UK wealth manager Quilter’s has named Chris
Meares, the former CEO of HSBC Private Bank, as its
non-executive chairman.
Meares’s is the first board level appointment
since Quilter changed ownership.
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Quilter, which has about £7.6bn ($11.8bn) of
client assets under management, was bought by its own management,
together with the private equity house Bridgepoint, from Morgan
Stanley Smith Barney on 2 April 2012.
Meares brings wealth of
experience
Meares, who retired from HSBC after 32 years
at the end of last year, is a high profile figure with a wide
banking experience in the UK and abroad.
Up until his retirement, Meares was a member
of Private Banker International’s editorial advisory
board.
Before becoming CEO of HSBC Private Bank, he
chaired HSBC Private Bank and HSBC Alternative Investments in the
UK and worked for the British bank in Asia, the Middle East and the
USA.
Quilter CEO, Martin Baines, said Meares’
appointment was a key point in the company future.
“His knowledge and experience will be
invaluable as we work on our overall strategy to expand our client
base,” he said.
