Mirabaud has hired Stuart Bates as the new CEO of its UK wealth management branch to bolster its wealth proposition in the country.
Bates will head a team focused on raising Mirabaud’s global, independent and customised approach to wealth management in the UK market.
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He will focus on strengthening Mirabaud’s UK platform and expanding its presence in the UK through the selective hiring of relationship managers.
According to Bates, the company will enhance its existing structures, and create and customise strategies that will deliver long-term value and positive outcomes for clients in order to meet this objective.
Bates said: “As CEO of the wealth management’s UK Branch, I will bring a diverse range of experience to Mirabaud, as we strive to enhance our UK proposition.”
He previously held key positions in companies such as Donaldson Lufkin & Jenrette, Credit Suisse, and Julius Baer International.
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By GlobalDataHe is said to have been instrumental in leading the London integration of the Merrill Lynch business into Julius Baer during his tenure at the firm.
Mirabaud head of the UK market Etienne d’Arenberg said: “Stuart’s natural leadership and multi-faceted knowledge of the industry will bolster our UK capabilities and enhance outcomes for our client base.”
Bates succeeds Harry Thorburn, who will now join the company’s executive committee of the UK business.
Last December, Mirabaud Asset Management appointed Jérôme Paganini as head of sales for Switzerland.
In November last year, Mirabaud Group launched an M&A advisory service – Mirabaud Advisors – dedicated to mid-cap transactions, of around €50m-€250m.
