Former chief executive will step up to the role of chairman next year
Weatherbys Banking Group has announced that former managing director Quentin Marshall (pictured) has stepped into the role of chief executive, replacing Roger Weatherby, who will become chairman at the family-owned group in 2024.
Marshall has been with Weatherbys Private Bank since 2015, having joined from Coutts, where he was head of advisory within the investments team and deputy chairman of the bank’s investment strategy committee.
Prior to working for Coutts, he worked for UBS for 16 years, joining predecessor firm SG Warburg from Oxford University as an investment banker. During this time, he spent four years advising the Republic of Indonesia during the Asian financial crisis.
Marshall, whose appointment as CEO was announced earlier this year, also acted for some of the largest FTSE 100 companies raising capital and working on mergers and acquisitions. He subsequently specialised in advising family-owned companies, moving to UBS Wealth Management to help create the UBS Family Office Group.
“Quentin has a rare combination of deep private banking expertise and a thorough understanding of what our clients want and deserve, namely exceptional personal service,” stated Weatherby, who will replace David Bellamy as chairman in March 2024.
“It has been a privilege to have led the bank as chief executive for more than 23 years, but my involvement with the group remains, and I am excited to be taking on a new role as Chairman. I would like to thank everyone, past and present, for helping us grow into the business we are today.”
Commenting on his new role as CEO, Marshall said he was looking forward to leading the bank’s next phase of growth while remaining true to the values that have underpinned the family business for more than 250 years.
“My priority in my new role will be to continue to provide the exceptional level of service we deliver to our clients,” he added. “This will mean further investment in our people and technology to ensure we remain responsive to our clients and continue to be their trusted advisers and bankers of choice.”
Founded in 1770, Weatherbys is a seventh-generation, family-owned business. The group includes Weatherbys Private Bank, Weatherbys Racing Bank, Arkle Finance Ltd, and insurance broker Weatherbys Hamilton.
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