The UK private and commercial bank said it is committed to acquiring and keeping talent in its private banking arm.
Arbuthnot
Latham has appointed Carolyn Moore (pictured) as head of
executives and professionals, private banking.
Moore”s remit will be to lead Arbuthnot Latham’s executives
and professionals team, to develop the proposition and strengthen
connections with existing clients, the firm said in a statement.
Moore is joining from Coutts where she was director, broker
team lead.
“She brings with her a considerable depth of experience and a
unique perspective that aligns with our commitment to empowering
both executives and professionals,” Helen Keen, head of UK
private banking, said. “Her arrival signifies another exciting
chapter in our journey as the bank furthers its commitment to
talent acquisition and retention within private banking.”
Moore’s appointment follows John Hilson’s recent appointment as
head of entrepreneurs, private banking, enabling Arbuthnot Latham
to increase its support UK business leaders. The new hire
will also allow Daniel Saxby, director, private banking, to focus
on working with his clients, the firm continued.
Moore’s hire also follows the appointment last April of Keen, who
previously worked at Coutts, as head of UK private banking.
Keen took up this newly-created position after Arbuthnot Latham
bolstered its client proposition in 2022 by aligning its business
units to client segments, including entrepreneurs, executives and
professionals, international, commercial banking, real estate,
and media (private and commercial). Keen’s appointment is a part
of that transformation, the firm said. See more here.
Arbuthnot Latham’s business, which is divided approximately
50/50 across private and commercial banking, has seen strong
double-digit growth in client acquisition in recent years.
Despite the turbulent times, private accounts are up 30 per cent
since January 2020 and commercial accounts are up 40 per cent
over the same period, the firm told WealthBriefing. See
more here.
