The UK private bank has rejigged its board with a new chief executive and vice chairman.

James Fleming has stepped down as chief executive of Arbuthnot Latham after four years at the helm, handing over to Ian Henderson.

Fleming became CEO of the private bank in March 2012, having previously held various executive positions at Coutts & Co including head of international private banking. He will stand down as a director of the London-listed Arbuthnot Banking Group but remains on the Arbuthnot Latham board in his new position as vice chairman.

Henderson joins from Secure Trust Bank, also part of Arbuthnot Banking Group, where he was head of strategic business development and CEO of personal lending and mortgages. Previously, he was CEO of Kensington Group and before that, CEO of Shawbrook Bank. He has also held senior executive roles in Barclays and RBS.

“Arbuthnot Latham has grown significantly. The changes to the Boards of Arbuthnot Banking Group and Arbuthnot Latham will enable the bank to continue its growth and at the same time broaden the business,” said Sir Henry Angest, chairman and CEO of Arbuthnot Banking Group, in a statement.

Arbuthnot Latham generated a pre-tax profit of £6 million ($8.5 million) in 2015, a year-on-year surge of 65 per cent. Assets under management rose 11 per cent to £739 million.