Movers&Shakers

NatWest has appointed Stuart Foster as its new Managing Director of Financial Institutions which is part of the banking group’s Commercial and Institutional business. In his role, Stuart will bring all institutional customers across NatWest Group into one franchise to deliver greater value to all stakeholders.

Prior to this appointment, Stuart led the Institutional Banking business at RBS International, part of NatWest Group, where he was responsible for delivering the institutional banking strategy while serving on the Board of NatWest Trustee and Depositary Services.

Stuart first joined NatWest Group over 20 years ago and has held a number of management positions within the firm. These include Managing Director for Financial Institutions, Professional Services, Education and Charities, and senior roles in Large Corporate Banking, Real Estate and Structured Finance.

Commenting on his new role, Stuart said: ‘’It is an honour to be taking on this new role and it’s a fantastic opportunity to bring together our institutional customers across NatWest Group into a single franchise. By doing so we’re able to bring the best of the whole bank to our customers and further support their growth ambitions.”

Congratulating Stuart on his appointment, Paul Thwaite Chief Executive Officer, Commercial & Institutional, said: “This appointment is thoroughly deserved and a testament to Stuart’s success at RBS International. It is also a reflection of the achievements of his team in growing the business in recent years. I’m looking forward to working closely with Stuart as we deliver the next phase of our strategy.’’

JTC has made a number of senior appointments as part of its bi-annual Group-wide promotions, which this month saw 119 employees recognized for their achievements and commitment to professional development across the Group’s global network.

In particular, Zach Mueller has been made Group Director, Group Development – London, and William Blewett now takes on the role of Director, Private Client Services – South Dakota. Amongst the other senior promotions are Ping Ho (Business Development & Marketing), David Moffat (Fund Services), Emily Mackay (Fund & Corporate Services), Ignacio Terrera (Private Client), Jan Solms (Fund Services), Joanne Lucas (Employer Solutions), Mark Phillips (Fund Services), Paul Markham (Employer Solutions) and Suzanne Cross (Employer Solutions), who have all been promoted to Associate Director.

Jo is MD of Oak

Oak Group has appointed Jo Gorrod as Managing Director of its Jersey office.

Jo has over 20 years’ experience working in the financial services sector in Jersey, focusing primarily on the private client arena, managing complex structures for high-net-worth international families. She joined Oak Group in 2018 as a Client Services Director, prior to which she held the same title at Equiom Group.

Jo has extensive experience of working with UK resident and non-domiciled individuals, having previously led a team specialising in this area. Jo also has significant experience in managing high value commercial and residential property structures.

In her new role, Jo will support the business in delivering its 3-year strategy, which focuses on the cultural, operational, and commercial transformation of the business.

Jo has an honours degree in English from the University of Manchester and has been