Structured Product Distributi

RNS Number : 2570U

Arbuthnot Banking Group PLC

22 June 2009

 

Arbuthnot Banking Group PLC launches

Structured Product Distribution Business

Arbuthnot Banking Group PLC, the independent diversified banking and financial services group, is pleased to announce the launch of a structured product distribution business with the appointment of Adrian Neave to lead a team of structured product specialists.

The business will be headed by Adrian Neave, who joins Arbuthnot having been a consultant to Keydata for 4 years. Prior to specialising in structured products with Keydata Adrian Neave had divided his career between private client investment management and ten years as an institutional stockbroker specialising in closed-end investment companies, including listed structured products.

Commenting on the launch of the business, Henry Angest, Chairman and Chief Executive of Arbuthnot Banking Group, said:

'We believe that the establishment of a business with strong distribution in the retail investment marketplace will broaden the Group's overall business and continues to diversify our sources of revenue.

I am delighted that Adrian Neave has accepted the challenge to head up the business and we have every confidence that his experience in the retail financial services market will allow us to capitalise on the opportunities in this sector.'

Enquiries:

Arbuthnot Banking Group                                                     Tel. No.: 020 7012 2400
Henry Angest                        Chairman & Chief Executive
Andrew Salmon                    Chief Operating Officer

Hawkpoint Partners Limited                                                  Tel. No.: 020 7665 4500
(Nominated Adviser to the Group)
Lawrence Guthrie 
Sunil Duggal

Maitland                                                                                  Tel. No.: 020 7379 5151
Emma Burdett 
Richard Farnsworth

 

END

 

 

MSCGCGDLXGDGGCD