Brown Shipley, a Quintet Private Bank, has appointed Kath Cates as Chair of the Board of Directors, subject to regulatory approval.
Cates replaces Rory Tapner, Chair of Quintet Private Bank, who was interim Chair of Brown Shipley.
Cates has more than 30 years’ experience in financial services, and has held senior roles based in the UK and overseas. She is an experienced Non-Executive Director, having served on the boards of several financial services companies, including at Brewin Dolphin. Kath also sits on Boards within the Columbia Threadneedle Group; TP ICAP; United Utilities Group and until very recently, at RSA. During her executive career, Kath spent more than 20 years at UBS, where she held roles as Global Head of Compliance and General Counsel and was appointed to the UBS Global Investment Bank Board. Kath went on to be appointed Global COO of the Wholesale Bank at Standard Chartered.
At Brown Shipley, Cates will work alongside and advise the executive directors to shape the strategic growth of the business and its continued alignment with Quintet Private Bank.
Rory Tapner, Chair of Quintet Private Bank, says: “I’m delighted to welcome Kath as Chair of Brown Shipley and to the wider Quintet family. I have every confidence that, in partnership with her fellow Board members and the Brown Shipley Executive Committee, Kath will make an important contribution to Brown Shipley’s ongoing growth and sustained success”
Alan Mathewson, CEO at Brown Shipley, says: “Kath has exceptional experience, particularly within banking and wealth management. Her understanding of the market and opportunities, alongside her combined expertise in risk management, governance and business transformation will be a major asset to Brown Shipley. I look forward to working closely with Kath as we continue to develop our wider propositions and bring the whole of Quintet to our clients.”
Cates adds: “I look forward to working with Alan and the executive team at an exciting time for Brown Shipley and Quintet, as the business continues its transformation through strategic growth opportunities with client interests at the heart.”