has appointmented an an ex-Coutts and Co. banker as its new head of private banking.
New recruit Mike Norfolk was most recently the head of private banking at Couts and Co., the wealth division of the Royal Bank of Scotland, where he was based in London.
He has around 20 years banking experience, including 15 years in private banking.
Commenting on the appointment, Global Wealth CEO Joyce Phillips said Norfolk is an "experienced private banker, with a proven track record of delivering exceptional service to clients".
“We are focused on delivering a distinctive private banking proposition and access to world-class investment capabilities, as well as connecting clients to the significant wealth flows across the Asia Pacific region," said Phillips.
Norfolk has been Head of Private Banking at Coutts and Co. since March 2011, responsible for driving business improvement across the UK and selected international locations.
He also held a number of senior leadership roles with Coutts between 1998 and 2010, responsible for leading large teams to drive long term sustainable growth in the UK wealth management business.
Mr Norfolk will be based in Sydney and will commence in early 2014.