Moulton, a Guernsey resident, takes over from Graham Hall, a lawyer, who has been interim chairman of the exchange.
Moulton is perhaps best known for having founded the private equity firm Better Capital, where he remains chairman, in 2009, after leaving another PE firm, Alchemy Partners. He is also a non-executive chairman of FinnCap, the stockbroker, and chairman of Aurigny Group, Guernsey’s struggling airline.
A chartered accountant, corporate finance expert and fellow of the Institute for Turnaround Professionals, Moulton is known for being outspoken, and for his willingness to take on troubled companies, with the aim of turning them around. The strategy has evidently paid off, as he was tied for 465th place on the Times’s Rich List earlier this year, with wealth of around £27m, up from tied for 529th place last year.
Tamara Menteshvili, chief executive of CISX, said Moulton’s appointment was expected to "add to the high level of expertise" already in place on the CISX board.
5,000 listings
Earlier this month, the Channel Islands Stock Exchange announced that it had reached the "milestone" of 5,000 listings. Last year, some 510 companies listed on the exchange, compared with 498 the previous year.
The exchange was founded in 1998, making this its 15th year in operation.
