Dr Alex Allinson has been appointed Treasury Minister with immediate effect.
Chief Minister Alfred Cannan confirmed the appointment on Friday, following David Ashford’s resignation, which was announced earlier today.
Dr Allinson has been Minister for the Department for Enterprise since October 2021, having previously been in charge of the Department of Education, Sport and Culture.
He said: ‘I am honoured to be appointed to this important role and will be fully committed to the challenges ahead including the increased pressures on cost of living.’
The Chief Minister will retain the DfE ministerial delegation pending further announcements.