The specialist bank's board has confirmed that Mark will be retiring once a successor has been found.

Mark joined Hampshire Trust Bank in 2012 and has helped to build the bank into a profitable business.

“I am immensely proud of what we have achieved for our customers, employees and shareholders – we really have built a bank to be proud of as we intended,” said Mark.

“During my banking career, I have seen many changes affecting our markets – how we do business and the importance of serving our customers.

“Looking forward, it will be no different.

“When my successor is appointed and I close my career as an executive banker, they will find a strong, well-established, customer-focused business managed by a great team and set fair for the next exciting stage in its growth and development.”

Mark said he would work with continued commitment to progress the delivery of the bank's current plans during the search for his successor.

Robert Sharpe, chairman of Hampshire Trust Bank, revealed that the search for Mark's successor was already underway.

“Having recently reached the 40th anniversary of his career in banking, he has decided that the time is right for him to retire from full-time executive roles.

“Mark has made a tremendous contribution to Hampshire Trust Bank through its acquisition, its move to London and the implementation of its strategy.

“Under his leadership, the bank has focused on serving its customers and generated good returns for its shareholders.”