People Moves

Santander Restructures UK Private Banking Sales Team

Christopher Owen 20 February 2008

Santander Restructures UK Private Banking Sales Team

Santander Private Banking UK, the unit formed in January to integrate the Spanish bank's various UK wealth management subsidiaries, has restructured its sales and marketing team to provide a stronger focus on servicing IFAs and other intermediaries. SPB UK comprises pensions and asset management firm James Hay, Cater Allen Private Bank and the brokerage business Abbey Stockbrokers. Andy Pennie, previously head of sales development at James Hay, has been appointed director of marketing. He reports to Alvaro Morales, head of SPB UK. Damien Conway is appointed national sales director for James Hay. He was previously regional sales director with the business, covering the North of England. Kevin Garforth remains head of sales for Cater Allen, where he will be responsible for all volume and income drivers for the bank. Mr Garforth and Mr Conway both report to Richard Dunn, managing director of Cater Allen and commercial director of SBP UK. Shaun Sandiford and Richard Howes have also been appointed as national accounts directors at James Hay. Mr Sandiford was previously regional sales director for South England. They will be responsible for a number of key accounts and co-ordinating a central view of existing national networks. "Santander Private Banking UK is now a truly integrated wealth management offering for professional intermediaries and their clients, allowing us to provide a broader and better range of services," said Mr Dunn. "By focusing our marketing and sales units in this manner, we can ensure that intermediaries receive the service they expect from Santander."

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