Investec Trust Appoints New Managing Director

by Philip Morton, Investors Offshore.com

14 December 2006

Investec Trust in Jersey announced this week that it has appointed Mike Spittal as its new managing director. He will also represent the Jersey business on the Investec Trust group board, taking a key role in the future direction of the broader trust business.

According to Investec, Mr Spittal is a qualified lawyer, having practiced for 12 years in his native South Africa, prior to moving to Jersey, where he has lived and worked in the finance industry for five years.

Investec Trust’s chief executive officer, Robert Clifford observed that the new appointment demonstrates a clear strategy of continuing to invest in the Jersey trust business, following last year’s acquisition of Quorum, which has now been fully integrated into Investec Trust (Jersey).

Investec Trust is a division of Investec Private Bank (UK), part of the Investec Group.

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