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Cayman Islands firm opens office in Northern Ireland

by theamericannews
February 20, 2025
in Cayman Islands
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Cayman Islands firm opens office in Northern Ireland
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From left, lan Wilson, Invest NI, Darren Leonard, Paget-Brown Financial Services and Richard Christie, Invest NI

A financial services firm based in the Cayman Islands is investing £1.2m in Northern Ireland as it opens an office bringing 12 new jobs.

And a man from Co Londonderry, who’s a director at Paget-Brown Financial Services, said he had driven the company to set up here.

The financial, regulatory and governance services firm was founded in the Cayman Islands in 1981.

It employs 40 staff and has a growing client base across the Middle East, Europe, and North America, and has now opened an office at River House on Belfast’s High Street.

Ryan Cooke from Limavady said: “Having seen first-hand the high level of financial expertise in Northern Ireland, I knew this was the ideal location for Paget-Brown’s expansion.

“Northern Ireland provides access to a highly skilled workforce with the regulatory, governance, and financial expertise we need to serve our clients worldwide.

“We are excited to establish a strong presence here and look forward to growing our team.”

Economic development agency Invest NI said it had been working with the firm for nearly two years to secure its commitment to NI.

Alan Wilson, Invest NI’s head of international investment, said: “Paget-Brown’s decision to establish a presence here highlights Northern Ireland’s standing as a premier destination for financial and professional services.

“The creation of 12 high-value jobs, offering competitive salaries will provide excellent career opportunities for our local talent to work within an international business which services global customers, whilst further strengthening our industry expertise and international reputation.

“The hybrid nature of these roles will also ensure accessibility for professionals across Northern Ireland, helping to drive inclusive economic growth.

“We are pleased to support Paget-Brown and look forward to seeing the company thrive as a key player in our business community.”

Roles at the company include qualified governance professionals at mid and senior levels, as well as scope for further recruitment in regulatory and fund administration services. All roles are expected to be in place within the next two years.

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Publish date : 2025-02-19 17:42:00

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