About us

Icorserv is the trading name of Independent Corporate Services Limited.
The Company was founded in 2015 by Paul Bannier who is also the principal consultant employed by the Company.

Paul Bannier

Paul Bannier


Paul began his career in financial services in 1990 with Credit Suisse and since that time has specialised in investment products domiciled in Guernsey and Cayman.

He has held senior positions in operations, legal and compliance & business development functions during which he gained significant expertise in the establishment and operation of funds and investment related special purpose vehicles.

Between 2011 and early 2015 he was Chief Operating Officer of a fund management company with particular responsibility for the oversight of external service providers.

During his career, Paul has previously held board positions on both open and closed – ended funds and fund management companies / general partners, including the following asset classes;

  • Equity & fixed income
  • Hedge funds
  • Private equity and venture capital
  • Real estate
  • As well as holding directorships of various trust -related structures and special purpose vehicles.

Paul currently serves on the board of several investment vehicles and asset holding companies, details of which are available upon request.

He is familiar with the regulatory regime in both Guernsey and Cayman and has previously given key guidance and advice in the establishment of fund operations in Guernsey, Cayman and the Isle of Man. He has an extensive network of contacts throughout the industry.

He is registered with the Cayman Islands Monetary Authority as a director under the Directors Registration and Licensing Law 2014.

Paul is a Fellow of the Institute of Chartered Secretaries and Administrators, a global professional organisation for people working in governance, risk and compliance. Please see Links to learn more about the Institute.

He is also a Chartered Fellow of the Chartered Institute for Securities and Investment, the largest and most widely respected professional body for those who work in the securities and investment industry in the UK and in a growing number of financial centres globally.

A resident of Guernsey, he worked in local government prior to his career in financial services and is a Member of the Institute of Directors.

Icorserv places great importance on the confidentiality of data to which it has access both directly and through the support for its principal. Icorserv holds the necessary data protection registration and uses a secure IT infrastructure hosted by an accredited Guernsey-based IT services provider.