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Investec Bank has promoted its Head of Trust and Corporate to the Chief Operating Officer.
Nick Leale has held a number of senior roles within the bank over the past 20 years.
"Nick has considerable knowledge and experience of the finance sector," Investec's Chief Executive Brendan Stewart said.
"Over the last 20 years he has been part of the core team that has helped Investec grow and become a leader in offshore Private Banking within its offshore target markets and is well positioned to help steer the organisation as we meet new challenges and opportunities."
Mr Leale added: "This is an exciting time for the bank and the finance sector as a whole and I am looking forward to ensuring we continue to operate a resilient operating platform that provides an exceptional experience to our clients and to deliver on our growth strategy."
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