As Interim Director General, Ms Britton will be tasked with leading the organisation as it embarks on a new three-year strategy, which the JFSC says will be unveiled later this year.

She replaces Martin Moloney, who this month stepped down to head up global standards body, IOSCO.

Pictured: Martin Moloney, the previous Director General.

JFSC Chair Mark Hoban commented: "Having worked with Jill for several years, the Board and I have every confidence in the knowledge and expertise she brings to navigate the JFSC through this next chapter. With Jill at the helm, supported by a solid Executive team, the JFSC and the Island's financial services community can be assured of continuity and certainty. I once again thank Martin Moloney for his tenure and wish him all the best at IOSCO."

Ms Britton added: "Being appointed as Interim Director General is a privilege as I am passionately committed to the JFSC, our people and the work we do. Martin has been a catalyst for change and, under my leadership, I aim to continue with our vision of becoming a high-performing regulator building for the long-term success of Jersey."