London based Duncan Lawrie Private Bank has appointed Trevor Barratt as head of risk and compliance.
Barratt will take up his newly created role following over 20 years of experience as a senior executive in governance and risk management.
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Barratt joins the firm from CAF Bank where he has held the position of chief risk officer.
Prior to this, he has also worked for 17 years at Lloyds as head of strategy risk where he has established Lloyds’ first ever strategic and business risk function.
Barratt is a well-known speaker both within the UK and internationally, on the subject of governance, compliance and risk. He is also an examiner for the International Compliance Association having finished top in the association’s anti money laundering diploma 2011.
Matthew Parden, managing director at Duncan Lawrie Private Bank said: "As authorities embark on the reformation of the banking industry, following a series of problems within the financial sector, we are seeing a considerable number of policy changes and regulatory proposals which will need to be adhered to and implemented fully.
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By GlobalData"At Duncan Lawrie we remain focused on ensuring what we do is right for our clients and adheres to regulation whilst supporting the growth plans of the business.
"Trevor’s experience in risk and compliance is first-rate and we could not have hired a more qualified and informed individual to undertake this role," Parden added.
Trevor Barratt, head of risk and compliance at Duncan Lawrie Private Bank said: "People are looking for reassurance from financial companies and want to ensure that their bank meets the highest industry standards.
"With the array of regulatory change all firms are dealing with at present, there is a great opportunity for financial companies to focus on ways to improve client service. Good regulation and good customer service go hand-in-hand and Duncan Lawrie is well-positioned, through its strong internal processes, to embrace these changes and deliver the highest level of service to its clients," Barratt added.
