Thursday 4 July 2019

Investec Private Bank Channel Islands chooses new MD


Brendan Stewart has been delegated Managing Director of Investec Private Bank in the Channel Islands and Isle of Man, succeeding Stephen Henry, who is resigning following 10 years in the post.

Stewart has held various senior jobs with Investec Bank Limited in South Africa in his 14 years with the gathering, including Regional Head, Investec Private Bank in Durban, and for as far back as decade has been in charge of developing the provincial Private Banking business inside the locale and a staff of 130 individuals. During this time he sat on the bank's National Management Committee, which supervises improvement and methodology in South Africa.

Beforehand Stewart held administration positions with bookkeepers Grant Thornton and EY, and the London-based investment firm, Unilever Ventures.

Stewart says: "Above all else I need to pay tribute to the commitment that Stephen Henry has made to the accomplishment of Investec Private Banking in the Channel Islands, showing sound administration and vision to assemble our group of experts. I am anticipating working with our groups in Guernsey, Jersey and Isle of Man as we keep on structure on strong establishments and convey fantastic administration and adaptable financial answers for our customers.

"The Channel Islands and Isle of Man are exceedingly respected, and legitimate worldwide money focuses and Investec is focused on keeping up the gauges of brilliance and polished skill for which we are known."

Stewart is a former student of Harvard Business School, having finished the Program for Leadership Development, is an individual from the South African Institute of Chartered Accountants, is a Fellow of the Chartered Institute of Management Accountants and holds a Degree and Post-Graduate Diploma in Accounting from the University of Natal in Durban.

Thursday 24 November 2016

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Thursday 30 June 2016

Cima C05 Exam Question No 58

Question No 58:

Which one of the following is an employer today always bound to do?

A.
Give a testimonial to an employee who asks for one when he or she wishes to leave.
B.
Insure himself against possible occupational safety liabilities to employees.
C.
Pay wages to an employee during absence for illness.
D.
Prohibit smoking indoors.

Answer: B

Thursday 23 June 2016

Cima C05 Exam Question No 57

Question No 57:

Which of the following statement is INCORRECT?

A.
There is a general duty on every employer under the Health and Safety at Work Act 1974 to ensure, so far as is reasonably practicable, the health, safety and welfare at work of all his employees.
B.
The Employers Liability Commission is responsible for the enforcement of the Health and Safety at Work Act and related legislation
C.
In terms of the Management of Health and Safety at Work Regulations, employers are required to carry out a hazard analysis of their business operation.
D.
Employers should check that potential employees are legally entitled to work and remain in the UK

Answer: B

Thursday 16 June 2016

Cima C05 Exam Question No 56

Question No 56:

An employer must provide an employee with a written statement of particulars of the employment:

A.
Within one month of the employment commencing.
B.
As soon after the commencement of employment as possible.
C.
Within two months of the employment commencing.
D.
Within a reasonable time of the employment commencing.

Answer: C

Friday 10 June 2016

Cima C05 Exam Question No 55

Question No 55:

In relation to a claim for wrongful dismissal, which of the following statements is CORRECT?

i. Only employees below the normal retiring age may claim.
ii. There is frequently no limit on the amount of compensation that a tribunal can award.
iii. Claims must be made within 3 months of the dismissal.

A.
i only.
B.
ii only.
C.
iii only.
D.
None of them

Answer: D

Friday 20 May 2016

Cima C05 Exam Question No 54

Question No 54:

Which of the following statements suggests that John is an independent contractor in relation to the work he carries out for Zed Ltd?
i. He is required to provide his own tools.
ii. He is required to carry out his work personally and is not free to send a substitute.
iii. He is paid in full without any deduction of income tax.

A.
i and ii only.
B.
ii and iii only.
C.
i and iii only.
D.
i, (ii) and iii.

Answer: C