He brings with him more than three decades of experience in financial services
Weatherbys Private Bank has announced the appointment of Mark Batten (pictured) as non-executive director and senior independent director.
Batten brings with him more than three decades of financial services experience, having been a partner at PricewaterhouseCoopers LLP (PwC) for over 25 years before retiring from the partnership in 2017.
A chartered accountant, Batten worked at the highest level on the restructuring of financial services organisations within insurance, banking, and fund management. He led PwC’s team working for HM Treasury on the rescue of the Royal Bank of Scotland and for the Irish Treasury in developing its ‘bad bank’, NAMA.
Since retiring, Batten has been a senior adviser to UK Government Investments and has taken up a number of board non-executive roles across the insurance and real estate sectors.
“I am delighted that Mark has agreed to join our board,” stated Roger Weatherby, chief executive at Weatherbys Private Bank. “We will be able to draw on his considerable risk and regulatory experience, as well as the wealth of knowledge he has forged, working for governments and financial institutions in the UK and internationally.”
Last May, Weatherbys Private Bank announced that managing director Quentin Marshall would succeed Roger Weatherby as chief executive, who in turn would become chairman of the Weatherbys Banking Group in early 2024.
The group, which includes Weatherbys Private Bank, Weatherbys Racing Bank, Arkle Finance and insurance broker Weatherbys Hamilton LLP, reported a 124% increase in profits last year. Founded in 1770, Weatherbys is a seventh-generation, family-owned business.
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