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Ita Mc Ardle was appointed Chair of the Isle of Man Funds Association ( formerly Isle of Man Fund Management Association “FMA”)on 19 December 2010 . Isle of Man Funds was established 25 years ago to support and develop the Funds industry in the Isle of Man. It has a broadly based membership of 60 companies and individuals representing Administrators, Custodians, Managers, Lawyers, Accountants and Directors among others. Isle of Man Funds runs numerous events both for both continuing education of its members and to promote the Isle of Man based industry generally which include attendance at international conferences , hosting conferences and seminars in various jurisdictions and an annual lunch in London to which an invitation is highly prized.