Mark Bright has been appointed managing director of Kleinwort Benson in Guernsey.
Kleinwort Benson has redefined its three business units: private wealth management, banking and private and corporate fiduciary.
The company has strengthened the role of local managing directors, with the heads of the newly formed divisions also assuming the roles of managing directors of UK, Guernsey and Jersey respectively.
Bright’s appointment as managing director also includes that of head of banking for the Kleinwort Benson Group, and focuses on the growth of the group’s banking proposition from its newly centralised base in Guernsey.
During his 33 year career in finance, Bright (pictured left) has worked in the Middle East and across Europe. He began his career at the National Westminster Bank in London in 1977, before moving to the Bank’s Bahrain offshore banking unit. He remained in Bahrain for ten years, working at the Swiss Bank Corporation, where he was appointed vice president and deputy branch manager.
Bright moved to Guernsey in 1993 where he joined Credit Suisse (Guernsey), becoming a member of the executive board with general responsibility for business development. He moved to MeesPierson Channel Islands as managing director in 2001, before moving to Ansbacher where he was appointed as chief executive/country manager of the group’s Channel Island business.
In the Channel Islands, he joins Angus Taylor, who remains managing director of Kleinwort Benson in Jersey, which also encompasses the role of head of corporate and private fiduciary for the Kleinwort Benson Group.
“We are delighted to welcome Mark to both the executive committee and to the board of Kleinwort Benson Channel Islands Holdings,” says Robert Taylor (pictured right), chief executive of Kleinwort Benson Bank. “He is well known and respected in the offshore finance sector and brings with him a wealth of experience and expertise within banking, which will be invaluable to Kleinwort Benson as we focus on the development and growth of our banking proposition from our newly centralised base in Guernsey.”
As a result of the changes Sandra Platts, who was managing director of Kleinwort Benson in Guernsey, has agreed to step down from her role over the next six months to pursue other interests and opportunities.
Kleinwort Benson recently completed its sale from Commerzbank to RHJ International.