David Thompson joined on 6 January and will work to build open architecture trustee investment selection and monitoring frameworks.
Thompson’s primary responsibility will be supporting clients and trustees with selection and monitoring of investment management solutions. He will also be a key member of the leadership team.
He previously worked at Royal Bank of Canada, also in Jersey, where he had an active role in successfully building their discretionary portfolio management solutions in the British Isles.
Martin Hall, chief executive of Coutts Trustees said: “I am delighted to announce David’s appointment to Coutts Trustees. With over 15 years in the investment management industry, both onshore and offshore, David’s expertise will significantly contribute to the growth of our flagship trust business in Jersey.”
The appointment forms part of a new management team led by chief executive Martin Hall, which comes from across different sectors of the industry.
Coutts said the team’s proposition includes fiduciary decision making, developing client service and trustee relationships, and recognising key industry trends.
Around 18 months ago, Coutts announced the development of its Jersey base as the centre for its growing international trust business.
Through increased investment, it hopes to enhance its offering which comprises trust and company structures in support of clients’ long term financial goals.
