People Moves

Brown Shipley Replaces CEO

Robbie Lawther Reporter London 2 November 2017

Brown Shipley Replaces CEO

The new CEO is expected to start his role by April 2018.

UK wealth management house and private bank Brown Shipley has appointed Alan Mathewson as chief executive, subject to regulatory approval. He is expected to start his new role by April 2018.

Brown Shipley’s current CEO, Ian Sackfield, announced in March that he had decided to step down once a replacement had been appointed and an orderly handover conducted with his successor, the firm said in a statement yesterday.

Sackfield will remain with the business providing advice on key client relationships as a client director.

Mathewson joins from Santander UK, where he has worked for over three years as managing director of wealth management and private banking. He has over 30 years of financial services experience and started his career with Lloyds Banking Group.

“Alan has significant leadership skills, together with both specific wealth management and broad financial services experience, including a successful track record of growing wealth management businesses as a CEO,"  said David Rough, Chairman. “As CEO of Santander’s wealth management and private banking business, Alan has significantly enhanced the client service propositions, particularly through leveraging technological advancements. I am confident that, given Alan’s mix of experience, drive and enthusiasm, he will build upon the impressive foundations Brown Shipley has as a UK-wide full-service wealth manager and that he will continue to drive the business forward.”

Rough added: “On behalf of the board, I would also like to thank Ian for his significant contribution to Brown Shipley and its success during his time as CEO. He has led the business admirably, delivering significant growth in AuM and having successfully integrated recent acquisitions. I am extremely pleased Brown Shipley will continue to benefit from his wealth of experience in his role as client director once Alan takes over.”

In August, this publication reported that Brown Shipley had signed an enhanced and extended two-year sponsorship deal with Lancashire County Cricket Club to become its official wealth management partner. Also in July, this publication reported that Brown Shipley had appointed Paul Ryder-Morris as client director, based in its London office.

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