About Us
Directors
The Earl Cowley BSc, MBA
Formerly Chief Executive Officer of Thomas Miller Investment Limited and investment partner of Thos. R. Miller, a sponsor and manager of marine mutual insurance companies, a non-executive director of Scottish Provident International Life Assurance Limited and a member of the General Committee of Trustees, Lloyds Register Holdings. Resident in the Isle of Man.
Alex Foley
Formerly an executive director of Singer & Friedlander (Isle of Man) Limited and involved in offshore banking and trust management for over 25 years. Resident in the Isle of Man.
Arnie Iversen
Chairman and CEO of T.I.S Group Limited and of Absolute Assigned Policies Limited. Formerly CEO of Everyday Financial Solutions, the financial services arm of Littlewoods Shop Direct, the largest home shopping retail group in the UK. Mr Iversen has over 35 years’ experience in the Financial Services sector, of which over 25 years has been at the MD, CEO level. Resident in the UK.
The company secretary of the Fund is Stewart Fleming.
Custodian
BNP Paribas Trust Company (Guernsey) Limited is a private limited company incorporated in Guernsey on 27th October 2000 and has an authorised and paid up share capital of £1 million. It is a wholly owned subsidiary of BNP Paribas Securities Services (Holdings) Limited, a company incorporated in the Island of Jersey which is in turn ultimately owned, by BNP Paribas SA (a company incorporated in France). The Custodian’s principal activity is the provision of a range of trustee and custodian services. It is licensed under the Protection of Investors (Bailiwick of Guernsey) Law 1987.
Bank
The Royal Bank of Scotland International Limited Guernsey (RBSI) has been appointed as banker to Protected Water Fund plc. One of the leading bankers to financial intermediaries in Guernsey, RBSI boasts particular strengths in the captive insurance market, complemented by its own treasury, securities services, lending and trust experts.
Auditors
Deloitte & Touche of Douglas, Isle of Man have been appointed as auditors to the Protected Water Fund plc. Deloitte & Touche is an organization of member firms around the world in 140 countries whose services include audit, tax and consulting. Deloitte & Touche through their members firms have access to the intellectual capital of approximately 150,000 people worldwide.
Promoter
Protected Distribution Ltd.
Manager
Abacus Financial Services Limited act as Administrators to collective investment schemes and provide management and administration services in relation to collective investment schemes. In addition to providing administration and management services to the Protected Water Fund plc, Abacus Financial Services Limited currently administer 26 funds with assets in excess of £1.8 Billion.
