Investec Private Bank hires senior Coutts, Rothschild advisers
Investec Private Bank has strengthened its wealth management arm by hiring advisers from Lord Rothschild's Spencer House Capital Management and Coutts & Co, the UK private bank owned by Royal Bank of Scotland.
Catherine Kirchmann, who will look after clients in countries including South Africa, used to be a marketing associate at Spencer House, where she was responsible for business development, which has been affected by disappointing performance. She was previously a portfolo director at GAM London.
Jennifer Macintyre, who will focus on the UK, used to work for Coutts in London and Birmingham. She has worked in the wealth sector since 2002.
Investec's wealth division targets clients worth in excess of £3m. Each practitioner has an average of 25 relationships. The new recruits will report to Kim Hillier and Rob Gottlieb, joint heads of the division.
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