing a leading role in most of those. Derek was also a member of the Board of the Gibraltar Bankers Association and served as Vice President for two years. In recent years he also assisted the Gibraltar Government by forming part of consultative committees in connection with the implementation of the European Savings Directive in Gibraltar and recently on the creation of the Gibraltar International Bank.
On 12 June 2014, Peter was appointed as Queen’s Counsel in Gibraltar and is a senior partner of Hassans International Law Firm. Peter’s area of expertise is in commercial and private client matters. He has also advised on numerous financial services, regulatory and trust related matters. Peter was closely involved in the IPOs of various gaming companies established in Gibraltar, which have been listed on the London Stock Exchange. Peter has been closely involved in drafting numerous changes to Gibraltar’s legislation in trusts, financial services and gaming areas. His knowledge of these fields has led him to contribute to a large number of articles and books on Gibraltar’s legal system and financial services sector. Peter regularly speaks at international conferences relating to these areas of practice.
His work frequently requires him to deal with multiple jurisdictions as a result of which the firm has built a considerable bank of international knowledge in tax and private client arrangements. He is a member of the pre-eminent global gambling law networking and educational organization, International Masters of Gaming Law. Peter was also Gibraltar’s Minister for Trade and Industry, with responsibility for economic development and financial services, between May 1996 and February 2000. Having graduated from Leeds University, Peter attended the Inns of Court School of Law as a member of Lincoln’s Inn. Peter qualified as a Barrister in 1982, becoming a partner of Hassans in 1988.
Marcus Killick (LLb Mphil) is the Chief Executive Officer of Isolas law firm, he is also Non-Executive Chairman of the Gibraltar Stock Exchange (GSX) and Managing Director of Rock Publishing Ltd (owner of the Gibraltar Magazine), as well as a non-executive director of Tradewise Insurance Company Limited and Callaghans Insurance Brokers Limited. Prior to these roles he served as CEO of the Gibraltar Financial Services Commission for nearly eleven years.
He was called to the Bar in England in 1989 and admitted as a Member of the New York State Bar in 1990. He is also a Chartered Fellow of the Chartered Institute for Securities and Investments. Marcus was awarded the OBE in the 2014 New Year’s Honours List. Marcus was also Chairman of the Gibraltar Investors Compensation Scheme and the Gibraltar Deposit Guarantee Board as well as the Group of International Insurance Centre Supervisors. Marcus is also a director of a number of other companies including Kalphe Advisory Ltd and Kalph Properties Ltd.
Prior roles also include Deputy Chief Executive of the Isle of Man Financial Supervision Commission, Head of Banking and Investments at the Cayman Island Monetary Authority and Director in KPMG’s Financial International Regulatory Services Team. Marcus was one of the founding directors of the United Kingdom Association of Compliance Officers (Subsequently renamed the Compliance Institute). He was also principle author of two Transparency International’s reports on Money Laundering.
Stephen qualified as a Chartered Accountant in the City of London and has been in private practice in Gibraltar for over 25 years. A registered auditor in Gibraltar with extensive experience in auditing, tax and corporate finance work, Stephen is a founding partner of the Deloitte firm in Gibraltar and currently leads the practice as its CEO, servicing international and local companies and private clients across a variety of industries. He is the nominated audit partner on several of the firm’s largest clients.
He is currently the Chairman of the Gibraltar Finance Centre Council having been on the council for six years initially representing the Gibraltar Society of Accountants and later as deputy chairman. A former President of the Gibraltar Society of Accountants and former chairman of the Society’s Tax Faculty, Stephen represented the Society in consultations with the Government on the introduction of audit regulation in Gibraltar in 2009 and led the Finance Centre Council’s response to the Government’s consultation on the revamp of Gibraltar’s tax system in 2010. Stephen became a director of the Gibraltar International Bank in September 2014.
