Investment manager

Local investment manager Spring IM expands its team

Local investment manager Spring IM has appointed Chantal Botterill as COO.

A trusted professional with over 30 years’ experience, Chantal (pictured) brings extensive expertise in managing and motivating teams to the company that launched the Channel Islands’ first digital investment platform more early this year.

A former COO of an independent pension fund, investment and insurance business, and a former trust business support manager at a bank-owned trust company, Chantal will manage the operations of the day-to-day business, will oversee the compliance function, further develop the pension offering while working closely with the company’s Board of Directors.

In addition to Chantal’s appointment, Spring IM further expanded the team with the appointment of Evangeline Stammers as office assistant, bringing the team size to six.

Simon O’Donoghue, Managing Director of Spring IM and current Executive Chairman of the Channel Islands Wealth Management Association, said of Chantal: “After a successful first year, which saw many islanders adopt our technology, we are delighted to be expanding the team and welcoming Chantal and Evangeline. As a senior executive who provides the management, leadership and vision to ensure the success of the organization, Chantal brings with her management and pension expertise that will be extremely valuable in Spring IM’s next phase of growth. .

Chantal said: “This dual role allows me to combine the two areas I’m most passionate about – operations and repo – for a company that brings something very dynamic to the market – a cutting-edge investment solution, totally digital, which has not been delivered to the international market before.

“Combining this with my level of experience in pensions, Spring will bring something totally revolutionary to the world of offshore pensions. Using Spring IM’s digitized investment solution seems like a natural path.

The Spring IM client platform provides islanders with access to daily reports, allowing users to review their portfolio performance in detail and view any other related investment accounts they may also hold with Spring IM. The client platform offers a viable alternative to a traditional bank savings account or pension and also allows parents to create accounts that can be assigned to their children, helping them to develop their financial literacy.

Founders, Simon O’Donoghue and Alfie Greenway created Spring IM to fill a gap in the Channel Islands financial services market. The duo, who have more than 45 years of experience in the sector, acknowledged that many islanders would like the opportunity to invest their money but would not qualify in terms of “wealth” with existing wealth management companies. on the island. .