We partner with licensed and regulated fiduciary firms, fund administrators, captive insurance and multi-family offices located in the Isle of Man.
We provide banking and lending services to high-net-worth individuals and single-family offices along with any associated trust and corporate structures. We also work with property entrepreneurs who invest in commercial, development and residential property in the Isle of Man or UK.
Representative office
Our Isle of Man business is a representative office of Investec Bank (Channel Islands). So while your relationship manager is based in the Isle of Man, the money you deposit and account(s) you open are with the bank in Guernsey.
Your Isle of Man representative office is licenced by the Isle of Man Financial Services Commission while your eligible deposits are protected by the Guernsey Banking Deposit Compensation Scheme.
Get a fresh perspective on what’s possible in the Isle of Man
Did you know, that the Isle of Man’s reputation for security and financial expertise makes it a popular place for the international community to live and do business? The island has particularly strong historical ties with South Africa, dating back to the 1800s. Emerging and exciting opportunities in the digital economy are attracting ever more overseas interest.
Get in touch with our representative office in the Isle of Man
Mark Beresford
Relationship Manager - Isle of Man
Location: Isle of Man
Speak to me about: Financial Intermediaries
I joined Investec in 2015 as Head of Isle of Man Rep Office and a member of the Relationship Management team. I'm responsible for driving the growth of the Isle of Man business and am your point of contact for the provision of general banking and lending information to clients in the Isle of Man Financial Intermediaries sector. I have over 35 years’ experience within the financial services sector both in the UK and the Isle of Man.
Saxon Carswell
Relationship Manager - Isle of Man
I joined our Guernsey office in January 2022 and later relocated back to the Isle of Man in 2023 as a Relationship Manager in the Representative Office. In this role, I provide a comprehensive liaison role for banking services to clients within the Financial Intermediaries sector.
With a strong foundation in financial services, I began my career in 2014 and have since gained valuable experience in Guernsey, Jersey, and the Isle of Man.
Jon Wagstaffe
Head of Financial Intermediaries - Isle of Man
Location: Isle of Man
Speak to me about: Financial Intermediaries
I joined Investec in 2019 to help establish a new office on the Isle of Man. My primary role is to liaise with local Financial Intermediaries and their clients for banking services and lending information. I have considerable experience in both Corporate and Private Banking and hold qualifications from the Chartered Insurance Institute, the Institute for Securities and Investment, and the London Institute of Banking and Finance.
Mark Beresford
Relationship Manager - Isle of Man
Location: Isle of Man
Speak to me about: Financial Intermediaries
I joined Investec in 2015 as Head of Isle of Man Rep Office and a member of the Relationship Management team. I'm responsible for driving the growth of the Isle of Man business and am your point of contact for the provision of general banking and lending information to clients in the Isle of Man Financial Intermediaries sector. I have over 35 years’ experience within the financial services sector both in the UK and the Isle of Man.
Saxon Carswell
Relationship Manager - Isle of Man
I joined our Guernsey office in January 2022 and later relocated back to the Isle of Man in 2023 as a Relationship Manager in the Representative Office. In this role, I provide a comprehensive liaison role for banking services to clients within the Financial Intermediaries sector.
With a strong foundation in financial services, I began my career in 2014 and have since gained valuable experience in Guernsey, Jersey, and the Isle of Man.
Jon Wagstaffe
Head of Financial Intermediaries - Isle of Man
Location: Isle of Man
Speak to me about: Financial Intermediaries
I joined Investec in 2019 to help establish a new office on the Isle of Man. My primary role is to liaise with local Financial Intermediaries and their clients for banking services and lending information. I have considerable experience in both Corporate and Private Banking and hold qualifications from the Chartered Insurance Institute, the Institute for Securities and Investment, and the London Institute of Banking and Finance.
Investec Bank (Channel Islands) Limited is a wholly owned subsidiary of Investec Bank plc. This document is distributed by Investec Bank (Channel Islands) Limited which is licensed in Guernsey by the Guernsey Financial Services Commission under the Banking Supervision (Bailiwick of Guernsey) Law, 2020, as amended, and the Protection of Investors (Bailiwick of Guernsey) Law, 2020, and the Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022 to carry on banking and investment business and the provision of credit in respect of Consumer Credit and Home Finance. Registered Address: Glategny Court, Glategny Esplanade, St Peter Port, Guernsey, GY1 1WR. Registered Number: 5845. The Jersey Branch of Investec Bank (Channel Islands) Limited is regulated by the Jersey Financial Services Commission to carry on deposit taking business under the Banking Business (Jersey) Law, 1991, as amended. The Jersey Branch address is 4th Floor, Liberation House, Castle Street, St Helier, Jersey, JE2 3BT. The Isle of Man Representative Office of Investec Bank (Channel Islands) Limited is regulated by the Isle of Man Financial Services Authority and its place of business address is Second Floor, The Old Courthouse, Athol Street, Douglas, Isle of Man, IM1 1LD.
Investec Bank (Channel Islands) Limited is a participant in both the Guernsey Banking Deposit Compensation Scheme and the Jersey Bank Depositors Compensation Scheme. These Schemes offer protection for “qualifying deposits/eligible deposits” up to £50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5-year period. Full details are available on request or alternatively on the Guernsey Scheme’s website www.dcs.gg or on the Jersey States website www.gov.je/dcs which will also highlight the banking groups covered. No deposit placed with Investec Bank (Channel Islands) Limited has protection from the Isle of Man Depositors’ Compensation Scheme nor the Financial Services Compensation Scheme under the Financial Services & Markets Act 2000 of the UK.