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Stephen Fletcher Has Today Been For business. For family. For life. Press Release Immediate Release 7 September 2015 ARBUTHNOT LATHAM APPOINTS HEAD OF COMMERCIAL BANKING Arbuthnot Latham & Co., Limited, the independent private banking and wealth management arm of the Arbuthnot Banking Group, today announced the appointment of Stephen Fletcher to the new role of Head of Commercial Banking. Stephen takes up his appointment with Arbuthnot Latham with immediate effect. Stephen has over 25 years of commercial banking and wealth management experience in a number of senior roles, most recently with Coutts & Co., where he held the position of Managing Director. Welcoming Stephen’s appointment, Arbuthnot Latham’s Chief Executive, James Fleming, said: “I am delighted that Stephen is joining Arbuthnot Latham to take up this new and important role to build our commercial banking business. “We are finding more and more that business owners welcome a private bank such as ours which considers their business finances with similar principles as their personal finances and where we are delivering a truly relationship-led personal service that is unfortunately becoming far too rare these days. “Stephen’s wealth of experience will stand him in very good stead to help us take Arbuthnot Latham to new levels of growth and ensure that we are not only recognised as a first class private bank but also a first class commercial bank.” Commenting on his appointment, Stephen Fletcher said: "I am delighted to be joining such a highly professional team to lead this exciting new initiative to grow a commercial banking business within Arbuthnot Latham. “Arbuthnot Latham’s clear focus is meeting the needs of clients who expect personal attention and a long-term relationship founded on trust, transparency and truly impartial financial advice. The new commercial banking business will fit very well with this culture looking to support the growth of UK businesses. Registered in England and Wales No. 819519. Arbuthnot Latham & Co., Limited is authorised by the Prudential Regulation Authority and 1 regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Arbuthnot Latham & Co., Limited is regulated by the Dubai Financial Services Authority. “Arbuthnot Latham is well positioned to deliver strong controlled growth over the coming years and I am delighted to be helping the business take full advantage of the exciting opportunities that now exist for the provision of commercial banking services to established and growing businesses.” Arbuthnot Latham will be announcing further appointments to its commercial banking business within the coming months. -ENDS- Media Enquiries: Arbuthnot Latham & Co., Limited David Marshall Communications Director +44 (0)20 7012 2500 E-mail: [email protected] Website: www.arbuthnotlatham.co.uk NOTES TO EDITORS Stephen Fletcher’s Biographical Details Stephen has over 35 years of experience working in varied banking roles across Retail and Commercial Banking, and Wealth Management. Recent senior roles have included Chief Operating Officer, Head of Commercial Banking and Marketing Director for major financial services businesses. Previously Stephen worked for RBS in senior roles across Corporate, Retail and Private Banking, including, Coutts, NatWest and Williams and Glyns. Stephen has held various Board appointments including Chair of Coutts Finance Company Limited and Adam and Company International (Guernsey) Limited. Stephen has led the profitable growth of various client facing business units, particularly in the Commercial and Private Banking areas, as well running support functions to ensure the smooth operation of a large scale banking business. He also has considerable experience of regulatory issues, risk management and governance, which gives him significant expertise across the key components that are required in financial services today. Stephen is a Fellow of the Chartered Bankers Institute. A copy of Stephen’s photo is located below. Arbuthnot Latham & Co., Limited Arbuthnot Latham & Co., Limited whose business was established over 182 years ago, is the London- based private banking and wealth management arm of the Arbuthnot Banking Group PLC, with regional offices in Manchester and Exeter and an international branch in Dubai. Arbuthnot Latham aims to provide a comprehensive approach to private banking and wealth management with its three core services; Banking; Wealth Planning and Investment Management. Private Banking: A complete suite of Private Banking services created around clients’ lifestyles and circumstances include; deposit facilities, credit, debit cards, money transmission worldwide, money 2 market deposits in major currencies and a wide range of treasury and foreign exchange services. All handled by a dedicated Private Banker responsible for the relationship of the client with the bank. Wealth Planning: Based on a clear understanding of a client’s situation and immediate requirements as well as their long-term goals. A Wealth Planner is assigned to work with clients to develop and execute a bespoke wealth plan, including retirement, estate and succession planning as well as insurance and tax planning issues. Arbuthnot Latham was the first UK Private Bank to be awarded the coveted Corporate Chartered status – a title of commitment to an overall standard of excellence and professionalism, awarded by the Chartered Insurance Institute. Investment Management: Access to an intensively managed portfolio, with a level of involvement tailored to individual client’s requirements. Free from restrictions or affiliated products, Investment Managers work to deliver optimal post-tax returns via a myriad of investment opportunities that can be personalised to meet individual client’s requirements. For Business. For Family. For Life. In the United Kingdom Arbuthnot Latham & Co., Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Arbuthnot Latham & Co., Limited, Arbuthnot House, 7 Wilson Street, London EC2M 2SN www.arbuthnotlatham.co.uk Stephen Fletcher, Head of Commercial Banking, Arbuthnot Latham & Co., Limited 3 .
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