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UK's Heptagon Hires Nordic Private Banking Veteran

Max Skjönsberg London 7 October 2011

UK's Heptagon Hires Nordic Private Banking Veteran

Hugo af Petersens, former global head of private banking at SEB, Sweden’s biggest bank, has joined London-based Heptagon Capital as senior advisor as part of an international push at the firm.

Petersens will be based in London but travel frequently to Scandinavia and Sweden in particular, a spokesperson for the company told WealthBriefing. The bank hopes that the industry veteran’s experience will help to grow its private client business globally, with focus on Northern Europe.

Petersens’s joined Lloyds Bank International in London in 1976 where he became area manager for Scandinavia. After a spell in Hong Kong, he moved to SEB in 1987, first in the investment management division before joining the private bank in 1992, where he remained until earlier this year. At SEB, he was managing director of the Luxembourg-based private bank, general manager of the private banking branches in London and Geneva, and global head of private banking based in Stockholm.

Heptagon was founded in 2005 by former Morgan Stanley directors, including Eran Ben-Zour, Tarek Mooro and Fredrik Plyhr, and has today $4.5 billion in assets under management and advice.  

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