Richard Le Tocq appointed Head of Locate Guernsey team
9th February 2016
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The head of the team to promote Guernsey as a relocation destination has been announced. Richard Le Tocq, who is also the chairman of the Guernsey branch of the Institute of Directors, will lead Locate Guernsey, which has a mandate to encourage businesses and high net worth individuals to move to the Island.
Locate Guernsey’s aim is to enhance the Island economy through the arrival of businesses that bring employment opportunities as well as the relocation of wealthy individuals into the Open Market who bring other long-lasting benefits.
Mr Le Tocq said…
‘I have been extremely supportive and interested in this project since its inception and am delighted to be given the opportunity to head up the Locate Guernsey initiative. Locate Guernsey will be the most effective if it works collaboratively with on-island businesses, so getting these partnerships established will be a key part of my role. Seeking out and securing leads is of course vital, and I want Locate Guernsey to be doing this as part of a supportive Guernsey business community. I know there’s a great deal of positive feeling towards the Locate Guernsey concept and I’m looking forward to building on that very strong foundation.’
Mr Le Tocq will be supported in his work by a network of Locate Guernsey business representatives. These will be individuals who will carry the Locate Guernsey message as Island ambassadors as an extension of their professional roles, as well as dedicated support personnel, who will be appointed on a contract basis to utilise expertise in different business areas. This will help to maximise profile for Locate Guernsey and will also generate new opportunities.
Mr Le Tocq, has 25 years’ experience of the Guernsey Financial Services sector, has an excellent track record in senior roles in business as well as executing the role of Chairman of the Guernsey branch of the Institute of Directors. He will take up his post in early January 2016.
The Locate Guernsey team is also being expanded with Commerce and Employment’s appointment of a Business Executive whose role will be to run the Locate Guernsey back office operation in support of the promotional and leadership role to be undertaken by Mr Le Tocq. He will be further supported by ongoing help from the Department’s Business Relationship Manager who currently assists businesses that are looking to set up operations in the Island.
The Commerce and Employment Department, ahead of these appointments, has in collaboration with key on-island stakeholders, already produced Locate Guernsey promotional material. This includes electronic and hard copy brochures, an information rich web portal – www.locateguernsey.com – and the creation of a Locate Guernsey brand to support all of these. All of these have been developed with the expertise and skills present in various Guernsey businesses. The brand and the various positive Locate Guernsey messages have also been promoted at events on and off island that reach the key target audiences.
The Commerce and Employment Department has received more than fifty relocation enquiries from off-island businesses and individuals, since the start of the year which have been managed by its officers working under the Locate Guernsey banner. Of these, five have translated into actual relocations yielding positive economic and employment benefits for the island, with an additional 25 which are currently live and investigating locating in Guernsey. In these instances, Locate Guernsey assists by providing advice requested by enquirers and, if required, facilitating meetings and introductions to Governmental and other contacts.
Deputy Kevin Stewart, the Commerce and Employment Department Minister said…
‘My Department has been busy on Locate Guernsey for some months now but with Richard’s appointment there will be a significant upturn in activity. Along with the recent announcement of the location of the Digital Greenhouse, this expansion of dedicated Locate Guernsey resources underlines how important the Department views proactivity and business development. We expect each project to be very positive for the other and Locate Guernsey will lead to enhanced business flows into Guernsey and, we expect, greater sales activity in the Open Market as well as a result.’
Locate Guernsey is financed by a grant to Commerce and Employment from the newly established Economic Development Fund. The business case that secured funding is built upon the generation of positive economic flows into the States of Guernsey and the wider Island economy.