One of the bosses at Douglas-based e-gaming company Newfield is moving to a big corporate services company.

Mark Reynolds, the former chief operating officer and director at Newfield, has been appointed as managing director of SMP Group’s office in Douglas.

Mr Reynolds has worked in the corporate services and gaming industries in the island for the last 15 years and previously worked at SMP between 2010 and 2014.

An associate member of the Chartered Institute of Secretaries and Administrators, Mr Reynolds has held a number of business development positions throughout his career, and has previously worked with Newfield, Boston Ltd, and IQE Ltd.

He said: ’I am delighted to be re-joining SMP as managing director of the Isle of Man office, particularly at such an exciting time for the group.

’The company has such a well-known presence and strong reputation within the industry, and I look forward to working with the team, bringing my own knowledge and expertise, and being a part of the next chapter of the SMP story.’

The company says that in his new role, Mr Reynolds will oversee the overall operation and performance of the company’s Isle of Man office, while contributing to the overall strategic development and leadership of the wider international group.

Group chief executive officer David Hudson added: ’We really are delighted to welcome Mark back into the SMP fold and into such an integral role within our group.

fresh

’He is in the unique position of being familiar with our service offering and operational processes and is well known to many of our staff. Mark will bring a fresh outlook and perspective, as well as the drive and ambition to support us with our exciting plans for growth.

’We’re at an exciting stage in our journey following our management buy-out in June last year, and I am confident that Mark will be a valuable asset in helping shape the future of the SMP Group and develop new ways of delivering the best in class services to our clients worldwide.

’I am delighted to welcome him back as a key member of our team, and I look forward to working closely with him going forward.’

The SMP Group is a global trust and corporate service provider with offices in the Bahamas, Cayman Islands, Hong Kong, the Isle of Man, Jersey, Malta, and Switzerland.

Its services include accountancy, tax and VAT consultancy and compliance, fund administration, plus a portfolio of specialist services covering capital markets, luxury assets, e-gaming, and e-learning.