She brings extensive leadership experience from her previous role at Handelsbanken UK
UK private bank Hampden & Co has announced that Tracey Davidson (pictured) has finally taken over as its new chief executive officer, following the departure of Graeme Hartop, who stepped down after 11 years in the role.
Davidson previously served as deputy CEO of Handelsbanken UK and chair of Handelsbanken Wealth & Asset Management. She joined Handelsbanken in 2003 from Barclays to help grow the Swedish bank’s UK operations.
Davidson is also a board member of the Personal Investment Management & Financial Advice Association (PIMFA) and chairs the Integrity and Ethics Committee at the Chartered Institute for Securities & Investment (CISI).
“In 2015, Hampden & Co launched as the first new UK private bank in 30 years,” said Davidson, whose appointment was announced earlier this year. “It has garnered a strong reputation for excellent client service and tailored products.
“I see the potential for strong growth as UK customers increasingly seek a more personalised banking service from a bank that understands their needs. I am excited to join Hampden & Co, and I look forward to leading the team to further success in the years ahead.”
Hampden & Co provides banking, deposit, lending, and foreign exchange services to high-net-worth clients, their families, and businesses.
The bank recently announced that its total balance sheet assets reached £1 billion for the first time in the first half of 2024. Total deposits increased by 15.8% year-on-year to £895 million, while total lending rose 20.4% to £555 million. In its 2023 annual results, the bank reported a profit before tax of £9.1 million and declared its first-ever dividend.
Hampden & Co is planning to relaunch its digital banking service later this year and is relocating its offices in Edinburgh and London to accommodate client needs and a growing workforce.
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