Edinburgh-based private bank Hampden & Co has made two c-suite appointments.
Peter Craigie has joined as the new chief risk officer from Lloyds Banking Group, where he was chief risk officer for Islands Banking.
In addition, Gordon Syme has joined the bank as general counsel, moving from Aegon Asset Management, where he was head of legal and regulatory for the UK.
Craigie has spent over three decades in the retail banking, insurance and building society sectors, with experience in conduct, market and operational risk, treasury and finance. He joined Lloyds Banking Group in 2012, holding senior roles covering financial risk, customer proposition and strategy development.
He replaces Alison Inverarity, who has retired from the role.
Inverarity joined Hampden & Co in 2014 and was involved in setting up the bank, having previously been part of the senior team that established Scottish Widows, alongside Hampden’s chief executive Graeme Hartop.
Hartop commented: “Alison made a significant contribution to Hampden & Co through the years and we thank her for the success and value she brought to the bank.
“We are pleased to bring in someone of Peter’s calibre and experience to take up the leadership of our risk and compliance responsibilities.”
Syme, meanwhile, will be responsible for providing legal advice and guidance to the board and the management team.
Prior to working for Aegon, he was at Standard Life and Dundas & Wilson (now part of CMS).
Hartop added: “Gordon has a strong record in legal advisory and leadership roles, including at two of the UK’s biggest financial services groups, and we’re extremely pleased to get him on board at the bank.”
In August last year, Hampden & Co reported record results for the first half of 2022.
Total income increased 47% year-on-year, with deposits up 21% to £731m and loans and advances up 14% to £434m.
The bank expects to announce its full-year results in April.
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