Part of Arbuthnot Banking Group, Gilliat has launched more than 100 products since it was founded in June 2009, and said it believes now is a good time to move beyond the UK market.
Andrew Savill, who most recently worked at Royal Bank of Scotland, will be in charge of the expansion.
“Having seen at first hand the reputation that Gilliat has built for innovation and service, I look forward to taking these values into the offshore market,” Savill said.
Gilliat managing director Adrian Neave said being able to build a strong brand in a challenging financial climate has resulted in the firm’s ability to move into the offshore market.
“The offshore market has always been on the cards for us and we’re delighted that with the appointment of Andrew and the success of the past two years we are now in a position to move into this area,” Neave added.
Gilliat designs and distributes structured products for retail and professional investors.