Jonathan Bailey is the new managing director of Nerine Trust Company . The previous managing director was Simon Filmer.

Bailey has more than 10 years’ experience working at a senior level within the private client sector in the UK and BVI. He will oversee all Nerine BVI operations and staff and takes on a prominent role within the group for marketing and business development, with particular emphasis on wealth structuring solutions available from the BVI for both private and institutional clients, Nerine said in a statement.

Prior to joining Nerine, Bailey worked as an in-house trust lawyer at TMF Group, formerly Equity Trust, in the BVI from 2009. He was previously an associate solicitor at Harneys in the BVI and an assistant solicitor at Dickinson Dees in the UK.

Wayne Francis has been promoted to deputy managing director of the BVI office after five years as Nerine’s finance director. Francis has worked in the BVI financial services industry as a financial controller and compliance officer for over 10 years.