Arbuthnot Latham, wealth management and Financial Planning arm of the Arbuthnot Banking Group, has appointed a new head of its regional offices.

The firm has promoted Chris Reah to the role as it seeks to “further invest in its regional growth”.
 
Reporting to Mr Reah, Arbuthnot Latham has promoted Andy Broughton to head of the bank’s Manchester office, which opened in 2017 and now employs an 11-person banking team.

The changes follow the recent appointments of Rob Salisbury as the head of the firm’s Exeter Office and Mark Lucas as head of the Bristol office.

The company says the appointments are part of a “commitment to expand its offering outside of London, across UK regions.

“Concentrating on three well-placed regional offices, Arbuthnot Latham is able to meet client needs and expectations – a bespoke service from a local expert able to offer commerciality, commitment and creativity.”
 
Mr Reah joined Arbuthnot Latham’s south west office in 2014, following 11 years at Coutts as head of the Exeter office.

At Arbuthnot Latham, he has led the team in developing the full regional proposition, to service the wealth management needs of clients across the South West.

In 2017, he drove the expansion of the full private banking and commercial service, helping to establish an office in Bristol, in addition to Manchester and Exeter.
 
Mr Reah said: “The creation of this role is further demonstration of Arbuthnot Latham’s commitment to expanding its relationships with clients across the UK.

“We have seen a great response across regional offices; collectively assets under management, deposits and lending have doubled over the last two years and our client base has increased threefold.

“We are delighted to reaffirm our commitment to serving the needs of entrepreneurs, business owners and wealth generators across the country.”
 
Stephen Fletcher, Deputy CEO, said: “I am very pleased to announce the appointment of Chris to regional head of Arbuthnot Latham and Andy Broughton’s promotion to head up our Manchester office.

“These appointments help to expand our offering for private banking clients outside of the Capital.
 
The SME market has been underserved by the banking sector, and this is particularly to outside of London.  We are making encouraging inroads as we execute our plans to ensure more UK SMEs can benefit from our ‘private banking-style’ relationship led offer.”