Colin Vaughan is the Territory Senior Partner of PricewaterhouseCoopers in Gibraltar. He has served as the firm’s managing and territory senior partner for the last 13 years. He has also served as PwC Gibraltar’s Assurance, Risk Management and Operations Leader. He continues to lead teams in providing services in Assurance, Advisory and Tax.
Colin is a past President of the Gibraltar Society of Accountants. He has also served separate terms as Chairman of the Society’s Audit, Tax and Accounting Faculties. He has held other prominent local appointments as a Board member of the Regulator’s Audit Advisory Panel, the Financial Centre Council, the Investor Compensation Scheme and the Deposit Guarantee Scheme. He also takes an active role in local activities and charities and is a trustee of a local Catholic School.
Peter Isola is the Senior Partner of the family owned Isolas law firm. Mr Isola is also the Chairman of the Fiduciary Group of Companies. He also holds appointments as a non-executive director of various regulated entities in the fields of banking, insurance, financial services, telecommunications and gaming. His areas of practice include Private Client, Financial Services (in particular banking and Insurance) and Internet Gaming. Mr Isola is Gibraltar’s contributor to Tolley’s “Planning and Administration of Offshore and Onshore Trusts” and Tolley’s “International Succession Laws”. In addition he is also Gibraltar’s Contributor to European Law Series on Insurance.
Mr Isola is a former President of the Gibraltar Chamber of Commerce (2002 to 2007) and former Vice Chairman of the Gibraltar Bar Council; President of STEP Gibraltar Branch; Representative of the Bar Council and STEP on the Gibraltar Finance Centre Council. He was called to the Bar of England and Wales in addition to Gibraltar in 1982. In 1985 he also became a Notary Public. Having graduated from Kingston University, Surrey, Peter, attended the Inns of Court School of Law as a member of the Inner Temple.
Tony started his career in 1976 with Marks & Spencer in their London Head Office as a graduate trainee. He spent 5 years with them in various merchandise management roles before returning to Gibraltar to join the family business, York Limited, which operated a Marks & Spencer outlet. Today, he owns and operates three retail franchise businesses in Gibraltar- Marks & Spencer, Next and Early Learning Centre and also owns and operates a Mark & Spencer franchise in Marbella, Spain.
He is a founding director and shareholder of Broadband Gibraltar Ltd which trades as Sapphire Networks, this company was the first telco to be licensed in Gibraltar after liberalisation in 2004 and is a leading supplier of bandwidth capacity from the outside world to the gaming industry and others in Gibraltar as well as having its own data centre. Outside of work Tony has been a Director of the Gibraltar Chamber of Commerce between 1992 and 1998 and President of the Chamber between 1996/1998 as well as having served on various public boards- Conditions of Employment, Tourism Advisory, Economic Advisory Council and Business & Commerce Advisory Council between 1995 and 2012.
Mr Tirathdas retired in August 2014, after almost 40 years of service for the Government of Gibraltar. He was Accountant General for 12 years (1995 to 2007) and then Financial Secretary for 7 years (2007 to 2014). He is a qualified barrister and a Fellow of the Chartered Institute of Bankers - FCIB.
During his tenure as Financial Secretary, Mr Tirathdas had numerous other roles and responsibilities. These included Commissioner of Currency, Chair of the Treasury Tender Board; Member of the Development Aid Advisory Committee; Member of the Development Appeals Tribunal; and Public Officer responsible for the operation of Government Lotteries. He also served on the Board of Gibtelecom Ltd and AquaGib Ltd and on the Boards of many Government-owned companies, public agencies and authorities, including the Gibraltar Electricity Authority, the Gibraltar Health Authority and the Gibraltar Port Authority. He also had responsibility for directing the investments of the Gibraltar Savings Bank.
After his retirement as Financial Secretary, Mr Tirathdas served as a Public Finance Consultant and Crown Counsel until 31 March 2017. He was appointed as Public Services Ombudsman on 1st April 2017 and continues to serve as a non-executive director of the Gibraltar International Bank Ltd.