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Friday, September 21, 2018

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News

346-year-old private bank names new CEO

Tom Belger | 07:30 Wednesday 5th September 2018

Private bank C Hoare & Co has announced that Steven Cooper will be its new chief executive officer.

He will join the bank from 10th January 2019 from Barclays Bank PLC.

At Barclays, Steven has most recently served as CEO at Barclays Personal Banking UK and Europe, and CEO at Barclaycard Business. 

During his time with the high street bank, he worked across a wide range of product lines, including retail and business banking, payments, data, digital and fintech.

At C Hoare & Co – which was founded in 1672 and provides current account and mortgage services – Steven will report to Lord Macpherson, chairman of the private bank.

“We are very pleased to welcome Steven as our new CEO,” said Lord Macpherson.

“His deep and extensive banking experience will help ensure that we continue to provide our customers with the highly personal private banking service that sets us apart from our peers.

“I am confident that Steven will prove to be an invaluable addition to our executive team and look forward to working closely with him.”

Alexander Hoare, partner and director at C Hoare & Co, said that Steven’s banking expertise and leadership abilities made him the perfect fit for the role.

“Steven exemplifies our core values and philosophy, which have served us and our customers well for nearly 350 years.

“I am pleased to welcome him to C Hoare & Co’s executive team and look forward to working with him.

“On behalf of the partners and the board, I would like to thank David Green for his exceptional leadership of the bank as chief executive and managing director.”

Meanwhile, Steven added: “I feel delighted and privileged to be joining such an outstanding institution.

“C Hoare & Co has a reputation founded on centuries of excellence and I am very much looking forward to working with the team to continue that tradition.”

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