Mark Davies Chartered FCSI – Managing Director

Born in Cardiff, South Wales, Mark was educated in the UK and joined the NatWest Group in 1976. In his early years he worked in a number of branches undertaking a thorough ‘apprenticeship’ in the practice of banking, including lending, investments and foreign exchange. Mark moved to the banks Head Office in the mid 80’s where he specialized in the analysis of Corporate and Trust documentation in relation to perfecting the Banks non standard security.


In 1989 Mark was seconded to NatWest Finance which later became Coutts Jersey. At Coutts he was responsible for the development and launch of the Coutts Offshore Managed Portfolio, a discretionary vehicle which invested in offshore funds. To further his career Mark joined The Bank of Nova Scotia (Channel Islands) Ltd in 1998 as Head of Treasury and Investments where he chaired the banks Offshore Investment Policy Committee.


In September 2001 Mark took up an appointment as Investment Director with Kleinwort Benson (CI) Ltd (part of the Allianz Group) and became a member of the Bank’s Investment Policy Committee. In May 2005 he joined the independent fiduciary group Walbrook as Head of Investment Strategy and Manager Selection.


Mark left Walbrook in July 2007 and moved to Cyprus, with a specific responsibility of setting up the Cyprus office and the development of business for a multi jurisdictional Fiduciary provider.

In 2012, Mark and fellow director Tracey Rowe, concluded a management buyout and established Ariannol Group.

Mark is a member of the Institute of Financial Services and is a Chartered Fellow of the Chartered Institute for Securities and Investment. He enjoys rugby, football, golf, swimming and reading.

Tracey Kim Rowe - Director

Tracey was born and educated in Jersey and joined the NatWest Group in Jersey in 1978.  After undertaking various administration roles Tracey moved to the IT department where she later became a Manager responsible for the delivery of IT training to NatWest & Coutts Offshore staff.  In 1999 she joined The Bank of Nova Scotia Ltd as Head of IT and then took on further operation roles including facilities, business continuity and policies & procedures.  Following a subsequent acquisition by Barclays Private Bank Tracey was appointed as Manager Operational Risk & Rigour and her role was expanded to include KYC procedures, Business Recovery, Governance, Data Protection and Operational Risk.


In 2005 Tracey moved to Ansbacher Channel Islands Limited (part of the Qatar National Bank) and was appointed Manager Operations Support.  In this new role she was responsible for the management of an administration team providing total wealth management services to High Net Worth individuals and families.  The role also included setting procedures for client take on, risk profiling and due diligence as well as undertaking a retrospective KYC project.

Tracey moved to Cyprus in July 2007 where her initial focus was to establish the Cyprus office and obtain the required license to operate.  In the Ariannol Group, she is now responsible for corporate governance, human resources and operations.

Jade Burrows - Director

A native of Jersey, Jade joined Coutts in 2002 after completing her education. She quickly established herself as part of the ‘premium’ team dealing primarily with high net worth clients

Jade gained valuable experience in dealing with clients from all walks of life as well as professionals such as lawyers, accountants and tax advisors which helped her in recent years as she became involved in more complex tax re-structuring exercises.

As a recognition of her people skills Jade was asked to attend a ‘train the trainer’ course and was then given the responsibility to provide good quality training to all new members of staff who did not have trust backgrounds. She was also regarded as a ‘power user’ for the banks record and book keeping systems and became actively involved in updating procedures and ensuring all staff understood the importance of accurate book-keeping.

After 5 years with Coutts, Jade moved to Cyprus in 2008 and in acknowledgement of her maturity and rapid development Jade was subsequently asked to take a director position in the Cyprus office, as it developed its fiduciary services.

Jade holds a level 5 International Finance and Administration qualification (formerly ICSA Diploma).

Elena Sotiriou – Lawyer and Director

Elena was born and educated in Cyprus.  She graduated in Law from the Democritus University of Thrace, Greece in 2006.  Elena returned to Cyprus and was admitted to the Cyprus Bar Association and the Paphos Bar Association in 2007, having successfully passed the relevant examinations.

Elena worked for a couple of law firms in Paphos, in the litigation area and is an experienced litigator dealing with civil cases (contracts and torts) as well as criminal cases and cases in the field of administrative law, property law, probates, family law, banking law and debt collection.

She joined the Ariannol Group as an associate, in 2013 and now specialises in commercial and general corporate law.  She is a highly skilled and qualified lawyer who primarily deals with the firm’s corporate sector.  She engages in a full spectrum of legal and corporate administration services, ranging from the incorporation of any type of company up to the provision of all the necessary legal advice regarding the management and operation of companies.  She specialises in advising on all aspects of Cyprus company law, company and business acquisitions, sale of private companies, joint ventures, start- ups and restructuring.
For local clients Elena advises on Immigration, immovable property matters and has been instrumental in setting up the company’s Will & Executor Services.

Elena keeps abreast of the constant changes in her field by regularly attending seminars in Greece and Cyprus.  She is fluent in Greek and English and is happy to advise clients in either language.

Ali Redmond - Compliance Manager - BA (Hons), ACICM

Born in Stockton-On-Tees, North East England, Ali graduated from the University of Teesside with a Bachelor of Arts Accounting and Finance degree.  She gained over 15 years experience with various high profile global companies, and also went on to study and gain qualifications in Management, Credit Management, Management Accounting, and is currently studying towards being a qualified Chartered Certified Accountant.  She is a member of the Chartered Institute of Credit Management (ICM), Institute of Certified Public Accountants of Cyprus (ICPAC) and the Association of Chartered Certified Accountants (ACCA).

After leaving University, Ali’s first position was in credit control at Orange Personal Communication Services, and then went on to P&O Ferrymasters where she quickly developed a client base of over 200 high profile corporate customers.  This led to studying towards the credit management qualification, a qualification in management and also a desire to further her career in an accountancy role.  After several assistant accountant roles Ali gained employment with Huntsman Tioxide where she studied towards being a management accountant with the Chartered Institute of Management Accountants (CIMA) and in 2009, following 5 years as Accounts Administrator Team Leader, Ali emigrated to Cyprus.

In 2013, Ali joined Ariannol Group as the company accountant, and following the Company’s successful License Application in December 2014, Ali gained promotion to become Ariannol’s Compliance Manager.  To add to her qualifications Ali has attained her Certificate in Compliance with the International Compliance Association.