Coutts is a global bank that delivers tailored wealth management, banking, trust and fiduciary solutions - backed by a discreet, professional, world-class service.

Sale of our internationally managed

Private Banking and
Wealth Management business

The Royal Bank of Scotland has announced its agreement to sell its internationally managed Private Banking and Wealth Management business to Union Bancaire Privée, UBP SA.

The sale includes business managed from Switzerland, Monaco, UAE, Qatar, Singapore and Hong Kong. It comprises client relationships predominantly managed outside the British Isles.

The transition of the Europe and Middle East business completed in October 2015, with the Asia business due to complete in 2016.



Fully managed and tailored - or execution only - our extensive global investment expertise is here to support you.



A range of managed investment products for clients who want to make their own choices.

Advice and product fees may apply.
The value of investments and the income from them can fall as well as rise, and you may not recover the amount of your original investment.


Coutts International

Our service relects the desires of our clients - trust and partnership, values that have earned us an enduring reputation with successful people all over the world.

At Coutts we still hold with some traditions, not least our commitment to keeping pace with the changing needs of our clients. Our unquestionable pedigree combines the long-established private banking expertise of Coutts & Co and Bank von Ernst. Our experience of managing wealth throughout the world is unmatched.

We enjoy the support of our parent company, the Royal Bank of Scotland Group, which provides strength, breadth and international reach. Today, we employ people from over 40 countries, representing a vast variety of cultures and backgrounds. Our organisation is as diverse as the clients whose wealth we manage.

So wherever you are, we're not only at hand, we're also at home.


Chief Executive Officer

Michael Blake

Michael Blake was appointed Chief Executive Office of Coutts & Co Ltd effective May 2015.

Prior to this, he served as General Manager Asia for Coutts.

Michael brings to the role a track record of leading cross-cultural teams during periods of growth and transformational change. He has lived and worked in Asia, Switzerland and London over the past decade and is active in various international affairs forums.

Michael read Philosophy, Politics and Economics at Oxford University and studied Mandarin in Beijing. 



Chief Operating Officer and deputy Chief Executive Officer

Markus Voegelin

Markus Voegelin joined Coutts in 2007. Before his appointment to Chief Operating Officer in July 2013 he was serving as Chief Financial Officer.  He has previously held various positions at Julius Baer, including Head of Group Controlling, COO Private Banking and Head of Finance Private Banking.

Markus started his professional career at UBS AG in 1991 and acted as a senior management consultant for several years. He holds an MSc degree in Finance and Economics and obtained his PhD in Banking from the University of Zurich in 1999.



Chief Financial Officer

Rémy Schimmel

Rémy Schimmel has been appointed Chief Financial Officer and member of the General Management Committee in August 2014, when he joined Coutts.

Prior to his appointment at Coutts, Rémy has been with the Corporate & Institutional Banking franchise of RBS. He has over a decade’s experience in working in financial and risk management as well as with the development and implementation of strategies. In his capacity today, Rémy manages all financial related aspects and ensures alignment of accounting principles and policies in line with local regulations across all branches of our international business. Rémy is a French national and is also fluent in English and Spanish.

Rémy is a Global Chartered Management Accountant (GCMA) and holds a Master degree in International Trade from the University of Lyon and a Master of Sciences (M-Sc) from HEC Business School in Montreal.



Chief of Staff

Dominique Bolli

Dominique Bolli joined the Bank in October 2011 as the Chief of Staff and was appointed to the General Management Committee on 1 October 2012.

Coming to us from UBS where he was Head of Business Support France International and having previously worked at ING and JP Morgan, he brings with him over 15 years of experience in the Private Banking sector. With his broad experience in both offense and defense roles, he is also responsible for the Bank’s Business Risk Management and Strategic Execution teams.



Chief Risk Officer

Paul Horner

Paul joined Coutts & Co Ltd in April 2012 and took up his current position in September 2012.

He has been with the RBS Group since 2003, most recently as Head of Risk for Countries and Whole Businesses in the Non Core Division, where he led the risk management for strategic repositioning and disposal of over thirty international RBS businesses. He previously worked as Chief Risk Officer seconded to ABN Amro, Europe & Middle East in Amsterdam, Chief Risk Officer, European Consumer Finance in Dusseldorf, and as a Senior Manager within the RBS Group Risk Function in London.

