Duncan Lawrie Private Bank has appointed Richard Wastcoat as Non-Executive Director. He joins with immediate effect.
During his 25 year career at Fidelity, Wastcoat was Chief Executive of its UK mutual fund business, and subsequently FundsNetwork, from 1999 until his retirement from the company in 2008. During this period, he also held several concurrent roles, which involved overseeing Fidelity’s businesses in Spain, the Nordic Region, the Middle East and Africa, and India. He also spent seven years of his career at Fidelity based in Hong Kong.
Matthew Parden, Managing Director at Duncan Lawrie Private Bank, says: “Richard Wastcoat joins us as we embark on a strong period of growth both in our client numbers and our funds under management. He brings with him not only a breadth of experience, but a deep insight into investment management. Richard will also be invaluable in the development of our corporate strategy and other key matters.”
Wastcoat says: “Duncan Lawrie has ambitious growth plans and I look forward to bringing my skills and experience to help expand its business both in private banking and wealth management. The business has grown significantly in recent years and I look forward to contributing my experience to the development of their corporate strategy.”