Argus CEO Gerald Simons used his latest visit to Gibraltar to attend an official signing ceremony to mark the company’s purchase of new premises at the prestigious new MidTown Gibraltar development.
Accompanying him at this landmark event were fellow Directors David Pugh, David Crowhurst and Andy Bickham, along with Andy Baker, Chief Executive (Europe), who heads up the Gibraltar operation.
The substantial investment made by Argus Insurance involves the purchase of a complete floor in the Rock Tower, the first phase of the development which will be adjacent to the present offices of Argus in Regal House.
“This purchase marks an important step in the development of our Gibraltar operation” commented a delighted Gerald Simons “Not only will it improve upon the services we offer to our clients but we feel it demonstrates our long term commitment to Gibraltar and the future of its financial services industry, in which we hope to play a leading role”.
The developers Commercial Development Investment Limited are planning on delivering the building in late 2010, by which time the Argus Group predicts the move into larger premises will be much needed in order to provide a better service to its growing client base in Gibraltar.