Investec Specialist Bank has named Eden Riche as head of high net worth lending within its private banking division, effective immediately.
Most recently, Riche served as head of debt capital markets, which he established at Investec in 2010.
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Prior to joining Investec, Riche held leadership roles at RBS, and Lehman Brothers Europe.
The move is part of Investec’s strategy to grow its presence in the high net worth banking arena.
The focus of Investec Private Bank’s high net worth lending operations will be personal lending secured upon property, financial and other assets, and contracted future income streams.
Investec Private Bank has been expanding its services for high net worth individuals, and last year launched a new private bank account, Voyage by Investec.
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