Stonehage Fleming, a multi-family office, has appointed Stuart Parkinson as its Group CEO.
Parkinson, who joins from Lombard International Group, steps into his role with a wealth of experience in international banking and financial services.
At Lombard, Parkinson will serve as group CEO, overseeing significant growth and the eventual sale of the business.
He brings a wealth of qualifications to his new role at Stonehage Fleming, having worked in banking and financial services internationally for more than 30 years. Beginning in April 2020, Parkinson served as the leader of Lombard International Group, a company well-known for providing wealth and succession planning solutions to high-net-worth individuals, families, and institutions.
Moreover, he also served in a variety of executive capacities throughout his 27 years with HSBC Group, including chief investment officer at HSBC Private Banking & Wealth Management, before joining Lombard.
Giuseppe Ciucci, executive chairman of Stonehage Fleming, stated: “Stuart is a highly experienced global financial services leader, and we are proud to welcome him as CEO of Stonehage Fleming. His track record, including deep expertise in growing international businesses, building, and managing diverse teams and bringing resources together across multiple geographies, clearly demonstrates that he possesses the skills and ideas to help our business continue to thrive.
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By GlobalData“We have worked hard to develop a highly differentiated position serving the needs of successful families and wealth creators; Stuart’s fresh ideas and perspective, alongside an excellent understanding of this client group, will complement the proven capabilities of our current team.”
Parkinson shared: “Stonehage Fleming is the pre-eminent adviser in the multi-family office space. The firm’s impressive ecosystem of services and relationships, with a 7th generation family still at its core, places it in an unparalleled position to protect and manage the interests of the world’s leading families and wealth creators. I’m looking forward to getting to know and work alongside my new colleagues in the coming months”
Parkinson officially began his tenure on 20 January and is based in the firm’s London office.