Caroline Taylor, who has a background in investment management, including global markets, regulation and risk management, becomes a non-executive director and chair of the bank’s remuneration committee.
Taylor, who is also a non-executive director at Brewin Dolphin and Ecclesiastical Insurance Office, spent more than a decade with Goldman Sachs and was a director of The City Women’s Club between 2007 and 2009.
Hampden & Co has strengthened its board over the last 12 months, with recently retired Brewin Dolphin chairman Simon Miller taking up the role of chairman at the private bank in May 2020.
Miller, who helped found the bank under its original name, Scoban, in 2010, said: “Caroline brings a vast amount of experience and know-how to the board. I know how valuable she will be in guiding Hampden & Co through its next phase of growth.”
Chief executive Graeme Hartop said: “As we continue to scale the bank in the UK from our offices in Edinburgh and London, it’s paramount that we have a strong, experienced board in place and Caroline brings a wealth of knowledge and expertise.”
Taylor added: “Hampden & Co has established itself as one of the most dynamic and well-run private banks in the UK and is underpinned by a high-calibre team with an unwavering focus on delivering high and personalised levels of service for clients. I look forward to working alongside Simon, Graeme and the rest of the board in the months and years ahead.”
The bank said it was set to report “strong” financial results for 2020 despite the impact of the pandemic, including double-digit growth to its loan and deposit books.
Hartop added: “As we grow both deposits and lending, correspondingly we are planning to hire additional talent to our private banking teams in Edinburgh and London.”
In August, the bank said it had grown its deposits by £82 million in the first half, a year-on-year increase of 24 per cent, while lending was up by £94m, a rise of 61 per cent.