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Bridgewater (IOM) Limited Board Appointments announced

Wednesday 5 January in Business

Bridgewaters are pleased to announce the recent appointments of Mark Veale as Managing Director and Patrick McCarrick as Compliance Director.

Mark joined Bridgewaters in November 2021, bringing with him over 25 years of experience in the financial services, fiduciary management and administration sectors, spending the past 20 years specialising in the off-shore fiduciary sector.

Prior to joining Bridgewaters, he was Managing Director at LJ Fiduciary where during his tenure he oversaw the successful growth of the business from 14 staff to over 40.

Mark commenced his career with RBS Group before moving into Trust and Administration with Barclays Private Bank & Trust, now known as Zedra, and then held senior client service positions in respected independent firms Kreston and Equiom.

His experience includes managing property owning wealth structures; traditional wealth ownership structures; as well as administering trading companies and their activities. Mark holds the STEP Diploma in International Trust Management and is an associate member of the Institute of Directors.

“I am excited to be joining the enthusiastic team at Bridgewaters”, Mark commented on his appointment “I feel honoured to be leading the team as we take the business forward to the next phase of its continued success.”

Patrick joined Bridgewaters in May 2021 and has in excess of 28 years experience within the Isle of Man financial services sector.

Patrick is a Fellow of the International Compliance Association (ICA) and a Member of the Institute of Directors (IOD). During his career he has held a wide range of Compliance, MLRO and /DPO roles at senior management and director level.

These roles include 14 years working within the fund administration and fund management sector and 4 years with a “big four” accountancy firm, where he gained invaluable industry knowledge across a broad spectrum of financial services sectors, including banking, investment & fund management and fiduciary services. In his most recent role Patrick acted as Director – Risk and Compliance, MLRO and DPO for a leading CSP/TSP and family office based in the Isle of Man.

Patrick commented “I am delighted to join the Bridgewaters team at what is an exciting time for the funds and TCSP sector and the Isle of Man. I am also looking forward to working alongside our new Managing Director and the recently appointed Non-Executive Directors.”

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