Fiona Le Poidevin has resigned as chief executive of Guernsey Finance - the promotional agency for the Island's finance industry internationally. She will leave in early 2015 to become chief executive at the Channel Islands Securities Exchange (CISE).

Jim Gilligan, chairman of Guernsey Finance, said: "The Board is disappointed that Fiona has tendered her resignation but we would like to thank her for the invaluable contribution she has made to Guernsey Finance. Since Fiona joined us nearly four years ago, her commitment and professionalism have been exemplary and she has been instrumental in helping drive the agency forward during the last two years in the role of Chief Executive."

Le Poidevin joined Guernsey Finance as technical director and deputy chief executive in early 2011 and succeeded Peter Niven as chief executive in July 2012.