The international division of Close has appointed Mark Coxshall as director of risk.

Coxshall will be based in Jersey and will be responsible for risk management in Guernsey, Jersey and the Isle of Man.

Andrew Henton, head of offshore businesses for the Close asset management division, says: "Close is delighted to have Mark on board. His valuable experience will help further develop Close’s stringent approach to risk management at all levels. The current financial climate has punished those who ignore risk, which is why we are keen to maintain our track record of prudent management, stability and sound investment practises."

Coxshall has worked internationally and represented Jersey on networks such as the Egmont Group of Financial Intelligence Units, Camden Asset Recovery Inter-Agency Network and as a leading figure in Jersey’s 2008 International Monetary Fund review.

He has also held a position on the Anti Money Laundering Strategy Group where he worked closely with the Jersey Financial Services Commission and the Law Officers’ Department.

Joining Close from his previous role as the head of the Joint Financial Crimes Unit within the States of Jersey Police, Coxshall brings with him 19 years of investigative experience in a variety of senior policing roles.