Private bank Weatherbys names Bellamy as new chairman

High-end private bank Weatherbys, part of the racingfocused Weatherbys group, has appointed outgoing St James’s Place boss David Bellamy as its new chairman.

Bellamy, who is leaving his role at St James’s Place next year, will become the first person outside the Weather- bys family to take the role at the bank, which opened an office in Edinburgh in 2015.

Roger Weatherby, chief executive at Weatherbys Bank said: “David’s experience in the financial services sector, his leadership skills, and his passion for innovation, growth, and trusted advice will make him an invaluable addition.

“His track record at St James’s Place speaks volumes for his ability, where, over the course of 11 years as chief executive, funds under management more than uadrupled to over £85 billion.”

Roger’s brother Johnny has served as chairman of Weatherbys Bank since its incorporation in 1994 and he will continue as a non-executive director.

Bellamy said: “Weatherbys’ heritage, track record and exceptional client focus provides the perfect platform for its future aspirations.”

Earlier this year the firm said it was growing at a faster rate in Scotland than the rest of the UK and that it aims to double its business over the next five years.

Private-banking sector veteran Douglas Noble joined the team north of the Border in May. 0 ‘Perfect platform for the future’ - David Bellamy