5th Sep 2007 09:30
Arbuthnot Banking Group PLC05 September 2007 ARBUTHNOT BANKING GROUP PLC APPOINTMENT OF SIR CHRISTOPHER MEYER & MIKE BUSSEY Arbuthnot Banking Group is pleased to announce the appointments of SirChristopher Meyer to the Board as a Non-Executive Director and Mike Bussey asChief Executive Officer at Arbuthnot Latham. Mike also joins the Board ofArbuthnot Banking Group. All appointments are effective from 1 October, 2007. Sir Christopher Meyer Sir Christopher Meyer, aged 63, is currently Chairman of the Press ComplaintsCommission, a role he took up in March 2003, following a distinguisheddiplomatic career. He joined the Foreign and Commonwealth Office in 1966. In1997 he was appointed as Ambassador to Germany and from 1997-2003 he wasAmbassador to the USA. Between 1994 and 1996, Sir Christopher was PressSecretary to Prime Minister John Major. Before that he had held postings inWashington, Moscow, Madrid and the European Community. Mike Bussey Mike Bussey, aged 48, is appointed Chief Executive of Arbuthnot Latham. Hesucceeds John Reed, who becomes a Vice Chairman of Arbuthnot Latham and takes upthe newly created Group role of International Business Development Director. Mike has 30 years' banking experience in retail, corporate and private banking.He was Chief Executive of the Private Banking and Trust business at N.M.Rothschild & Sons Ltd for four years, prior to which he had been Chief Executiveof Schroders Private Banking. Previously, Mike worked at HSBC for over 20 yearsin various senior managerial positions across Europe, the Middle East, SouthEast Asia, Africa and the Americas. Henry Angest, Chairman and Chief Executive of Arbuthnot Banking Group commented: "These are excellent appointments for the Group and Arbuthnot Latham. I amdelighted that both Sir Christopher Meyer and Mike Bussey are joining the Board.The wealth and variety of banking, political and international experience thatSir Christopher and Mike bring to our organisation will be a tremendous asset. Sir Christopher's extensive experience at the Foreign Office at the highestlevel will add great insight and benefit to the Board at a time when we havedecided to broaden our international expansion. Mike Bussey's appointment is equally good news as Mike's previous experience oftop management roles in the private banking industry both in the United Kingdomand internationally will enable the Group to accelerate the development ofArbuthnot Latham. I am grateful to John Reed for his outstanding contribution to the Group andArbuthnot Latham and am convinced that John will continue to help build theGroup in his new role as International Business Development Director." Enquiries: Arbuthnot Banking Group PLC Henry Angest, Chairman and Chief Executive Tel: 020 7012 2400Andrew Salmon, Chief Operating Officer Maitland Emma Burdett Tel: 020 7379 5151Richard Farnsworth Notes to Editors Arbuthnot Banking Group Arbuthnot Banking Group PLC is an independent, diversified banking groupproviding banking and financial products and services to individual andcorporate clients through its three divisions. Arbuthnot Latham offers a highquality personal banking and wealth management service; Arbuthnot Securitiesprovides a full range of institutional stockbroking and corporate financeadvisory services focused on UK small-cap and mid-cap companies; and SecureTrust Bank provides household cash management, personal loans, banking andinsurance services. Arbuthnot Banking Group PLC has total assets of £367m and in the year to 31December, 2006 made profits of £15m. The Group employs approximately 600 staffand is headquartered in the City of London with operations throughout the UnitedKingdom. Its shares are quoted on the Alternative Investment Market of theLondon Stock Exchange. Arbuthnot Latham & Co., Limited Arbuthnot Latham offers highly-personalised, premium quality private bankingservices to its clients including current accounts, loans, deposits, financialand wealth-management planning, asset management, and asset financing. Withapproximately 150 staff, Arbuthnot Latham serves its clients throughout the UKwith offices in London, Exeter, Hastings and Manchester. SCHEDULE Directorships held in the last 5 years Sir Christopher Meyer Sir Christopher Meyer is currently Chairman of the Press Complaints Commission,a Non-Executive Director of GKN plc and was previously Chairman of the Board ofGlobeTel Communications Corp and Ambo Consultancy Ltd and on the Boards ofSanctuary Group plc, Riggs National Corporation and Riggs Bank Europe Ltd. Mike Bussey Mike Bussey in the last 5 years has previously been a director of the companieslisted below. Rothschild Private Management LtdRothschild Private Fund Management LtdRothschild Trust Corporation LtdRothschild Trust Guernsey LtdN.M. Rothschild & Sons CI LtdRothschild Holding AG SwitzerlandRothschild Bank AG ZurichRothschild Private Management (CI) LtdRothschild Private Trust Holding AG ZurichSchroder & Co LtdSchroder Middle East LtdBeaumont Capital Management LtdSchroders (CI) LtdSchroder & Co Bank AG Zurich This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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