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Peter Neville named chairman of the board at Kleinwort Benson Channel Islands

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Peter Neville has been appointed chairman of the board of Guernsey-based bank Kleinwort Benson (Channel Islands). 

Neville has also joined the board of Kleinwort Benson Channel Islands Holdings as a non-executive director.

Neville has some 40 years’ experience in the financial services industry. Qualified as a Chartered Accountant in 1971, Neville started his career in the corporate finance team at a London merchant bank. He moved subsequently to HSBC Group where he managed and developed the banking, corporate finance, syndicated lending and money market activities of the group’s Malaysian based merchant banking associate.

He returned to London in the mid-80s with Touche Ross Management Consultants, and later joined the newly formed Investment Management Regulatory Organisation, establishing its compliance department. 

In 1994 Neville moved to Malta as director of investment services for the Malta Financial Services Centre. Over the course of his three year tenure he was responsible for introducing a regulatory system for investment management and funds regulation.

On his subsequent return to the UK, he established a consultancy providing regulatory advice and training services. He joined the Insurance Market Regulatory Division at Lloyd’s of London in 1997 as a general manager. 

He is best known in Guernsey for his work with the Guernsey Financial Services Commission, acting as director general from 2001 until his retirement in May 2009.

Robert Taylor, chief executive of Kleinwort Benson Bank, says: “To have this level and quality of experience on the board is a real asset. Peter is so well informed on all areas of the financial services and banking sectors, and his expertise and knowledge on global regulatory systems, especially in the current climate, is invaluable. He is a key figure in the offshore financial community and we are very fortunate in being able to benefit from his experience and networking ability in the Channel Islands – a crucial location for our business.”

Kleinwort Benson recently completed its sale from Commerzbank to RHJ International.

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