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  1. Wealth
November 10, 2011

Coutts announces new CFO

By Spear's

Coutts is pleased to announce the appointment of Jennifer Mathias as its new Chief Financial Officer. Ms Mathias joins from Lloyds Banking Group where she was Finance Director of the Corporate Banking Division

London – Coutts is pleased to announce the appointment of Jennifer Mathias as its new Chief Financial Officer. Ms Mathias joins from Lloyds Banking Group where she was Finance Director of the Corporate Banking Division. At Coutts, Ms Mathias will report to Fiona Davis, Finance Director for Retail, Wealth and Ulster within the Royal Bank of Scotland Group and to Rory Tapner, Chief Executive of Coutts. She will be a member of Coutts Executive Committee.

At Lloyds, Ms Mathias has held a number of senior management roles and has worked with the Board level team of the Lloyds TSB Group, the Commercial Banking Executive and been a member of the Corporate Banking and Wholesale Finance Executive Committees. In addition to her most recent position as Finance Director of Corporate Banking, Ms Mathias spent three years as Head of Credit Risk & Compliance for the Commercial Banking division of Lloyds TSB. She started her career on the Lloyds TSB Finance graduate scheme following graduation from Kingston University in 1995.

Rory Tapner said: “We are delighted to have appointed someone of Jennifer’s calibre and experience to Coutts. This is a key role in our business particularly as we look to grow our international footprint over the next few years. I am confident that Jennifer will build a centre of excellence within the finance teams at Coutts and will work closely with colleagues at RBS Group Finance to ensure consistency and alignment within the function.”

Ms Mathias is expected to take up her new position in the first quarter of 2012.

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