Key appointments for Praxis in the Isle of Man

Independent global private wealth and corporate services group Praxis has made two senior appointments in the Isle of Man. Alex Beetham has been appointed Managing Director as of 2 April, and Chantal Quayle has joined as Client Services Director.

Born and educated on the island, Alex has over 18 years of financial services experience, including 10 years in senior roles in Malta. He joined Praxis Group in 2021 as part of an acquisition of a yacht services business and was promoted to Managing Director in 2022.

During these three years, he was involved in the acquisition of Sarnia Yachts last July and built out the private wealth and corporate services offering using his extensive experience in managing portfolios of companies for UHNWIs.

Having relocated back to the Isle of Man earlier this year, Alex is leading a development programme for the Isle of Man office and supporting strategic initiatives for the Group that the team on the ground will be administering.

Chantal is also originally from the Isle of Man and joined the Group earlier this year, with a focus on enhancing client relationships and business development. She has a First-Class Honours degree in International Business & Chinese (Mandarin) and a Diploma in International Trust Management.

Chantal has over 10 years' international financial services experience, having worked across Hong Kong SAR, Guernsey and Singapore, in addition to her island home.

Praxis Group CEO Rob Fearis said: ‘These appointments are an exciting development for our clients and the Praxis Group. Alex and Chantal’s extensive client services and business development experience will support our growth plans in the Isle of Man where we have an excellent team in place, and I am delighted to welcome them into their new roles.’