David McFadzean will be responsible for spearheading business development across the company’s jurisdictions in the UK, Jersey, Isle of Man and Dubai and growing the bank’s high-net-worth client base.

Meanwhile Andrew Halsall has become Head of private banking in the Isle of Man.

Stuart Cummins, Chief Executive of Nedbank Private Wealth, said: “These are exciting new roles for David and Andrew. The moves form part of a recent restructure designed to enhance our client offering across the organisation.

“David will be responsible for all our client-facing teams and our investment and wealth planning specialists. I know David’s track record of successful leadership and business growth across multiple geographies will be invaluable in this role.”