Michael Mount Appointed as Managing Director, Coutts International, UK
04 Oct, 2012
Michael Mount has been appointed as Managing Director within Coutts’ international business in the UK. Michael joins from HSBC where he held several senior positions in the private banking division. In this new role, Michael will lead Coutts’ Asia, Africa and NRI teams in London.
Michael has 27 years’ experience in international markets, having most recently worked as Managing Director, Global South Asian Diaspora, Europe & Americas to the HSBC’s private banking business in the UK. In previous roles, Michael led business development at HSBC Private Bank UK and served as Chief Executive for HSBC Investment Bank’s International Private Banking operation in London. He started his career in the international private banking operations of Credit Lyonnais and Barclays.
Michael will be integral in enhancing the links between Coutts’ Asian and UK operations and driving the business’s global NRI strategy in the UK. He will be based in London and have a dual reporting line to Stephen Fletcher, Chief Operating Officer for Coutts & Co. and to Ranjit Khanna, Head of South East Asia and Global NRI. Michael joins with immediate effect.
Ranjit Khanna, Head of South East Asia and Global NRI comments, “Michael’s appointment is significant to the business as he will further develop the links between Coutts NRI business in the UK and our key markets. Coutts’ NRI operation has grown significantly over the last year, and Michael’s vast experience in cross border wealth management will help continue this growth and ensure that we achieve our ambitions in the markets in which Coutts operates. We are delighted to welcome Michael to Coutts.”
Michael Morley, Chief Executive of Coutts & Co. added, “With an increasing amount of UK wealth deriving from international locations, Coutts’ International Desk in London continues to be of significant importance to the business. Michael’s extensive experience will enable us to maximise the opportunities within this market.”