Arbuthnot Latham appoints Simon New as chief operating officer
Arbuthnot Latham and Co., Ltd. (‘Arbuthnot Latham’), the private and commercial bank, is pleased to announce the appointment of Simon New as chief operating officer. In addition to his executive role, Simon has also joined Arbuthnot Latham’s Board of Directors.
He succeeds Daniel Dagg, who has contributed significantly to the bank over more than nine years. Daniel will be stepping back from his executive responsibilities but will remain with Arbuthnot Latham until the end of the year to ensure a smooth and seamless transition.
Simon brings over 30 years’ experience in the financial services sector, spanning both private and commercial banking, with significant expertise across strategic transformation, credit, and customer experience. He joins from FNZ Group, a global wealth management technology provider, where he was chief customer officer, following senior leadership roles at Iress and EY. He began his career at Lloyds TSB, where he spent over twelve years building a strong foundation in private and commercial banking.
Simon New, chief operating officer of Arbuthnot Latham, said: “I am excited to be joining Arbuthnot Latham at such a pivotal time for the business – the bank has continued to grow strongly, developing capabilities and propositions for both today and the future whilst maintaining the highest values and standards. The opportunity to help the team and drive the next phase of growth aligns perfectly with my personal and professional ambitions and I am looking forward to the challenges ahead.”
Andrew Salmon, chief executive of Arbuthnot Latham, said: “I’d like to thank Daniel for his dedication and leadership over the past nine years. His impact on the bank has been significant, and we wish him all the best with his future endeavours. We are delighted to welcome Simon to Arbuthnot Latham. His extensive experience across wealth management and private and commercial banking, combined with a proven track record in strategic transformation and customer-focused leadership, will help us greatly as we continue to grow and enhance our client offering. Simon’s deep industry knowledge and leadership will play a key role in shaping the next phase of our growth.”