Peter Neville will join the board of Guernsey-based Kleinwort Benson (Channel Islands) as chairman, as well as the board of parent company Kleinwort Benson Channel Islands Holdings, as a non-executive director.

Neville is a longstanding member of the financial services community, and was latterly director general of the Guernsey Financial Services Commission – a role he served in from 2001 until 2009. Prior to this he was general manager of the insurance market regulatory division at Lloyd’s of London.

“He [Neville] is a key figure in the offshore financial community and we are very fortunate in being able to benefit from his experience and networking ability in the Channel Islands - a crucial location for our business,” said Robert Taylor, chief executive of Kleinwort Benson Bank.

Kleinwort Benson, which consists of Kleinwort Benson Bank and Kleinwort Benson Channel Island Holdings, recently completed its sale from Germany’s Commerzbank to Belgium’s RHJ International.