Duncan Lawrie Private Bank has appointed Trevor Barratt as head of risk and compliance.
Barratt takes up the newly created position following over 20 years of experience as a senior executive in governance and risk management.
Barratt joins from CAF Bank where he held the position of chief risk officer. Previously he worked for 17 years at Lloyds. As head of strategy risk he established Lloyds’ first ever strategic and business risk function.
Barratt is a well-known speaker both within the UK and internationally on the subject of governance, compliance and risk. He is also an examiner for the International Compliance Association having finished top in the association’s Anti Money Laundering Diploma 2011.
Matthew Parden, managing director at Duncan Lawrie Private Bank, says: “As authorities embark on the reformation of the banking industry, following a series of problems within the financial sector, we are seeing a considerable number of policy changes and regulatory proposals which will need to be adhered to and implemented fully.
“At Duncan Lawrie we remain focused on ensuring what we do is right for our clients and adheres to regulation whilst supporting the growth plans of the business.
“Trevor’s experience in risk and compliance is first-rate and we could not have hired a more qualified and informed individual to undertake this role.”
Barratt says: “People are looking for reassurance from financial companies and want to ensure that their bank meets the highest industry standards.
“With the array of regulatory change all firms are dealing with at present, there is a great opportunity for financial companies to focus on ways to improve client service. Good regulation and good customer service go hand-in-hand and Duncan Lawrie is well-positioned, through its strong internal processes, to embrace these changes and deliver the highest level of service to its clients.”
