Wealth manager appoints new CEO

Alan Mathewson

Wealth manager Brown Shipley has announced the appointment of a new Chief Executive Officer.

Alan Mathewson, who is expected to assume his new role by April next year, joins the firm from Santander UK where he has spent the last three years as managing director of its Wealth Management and Private Banking services.

During his time with the bank, he oversaw its move into the UK private banking and wealth management market, including the launch of its digital investment channel.

Mr Mathewson, 47, has held a number of other senior leadership positions during his 22 years at Santander, including CEO of Cater Allen Private Bank, CEO of Santander Insurance, CEO of Santander Cards and managing director of Santander’s retail branch network. He has more than 30 years of financial services experience and started his career with Lloyds Banking Group.

He replaces Brown Shipley’s current CEO, Ian Sackfield, who announced in March that he would step down from the role once a permanent replacement had been found.

Mr Sackfield, who will oversee the handover to his successor, is remaining with the business as a client director.

Commenting on the appointment, David Rough, chairman of Brown Shipley, said: “I am delighted that Alan is set to join Brown Shipley. He has significant leadership skills, together with both specific wealth management and broad financial services experience, including a successful track record of growing wealth management businesses as a CEO.

“As CEO of Santander’s wealth management and private banking business, Alan has significantly enhanced the client service propositions, particularly through leveraging technological advancements. I am confident that, given Alan’s mix of experience, drive and enthusiasm, he will build upon the impressive foundations Brown Shipley has as a UK-wide full-service wealth manager and that he will continue to drive the business forward.

“On behalf of the board, I would also like to thank Ian for his significant contribution to Brown Shipley and its success during his time as CEO. He has led the business admirably, delivering significant growth in AuM and having successfully integrated recent acquisitions. I am extremely pleased Brown Shipley will continue to benefit from his wealth of experience in his role as Client Director once Alan takes over.”

Mr Mathewson said: “I am thrilled to be joining Brown Shipley, a well-established and successful firm with ambitious growth plans. Its focus on providing a compelling wealth management proposition to its clients and placing the client at the heart of everything it does is something I aim to build upon. I very much look forward to starting the role and building upon Brown Shipley’s long history of success.”

Brown Shipley has offices in London, Manchester, Birmingham, Leeds, Edinburgh and Nottingham.

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