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.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
FP Show confirms Zopa co-founder as keynote speaker
James Alexander, co-founder and former CEO at Zopa (pictured above), has been named as the keynote speaker at the forthcoming Finance Professional Show...
Metro Bank provides £4m invoice finance line to healthcare business
Metro Bank has provided a £4m invoice finance line to medical insourcing specialist 18 Week Support Group...
Modulr to create over 30 new jobs in Scotland
Modulr has completed its latest funding round led by digital venture builder Blenheim Chalcot, which takes the latter’s total investment in the payments fintech to £10.5m...
Specialist banks answer need for products that ‘reflect the reality of today’s society’
Better service and products are the main reasons why a broker would use a specialist bank, according to the latest poll by Specialist Banking...
Leeds Building Society cuts rate on retirement interest-only mortgage
Leeds Building Society has reduced its five-year fixed rate on its retirement interest-only mortgage...
60% of people want to know where their money is invested
Six out of 10 people (60%) want to know where their money is invested, according to the latest research published by Charity Bank...
Why commercial banks are in danger of being left behind
Harnessing a customer-first, technology-led approach, retail banks are paving the way with innovation...
Aldermore supports Quba Solutions with £10m facility
Aldermore has provided a £10m finance facility to Dorchester-based Quba Solutions...
TSB announces new SME banking leadership team
TSB has revealed its new SME banking leadership team as it prepares to launch its business banking proposition later this year...
Paragon Banking Group expects 25% BTL pipeline growth
Paragon Banking Group has announced that its BTL pipeline at 30th September 2018 is expected to be more than 25% higher than the level reported at the same time last year...
Development Bank of Wales moves into new Wrexham HQ
The Development Bank of Wales has opened its new headquarters in Wrexham at Yale Business Village...