People Moves

Change at the Top at Brown Shipley

Nick Parmee, 18 January 2008

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UK private bank Brown Shipley has appointed Ian Sackfield as head of private banking with immediate effect; he will succeed Stephen Blaney as managing director on 1 January 2009.

Mr Blaney will become Brown Shipley’s chairman and continue to work closely with the parent company Kredietbank Luxembourg and the bank’s clients. David Rough, the current chairman of Brown Shipley, will continue as a non-executive director, a post he has held for the past five years.

In addition and for the immediate future Mr Sackfield will continue as managing director of Brown Shipley’s collective funds subsidiary KBL Investment Funds which trades under the name Solus.

Mr Sackfield succeeds Tony Hurley who will now be concentrating on the specialist pension services provided to the bank’s private clients. Mr Hurley will remain as an executive director of the bank.

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