Duncan Lawrie Private Bank has appointed Robert Armstrong as its non-executive director.
Armstrong is a financial market risk specialist with over 20 years’ experience across wholesale markets and derivatives, retail banking, life insurance and pension schemes.
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Armstrong started his banking career with Mellon Bank and was appointed financial controller of their London branch in 1980. He then joined KPMG where he became a partner and led their treasury and risk management consulting practice. Since then, he has worked for Rabobank as global head of market risk, as well as Abbey National and Lloyds Banking Group as group market risk director. After retiring in 2011, Armstrong joined the Fairbanking Foundation to volunteer his experience.
Matthew Parden, managing director at Duncan Lawrie Private Bank, said: "Robert’s risk experience and credentials are second to none and we look forward to working with him in what is a challenging era for the industry. It is important that we continue to manage client assets with care and ensure our service and approach to risk reflects the needs and expectations of our clients."
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