He began his banking career at Barclays, where he spent 15 years in various business-facing, operational and risk management roles. Paul holds a Masters degree from the University of Oxford.



Head of Business Risk Management and Cross border

John D. Anderson

John joined our organisation in 1998 and was reappointed to the General Management Committee in June 2015.

As Head of Business Risk Management & Cross Border, John leads and manages an experienced team ensuring a sound risk management and control framework for the business. He is accountable for the consistent delivery of high quality wealth management services within an effective risk management framework.

Prior to this role he held various senior positions, such as Head of Products, Services & Marketing, Head of Portfolio Management and Head of Transaction Services. He was also the Business Manager for Treasury and Investment Services. John gained risk experience during his time as a Regulatory Risk Manager where he developed the risk oversight and advice regime for Treasury and Investment Services. Before joining Coutts, he worked for the Royal Bank of Canada as a Portfolio Manager.

John holds the Certified Investment Manager and Chartered Financial Analyst designations in addition to a Bachelor of Arts degree majoring in Economics from Carleton University.



General Counsel and Company Secretary

Simon A. Trippel

Simon A. Trippel was appointed to the General Management Committee in June 2015.

Simon A. Trippel is the General Counsel and Company Secretary of Coutts & Co Ltd. He joined Coutts in 2000 and has supported the business transformation since then.

Prior to joining Coutts, Simon was Counsel to Julius Bär and to Zurich Cantonal Bank. In addition, he has experience from private practice in Zurich and New York and from his clerkships at Swiss courts. He is specialised in legal and regulatory matters in an international banking and wealth management context.

Simon is Swiss and fluent in German and English. He graduated from law school, obtained a PhD in jurisprudence, is admitted to the bar and is a member of various industry associations and working groups.

The Board of Coutts & Co Ltd is the prinicipal decision-making forum for the company.  It has overall responsibility for leading and controlling the company and is accountable to shareholders for financial and operational performance.



The Earl of Home CVO CBE

Lord David Douglas-Home was appointed Chairman of Coutts & Co in June 1999, and became Chairman of Coutts Bank (Switzerland) in March 2000. 



Deputy Chairman

Ursula Suter

Ursula joined the Board in July 2012 and was appointed to Deputy Chairman in May 2014.

She was General Counsel to the Wealth Management & Business Banking Division at UBS AG responsible for the Legal Departments in Switzerland, Europe and Asia from 2002-2009. Prior to that, she was Senior Legal Counsel for Private Banking, Wealth Management, Corporate Banking and Capital Markets.

Ursula Suter holds a law degree from the University of Berne. She was admitted to the bar in 1979. Since 1992, Ursula Suter is a Judge at the Commercial Court of the Canton of Zurich. She is a member of the Board of Directors of various companies.




Roland Plan

Roland Plan joined the Board in March 2012. He is Country Executive and Head of Markets and International Banking Switzerland for RBS.

Prior to this role, Roland was Head of Investment Grade Corporate Bond Origination, Western Europe for RBS based in London. He has more than 20 years experience in the international debt capital markets covering origination, sales and syndicate as well as syndicated loans and private placements.

Roland worked for Deutsche Bank in Frankfurt, Tokyo and Singapore before joining ABN AMRO in Singapore in 1997 as Regional Asia Head of Syndicate and Origination. In 2000, he moved to London to cover corporates in the German speaking countries. Roland holds an economics degree from the Katholieke Universitet Leuven, an MBA from the Université Catholique de Louvain-la-Neuve, speaks six languages and is the author of the book External Debt Rescheduling.




Sita Mazumder

Sita became a Board member in 2012. Currently, she is a Professor of Banking and Finance at the Institute for Financial Services Zug IFZ.

She gained her PhD in Banking and Finance in 2001 from the Swiss Banking Institute, University of Zurich. A year later, her doctoral thesis received the university’s annual research award. Sita’s academic studies have taken her to recognised institutions around the world. In 2011, Sita was elected as a member of the prestigious International Visitor Leadership Programme by the US Department of State.

As a Professor of Banking and Finance, she lectures at various institutions in and outside Switzerland. She has also worked for a wide range of businesses and organisations including the Swiss Financial Market Supervisory Authority. She is on the Advisory Board and the Board of Directors of various companies, among them the Ombudscom foundation, and is also writer and columnist for various media.