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...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot