Ewart installed at restructured Coutts

Coutts, the venerable private banking business owned by RBS, has announced a shake-up that will see Ian Ewart take over as head of products, services and marketing.

He replaces Byron Coombs, who is retiring from full-time management.

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Under Ewart’s leadership, the division is being restructured, with Gayle Schumacher assuming responsibility for all matters related to the management of clients’ money. Simon Ridgers and Mark Evans will continue to manage banking, credit and dealing, and Coutts Institute, respectively.