People Moves
Nine Client Advisors Leave ABN Amro London, ING to Beef Up London Wealth Management

The upheaval at ABN Amro’s private client business in London is continuing with four client advisors being made redundant and five resigning to join ING. ABN Amro has confirmed the four redundancies as being Trevor Forbes, John Matthews, Ratna Kakkar and Ian Bates. Going to the London operation of ING in the next few months are Syed Bashir Ahmad, who was head of the private client business at ABN Amro in London, Imran Noon, Iain Lovie, Vijay Acharya and Keeley Horwood. ING is understood to be planning to scale up its private client operations in London. The moves are thought to leave ABN Amro with only a handful of private client advisors in London, according to sources. Last year Craig Franklin head of the Dutch bank’s Jersey private banking business resigned along with Mark Henney, the head of the UK business and Sarah Beirne, HR director. Richard Nunneley, Michael Betesh and David Agie de Selsaeten also left ABN Amro last year.