Singapore, Oct 24, 2012 - (ACN Newswire) - Coutts is pleased to announce that Rory Tapner, Chief Executive Officer, has been named "Outstanding Global Private Banker" for 2012 by Private Banker International (PBI) magazine.
The award was announced at the 22nd annual PBI Wealth Management Summit in Singapore. Since first being held over two decades ago, the event has grown significantly and now draws a large number of influential industry specialists, private bankers and executive management from around the world.
In giving Rory Tapner the award, Nicholas Moody, Editor of Private Banker International said: "In the past two years, the changes at Coutts have been dramatic. From a firm primarily concerned on offering banking services, a broad wealth management offering has been created in line with the ambition to be the number one for investment and wealth management - a one-stop solution for banking through wealth structuring to succession and beyond."
He also cited the Coutts brand as the centrepiece in the Wealth Division's transformation and image, adding that it is "one of the most outstanding images in global private banking."
The changes underway at Coutts following the creation and implementation of a new strategy, created, headed and implemented by Rory Tapner, is "one of the biggest change management projects in global private banking of recent years".
"I am both extremely pleased - and somewhat humbled - by being named for this award. The pace and speed of change that we are currently undertaking at Coutts is unprecedented, and it would not be possible without the full commitment of every one of our employees. This award is really for them, and is the tangible evidence of our efforts beginning to bear fruit," said Rory Tapner.
For the third consecutive year, Coutts also won the Outstanding Philanthropy Offering award. In addition, Shiv Gupta, Managing Director, Private Banking India, Rebecca Hughes, Executive Director, Coutts & Co, and Camilla Stowell, Managing Director, Coutts & Co, each won Outstanding Young Private Banker awards.
Coutts is the wealth division of Royal Bank of Scotland Group. Coutts serves clients from over 40 offices across the world offering tailored wealth management, banking, trust and tax services. Coutts is headquartered at 440 Strand, London with offices in other key international financial centres in Zurich, Geneva, Hong Kong, Singapore and Dubai. The division includes Adam & Company, providing private banking services from Edinburgh, and RBS International, based in the Channel Islands, which provides offshore banking.
About Private Banker International Wealth Summit
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Source: Coutts & Co.
Dinah Seah Coutts +65 6326 1348 firstname.lastname@example.org
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