Independent private bank Hampden and Co founding chairman Ray Entwistle is set to retire later this year.

Hampden and Co

The responsibility to select Entwistle’s successor has been bestowed on a team led by the bank’s senior independent director Alex Hammond-Chambers.

“I was being described as a ‘veteran banker’ in the media before Hampden & Co even opened. This past three years have been exciting, fuelled by clients who continue to write to me to say what a pleasure it is to have found a bank that acts with decency and integrity. I will continue to be involved with Hampden & Co, as we become the most respected private bank in the United Kingdom,” Entwistle noted.

Hampden and Co

In 1977, Entwistle moved to Scotland to establish Lloyds Bank’s first branch in Scotland. Later, he joined Adam & Company, where he held several leadership roles including CEO and chairman.

In 2010, he established a new private bank named Scoban. The private bank was launched as Hampden & Co in 2015 with offices in Charlotte Square as well as Mayfair.

The rebranding was the result of insurer Hampden Group’s acquisition of a substantial stake in the business.

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Hampden & Co CEO Graeme Hartop said: “Ray has been instrumental and inspirational in the set-up of Hampden & Co and we would not be where we are today without his vision and tenacity.”