The CEO of private banking at Banque Havilland has left the position less than a year into the role.
Nick Parker was appointed head private banking for the Luxembourg bank last June, coming from a managing director position with Citi Private Bank.
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Banque Havilland confirmed he left the bank at the end of May, but did not comment further on the issue.
Venetia Lean, a member of the board of directors, said they had no replacement in mind at the moment.
Lean said at the time of Parker’s appointment last year it marked the ‘beginning of a significant push by Banque Havilland into the ultra high net worth client sector’.
Banque Havilland was established in 2009 by the Rowland family, with teams in London, Luxemburg and Monaco. Estimates by global wealth consultancy WealthInsight put assets under management at around $696m.
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By GlobalDataOn top of time with Citi Private Bank, Parker had also been in senior roles with Barclays, Merrill Lynch International and Coutts.
Parker was unavailable for comment.
