Stuart Haire was previously CEO for HSBC’s personal and private banking. This included responsibility for HSBC UK, First Direct, M&S Bank and John Lewis Financial Services.

Mr Haire, who holds a First-Class Degree from the University of Glasgow in Physics and Electronic Engineering and worked for a short time at the European Space Agency, said the appointment was a “huge privilege”.

“…I look forward to working with all the teams to write the next chapter for the Skipton Group,” he added.

Jim Coupe, Managing Director at Skipton International, commented: “I am delighted to welcome Stuart as the new Group CEO, and look forward to his first visit to our island shores very soon.”