Kleinwort Benson has appointed a private wealth management head for Guernsey, recruiting him from Schroders Private Banking.

Kleinwort Benson, the London-headquartered wealth manager, has named Nick Bennett as head of its private wealth management business in Guernsey.

Bennett was latterly executive director and head of credit and banking in the Channel Islands for Schroders Private Banking. Before his 13-year tenure at Schroders he worked for Lloyds TSB.

Bennett, who takes up his new role in February, will report to Clive Wright, Kleinwort's head of offshore private wealth management. Working in close collaboration with Valentina Tacchino, the firm’s head of international private wealth management, Bennett will serve high net worth individuals, intermediaries and corporate clients, Kleinwort said in a statement.

The appointment of Bennett closely follows news earlier this week that Lucy Gazmararian, a former senior manager at Goldman Sachs, had joined Kleinwort as head of investment advisory. The previous incumbent of that role, Andrew Thompson, has been promoted to head of multi-asset investing.