Coutts & Co, the UK’s leading private bank, has today announced that Football Association Executive Director, David Davies, is to become its regional chairman for London, upon his retirement from the FA in September.
Coutts, which was named best provider of services to sports professionals earlier this year, has appointed Davies to work as a consultant with its sports and entertainment division. His role will be to act as an ambassador for the bank, through his links with the world of sport. He has developed these over more than a decade through long term roles with the British Olympic Association in the build up to the successful bid for London 2012 and as an ambassador for English football in every continent.
On his appointment, Davies commented: “I am very pleased to announce my intention to join Coutts as regional chairman. While I remain totally focussed on supporting England through the World Cup in Germany next month, I look forward to starting this new and very different challenge after 12 years with the FA. Coutts already manages the finances of a wide variety of sport professionals, from different fields and in different capacities, and I look forward to helping the bank further develop its business in this area.”
John Williams, head of private banking at Coutts, added: “We are delighted to welcome David to our team. He brings with him a wealth of experience and an insight into the world of sport from both the perspective of a highly regarded journalist, and as an enormously successful executive at the FA. We look forward to working with him to enhance our position as the leading provider of wealth management services to sports professionals.
“We wish David and the England team the very best of luck in Germany and look forward to celebrating a successful tournament on their return.”
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For further media information on Coutts contact:
Claire Symonds, Regional PR Manager, Coutts & Co on 0207 957 2650 or mobile 07970 001149 or e-mail claire.symonds@coutts.com
Notes to Editors
- Coutts is the international private banking arm of The Royal Bank of Scotland Group. The Royal Bank of Scotland Group is one of the world's largest banking groups.
- Coutts was awarded the best private bank for sports and entertainment professionals in the 2006 Euromoney awards.
- Coutts manages the wealth of 96,000 high net worth clients worldwide through a network of 40 offices globally.
- The first Coutts regional office to be opened was Eton in 1961. The most recent new opening was Liverpool at the end of 2003. Today, Coutts has regional offices in Bath, Birmingham, Bournemouth, Bristol, Cambridge, Cardiff, Eton, Guildford, Leeds, Liverpool, Manchester, Newcastle, Nottingham, Oxford, Tunbridge Wells & Winchester. Coutts has recently announced that it is to open its 17th regional office in Milton Keynes this autumn.
- Coutts offers clients a range of products and services covering sophisticated investment products together with expertise in trust and fiduciary services and UK tax and banking services.
- Coutts for three years running, (2003-2005) was awarded ‘Best Use of Long-Only Multi-Manager Structures’ at the Private Asset Management Awards
- This year Coutts & Co was named the UK’s Best Private Bank by Euromoney magazine
- Coutts & Co is authorised and regulated by the Financial Services Authority. Coutts & Co Registered in England No 36695Registered Office 440 Strand London WC2R 0QS
- Calls may be recorded
www.coutts.com