Deloitte Gibraltar announces the launch of its new Financial Advisory Services (FAS) team. Focusing on Corporate Finance and Transaction Support services, Deloitte’s specialised FAS team would provide, among other services, M&A due-diligence and deal structuring; initial public offerings; preparation of business plans and economic valuations; advisory on private equity and institutional financing and more.

The new move has been described by Stephen Reyes, Managing Partner as “a further step towards offering specialised services to meet our clients’ business and financial needs.”

The launch of the new services has been complemented by the arrival of Mr. Eran Shay who has joined Deloitte Gibraltar from Deloitte Tel Aviv, Israel where he has worked for over 8 years, serving as a Senior Manager in the Financial Advisory Services (FAS) group.

Eran Shay has many years of experience in the fields of Corporate Finance and Transaction Support: he has led several Initial Public Offerings of Israeli companies on the London AIM and Main Stock Exchanges, as part of Deloitte’s role as Reporting Accountant and has been involved in numerous M&A transactions, from target screening, through duediligence to financial closure. Coming from the highly entrepreneurial Israeli market, Eran also specialises in the preparation of business plans, feasibility studies and venturecapital fund raising for both startups and mature companies in a variety of industries including: telecommunications, technology, financial services, real estate, e-business, life sciences, hospitality, and more.

Commenting on the Gibraltar market, Eran Shay has said: “the rapid development of Gibraltar as an international finance centre, along with the advent of the proposed GibEx is turning Gibraltar into a breeding ground for M&A and investment activity. Deloitte offers transaction execution skills, extensive industry knowledge and a proven highly collaborative approach, to make each transaction a successful one.”

In a bid to position itself as a family restaurant catering to all tastes and to shake off the stigma attached to fast food outlets in general, Pizza Hut in Gibraltar has recently introduced a varied menu that sees the addition of healthy eating options, pasta dishes and meat to its traditional, mainly pizzafocused menu.

Freshly made pasta with a wide range of home-made customised sauces, ribs, chicken and mouth-watering vegetarian dishes are now offered alongside the established pizza menu, which has seen the introduction of new exotic flavours and toppings.

The popular buffet and salad bar are now not available after 5.30 pm and have been replaced with a new, wide range of salads with the freshest ingredients as well as a variety of delicious dressings, ready to tempt the evening customer.

The restaurant itself has been given a complete overhaul to create a cosier dining experience, with softer lighting, ambient music and more comfortable seating. A variety of wines, desserts and fresh coffee are now on offer, encouraging diners to take their time over their meal.

Commenting on this change in direction, Operations Manager Ginny Cooper says “By changing our look and expanding our menu we are providing an all-encompassing alternative dining experience to the people of Gibraltar, while not alienating our faithful clientele who come back time and again for the most delicious pizzas in town!”

Pizza Hut in Casemates Square is open from ( 12.00 to 10.30 Mon – thur and 12.00 to 11.00 weekends).

The Chamber recommends that all members should study the recently announced Draft Gibraltar Development Plan. The plan is currently being exhibited at the Casemates Upper Gallery during working hours, Monday to Friday and is also available online at www.gibdevplan.gov.gi.

In particular, if members believe that any parts of the Plan are likely to impact their business adversely they are urged to contact the Chamber. Points to consider might include the removal of loading bays, business interruption caused by proposed new developments or reduced access to their premises among others.

The Chamber will make all reasonable objections on behalf of members who for any reason may not wish to make an objection directly. The deadline for all objections is by Tuesday 16th October so members are advised to make any representations via the Chamber well before this date.

If you think your business will be adversely affected by some of the proposals in the Plan and you want the Chamber to help, call the Chamber on 78376 or email on info@gibraltarchamberofcommerce.com

The Royal Bank of Scotland International continues to strengthen its corporate banking division in Gibraltar with two new appointments

Jordan Ramagge has been appointed to Associate Relationship Director. An RBS International employee for ten years, Jordan will take on responsibility for an Intermediary portfolio and will play a major role in developing niche market areas within the portfolio.

As well as bringing wide experience from working in several areas of the Bank, Jordan holds the Chartered Management Institute Diploma in Management and has a Masters in Business Information Technology from Kingston University.

Karen Duncan has been appointed to Relationship Manager Support where she will take specific responsibility for RBS International’s new Property portfolio. Karen’s new role is in response to the growth in the property sector and reflects RBS International’s commitment to servicing the residential and commercial property market. Karen has worked for RBS International in Gibraltar since 2002.

Marvin Cartwright, Head of Corporate and Financial Institutions at RBS International, commented:

‘One of the strengths of the Bank is its ability to provide financial services solutions for intermediaries in niche sectors of the market place and these two appointments strengthen our capabilities to deliver increasingly specialist services from Gibraltar. With continued impressive growth in our business and the Jurisdiction we will be expanding our team further in the next few months”

Polina Veronina has joined us in the London office where she is a Trainee Solicitor with an LLB (Law degree) from King’s College London and an LLM (Masters) from University College London, now one year into her training contract with Marrache & Co.

Maria Perez Born Bilbao (Spain), 1st June 1977, admitted as Abogado to the Bar of Vizcaya 2003; admitted as a Solicitor to the Bar of England and Wales 2007.

Education:
University of Deusto, LLB (or B.A.Hons) Licenciada en Derecho, LLM International Law ISDE-University of Barcelona

Practice Area:
Company, Comercial and Real Estate

She joined our firm around two months ago as a Spanish Abogado dealing with Spanish property transaction in UK with British people. A very unusual and unique service we offer in London.

The Royal Bank of Scotland International has strengthened its Corporate and Financial Institutions Unit with the appointment of two new Assistant Relationship Directors in Gibraltar.

Claire Romero and Erika Bagi will assist in the management of a diverse range of portfolios ensuring that RBS International continue to provide a first class professional service to customers. Claire and Erika will particularly focus on business development and credit assessment.

Claire Romero, an RBS International employee since 1999, has held a number of different roles within the Bank, most recently as Relationship Manager in the Retail Small Business Department. In this role Claire provided support to the Corporate Relationship Director and took day to day responsibility for account and operational management.

Erika Bagi has worked with RBS International since 2004, most recently as a Team Manager for Corporate Services and Customer Administration. In this role Erika oversaw the management of the Corporate Service team and the Customer Administration team, taking an active role in each team member’s professional development. She also held responsibility for enhancing relationships with clients.

Marvin Cartwright, Head of Corporate and Financial Institutions at RBS International, commented, “It is great news for RBS International that Claire and Erika have moved onto Assistant Relationship Director level. Their appointments will greatly strengthen the Corporate and Financial Institutions Unit as we look to grow market share, specialising in niche sectors such as Insurance, Funds and e-Gaming. Our focus is to put more investment in the front line thereby resulting in an even better service to our customers.“