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Investec Private Bank Channel Islands appoints new MD

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Brendan Stewart has been appointed Managing Director of Investec Private Bank in the Channel Islands and Isle of Man, succeeding Stephen Henry, who is retiring after 10 years in the post. 

Stewart has held a number of senior roles with Investec Bank Limited in South Africa in his 14 years with the group, including Regional Head, Investec Private Bank in Durban, and for the past decade has been responsible for growing the regional Private Banking business within the region and a staff of 130 people. During this time he sat on the bank’s National Management Committee, which oversees development and strategy in South Africa. 

Previously Stewart held management positions with accountants Grant Thornton and EY, and the London-based venture capital firm, Unilever Ventures. 

Stewart says: “First of all I have to pay tribute to the contribution that Stephen Henry has made to the success of Investec Private Banking in the Channel Islands, displaying sound leadership and vision to build our team of professionals. I am looking forward to working with our teams in Guernsey, Jersey and Isle of Man as we continue to build on solid foundations and deliver excellent service and flexible banking solutions for our clients. 

“The Channel Islands and Isle of Man are highly regarded, and reputable international finance centres and Investec is committed to maintaining the standards of excellence and professionalism for which we are known.” 

Stewart is an alumnus of Harvard Business School, having completed the Programme for Leadership Development, is a member of the South African Institute of Chartered Accountants, is a Fellow of the Chartered Institute of Management Accountants and holds a Degree and Post-Graduate Diploma in Accounting from the University of Natal in Durban. 

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