Monument Bank has appointed Michael Morley to its board.
Morley, who brings over 30 years of experience in international services, is noted for his roles as an independent non-executive director with Hargreaves Lansdown in the UK and Deutsche Bank in Spain and Switzerland.
He was also CEO of Coutts and Co and of Deutsche Bank’s UK wealth management.
Morley will support Monument’s goal of elevating its offering to the mass affluent market.
Morley said: “I am delighted to be joining the Monument Board at this exciting moment in the Bank’s journey and am much looking forward to helping the team to build and grow a distinctive savings and investment offer for the UK affluent segment.”
Ian Rand, chief executive officer at Monument, said: “Michael’s deep experience in private banking and wealth management is a huge asset to Monument.
“His expertise will help us bring high end services that are usually reserved for private banking clients to the mass affluent.
“We are focused on helping our clients make the most of their money.
“That means hiring the right senior talent to deliver the expertise they expect.”
