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Who's Moving Where In Wealth Management? – Hampden & Co, FCA
Editorial Staff
8 August 2022
Hampden & Co Financial Conduct Authority He will be joining the FCA from the Home Office where he is currently director of international work. O'Connell has gained extensive experience at the Home Office and the Foreign Office, as well as from his tenure as British ambassador to Kosovo, the FCA said in a statement. He will help to shape the FCA’s international strategy and oversee its international engagement, including matters arising from the UK withdrawal from the EU. O'Connell's' appointment follows the appointment of six new directors in July as the FCA expands its headcount to meet its growing remit and three year-strategy launched in April which prioritises resources to prevent serious harm, set higher standards and promote competition. The regulator will also hold itself accountable against published outcomes and performance metrics. Nikhil Rathi, chief executive of the FCA, welcomed O'Connell to the FCA’s new senior leadership team to head its international work, saying that O'Connell brings extensive experience of international affairs, security and strategy. In London, O’Connell served as head of unit of the Foreign Secretary’s Special Representative on Climate Change, head of strategy and analysis in the Finance Directorate and as deputy director and head of NATO Summit Unit within the Directorate for Defence and International Security.
UK private bank has hired Gill Sanders formerly from Adam & Co as a banking director.
Sanders has spent over 20 years with Adam & Co, most recently as associate director in private banking, the firm said in a statement.
At Hampden & Co, Sanders will provide clients with a banking service including deposits, borrowing and day-to-day banking. Sanders, who will report to the bank’s head of banking, Mark Prentice, will work alongside the banking teams in Edinburgh and London, the firm added.
In line with growing client numbers and strong financial performance, Hampden & Co has added to its banking, senior management, and support teams during 2022. This includes its appointment of Hannah Berridge as head of professional partnerships and Jon Peake as CFO, the bank said.
Welcoming the move, Graeme Hartop, Hampden & Co’s CEO, said: “The private banking market is changing and we are attracting many new clients who value our relationship-driven approach. As we grow to meet the banking needs of these clients across the UK, we are adding experience to our team while also developing talented people.”
In April, Hampden & Co reported strong growth in loans and deposits for FY 2021. Deposits rose by 39 per cent to £696 million ($844 million), while loans and advances were up by 29 per cent reaching £422 million.
The bank saw strong demand in 2021 for its tailored lending solutions, which include residential, retirement, family guarantor, multi-property and buy-to-let mortgages. It extended its product suite with the launch of self-build mortgages, and financing for eco-friendly home and renewable energy initiatives.
In June, Hampden announced that it had teamed up with Hiscox Private Client, with both organisations collaborating to offer flexible insurance solutions for the bank’s clients.
The UK's has appointed Ruairi O'Connell, OBE, as the new director of its international work.