Strategy
Kleinwort Benson Promotes in Management Re-Structure

UK and Channel Islands private client bank, Kleinwort Benson, has changed its management structure, expanding its senior management team and...
UK and Channel Islands private client bank, Kleinwort Benson, has changed its management structure, expanding its senior management team and appointing dedicated managing directors for Jersey and Guernsey, according to a statement from the bank. Angus Taylor, deputy chief executive and head of products and services, will become managing director in Jersey and remain on the executive committee. His responsibilities include banking, investment, financial and fiduciary products. Sandra Platts has been promoted to head of operations, HR and IT, and will become managing director of Guernsey as well as joining the new five-strong executive committee. The Kleinwort Benson executive committee will be expanded from three to five people, with the addition of Ms Platts and also Larry Jopp, head of finance and risk. Richard Robins, deputy chief executive, and Jim Gilligan, head of private wealth management, will both be retiring from their roles at the end of the year but will both be remaining with Kleinwort Benson as Channel Islands board members. Kleinwort Benson has recently undergone a strategic business and brand review, resulting in a redefinition of the business into two distinct lines - private wealth management and corporate fiduciary and intermediaries. Robert Taylor, chief executive said: “The Channel Islands continue to be a strong growth area for our business, with increased focus on the services we can provide for corporate clients in the region, including innovative solutions such as administration for private equity funds. We are committed to developing the Kleinwort Benson business across the UK and Channel Islands, and these new appointments give us a strong platform for expansion”.