Ex-Phoenix Group CEO to replace Nicholls as Rathbones chair

Clive Bannister to be appointed at 6 May AGM

Mike Sheen
clock • 1 min read

Rathbones has appointed former CEO of Phoenix Group Clive Bannister as non-executive director and chairman designate, replacing Mark Nicholls at the firm's 6 May AGM.

Joining the Rathbones board with immediate effect, Bannister will also chair the firm's nomination committee upon Nicholls' retirement and will join its group risk committee. Rathbones UTM reports 74% rise in inflows in 2019 Bannister retired from Phoenix Group after nine years in the role in March last year. He previously held the position of CEO of HSBC Private Banking, and as group managing director of the bank's insurance and asset management division. Bannister also previously served as non-executive director of the Association of British Insurers, Punter Southall Group, Un...

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