John Hunter will take up the position at the Island's Cherry Godfrey office.
Mr Hunter was most recently head of Banking and Fiduciaries for the Finance Isle of Man Agency.
He has more than 35 year's experience in the sector.
Talking about his new role, Mr Hunter said: he's 'delighted' to be taking up the lead.
Business Isle of Man to offer free hospitality training
If you're working in the hospitality industry, the government is offering a free training day later this month.
Douglas City Council Chief Executive to retire
Douglas City Council's Chief Executive is to retire next April after 19 years with the local authority.
Banking services survey launched across Crown Dependencies
A new survey's been launched to garner views about new banking services for the Crown Dependencies.
Employment and Skills event for students next week
One of the Island's largest career events gets underway in Douglas next week.
Treasury Minister to give economic outlook update in Tynwald
The Island's new Treasury Minister will make a statement during this month's Tynwald about the economic outlook.
Pay agreement prevents Loganair strike action
Unite the union says strike action's been averted at an airline that serves a number of routes from the Island.
UCM to hold open evening for school students this November
There's a chance to find out what's happening at the Island's college this month.
Company lodges flats plans for offices
Falling demand for office space - and rising demand for housing - could see an office block in central Douglas converted into flats.
