Jonathan Peake has joined private bank Hampden & Co from Standard Bank International as chief financial officer (CFO).
Peake spent more than six years as CFO and executive director at Standard Bank International, the banking and wealth management group, which has approximately £6bn in client deposits and £2.5bn of assets under management.
Peake previously served as head of risk for both Standard Bank and Deutsche Bank International and was a senior manager at KPMG Forensic.
He is a member of the Institute of Chartered Accountants of Scotland (ICAS) and originally trained and qualified with PwC.
Peake replaces longstanding Hampden & Co CFO Andy Mulligan who is retiring. He held the post since 2011 and was instrumental in the formation of the bank.
Graeme Hartop, Hampden & Co CEO, said: “Andy has been an outstanding CFO for Hampden & Co, helping to set up the bank, guiding the process of obtaining the necessary consents and he has been integral to our fundraises. On a personal level, he has been a great support and friend over the last decade.”
“Jonathan’s considerable UK-wide and international banking experience and credentials are a great fit for Hampden & Co as we enter our next phase of growth. I would like to thank both Andy and Jonathan for such a smooth transition over the last few months.”
Last month, Hampden & Co reported strong growth in loans and deposits for the year to 31 December 2021, driven by a highly competitive and evolving product suite, net client growth across the UK, and increased referrals from professional intermediaries.
The bank benefitted from strong demand for its tailored lending solutions, which include residential, retirement, family guarantor, multi-property, and buy-to-let mortgages.
In 2021, Hampden & Co extended its specialist offerings, complementing its new retirement mortgage service with the launch of a self-build mortgage and financing for eco-friendly home and renewable energy initiatives.
Demand was most marked in London and the South East, accounting for around two thirds of total lending.
The bank’s traditional Scottish markets also registered strong client and lending growth. In addition, lending via referrals from mortgage intermediaries rose over 38%.
