Coutts has created a new wealth head role in a restructure across its senior executive team.
The bank’s private office head, Camilla Stowell (pictured), will take on this expanded role of head of wealth and investment management.
In her new capacity, Stowell will run Coutts’ portfolio management, investment platform, investment delivery and wealth structuring, teams
Other changes see Mohammad Kamel Syed appointed head of global markets, taking responsibility for the performance of Coutts’ discretionary client portfolios and mandates. He will continue to be responsible for chairing Coutts’ Investment Committee.
Managing directors Harry Keogh and Rebecca Hughes will also take up new positions.
Keogh has been appointed head of key client coverage and is charged with developing relationships with the bank’s most influential clients. These duties will be added to his existing responsibilities working with sports, entertainment and landowner clients.
Meanwhile Hughes will head the financial sponsors and executives client group, which serves City individuals in the private equity, hedge fund, asset management and financial tech sectors.
In a statement Coutts said the changes were designed to improve its focus on investment management.
‘This sharpened focus on investment management is being recognised by our business growth and this reorganisation ensures we have the right people leading the right teams to deliver against our renewed strategy,’ said chief executive officer Peter Flavel.