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.
Questions over island's insolvency laws
Are the Island's insolvency laws being updated?
MHK wants to know about progress on moving Companies Registry online
What progress has been made to move the Companies Registry online?
Applications open for trade stands at the Southern District Agricultural Show
Applications are now open for businesses to apply for trade stands at an agricultural show on the Island.
The Financial Services Authority will explain its future plans at an event later this year
The Island's financial regulator will host an event in Douglas later this year to explain its future plans to businesses.
Chance to find out more about maritime industry careers next month
There's a chance to find out more about maritime industry careers next month.
Manx student's frequent flyer app takes off
A graduate from the Isle of Man has launched a new frequent flyer platform.
Tutoring firm expands to Peel
A tutoring firm is expanding into the west of the island.
Measures in place to stop fraud and crime in company registrations
Enterprise Minister Tim Johnston says people setting up companies on the Island now have to go through more rigorous checks to stop fraud and other crime.
