European Wealth recruits ex-Standard Chartered private bank boss

European Wealth has hired former Standard Chartered Bank private bank boss Marianne Laing Hay as a non-executive director.

Hay will join the board on 1 December, with news coming hot on the heels of the AIM-list wealth firm’s acquisition of Manchester-based Xcap Nominees.

At Standard Chartered, Hay served as head of private banking for Europe, Middle East and Africa for Standard Chartered Bank.

Prior to this she had a spell as chief executive of Citigroup’s European global wealth management business. She has also been head of private wealth management for Morgan Stanley in New York and London.

Commenting on the appointment European Wealth chair John Morton (pictured) told the market: ‘[Hay] brings a wealth of investment experience from across a broad range of leading global companies. 

He added: ‘The board believes she will be a great addition, providing strong financial and commercial input to our expanding franchise.’

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Friday, November 27th, 2015 EN

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