Ewart assumes overall responsibility for Products & Services with immediate effect, in addition to his existing responsibilities for Marketing.
Ewart replaces Byron Coombs, previous Head of Products & Services, following his decision to retire from full-time management.
Rory Tapner said: 'Ian’s appointment is key in supporting our strategy to grow our reputation for investment expertise and to place investments at the heart of what we do. As an Executive Committee member responsible for delivering our strategic marketing initiatives, Ian has a thorough appreciation and understanding of our clients’ needs. I am confident that Ian will drive early benefits for our clients in all our geographies'.
Under Ewart’s leadership, the Products & Services division is being restructured to focus on four distinct activities which will best serve its clients: Investment Office / Banking, Treasury, Credit & Dealing / Tax & Wealth Structuring / Coutts Institute.
As part of this realignment, Gayle Schumacher has been appointed Head of the Investment Office. Mrs Schumacher will lead on all matters related to the management of clients’ money. She will also retain responsibility for the delivery of the Coutts investment process and the critical function of asset allocation. Her rigour and profound understanding of asset allocation decision making will be fundamental in supporting the Coutts investment culture. Further details on the Investment Office will be announced shortly.
Simon Ridgers and Mark Evans will continue to manage Banking, Credit & Dealing and Coutts Institute, respectively. A Head of Tax & Wealth Structuring will be communicated in due course.