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New appointments in Jersey office

1 October 2008

NEW APPOINTMENTS AT FAIRBAIRN PRIVATE BANK

Fairbairn Private Bank in Jersey has appointed two new private bankers, Julia Warrander and James Martin-Davis.   These two latest appointments reflect the company's continued growth and expansion.

Julia has joined the company as a private banker and brings with her eleven years experience in investment banking: having held positions at Citibank, Deutsche Bank and Goldman Sachs.  Most recently, she was self-employed as an independent marketing and business strategy consultant.

James Martin-Davis has also joined as a private banker, with six years investment experience. He started out with HSBC in Jersey in 2001 and gained the Financial Planning Certificate (FPC) in the same year.  Commenting on his new position, James said, "I was very determined that I wanted to work for a company that holds its clients in high regard a 'client is king' attitude.  I realised very quickly during my job search that Fairbairn Private Bank was a company who did just that.  Having just completed my first couple of months, I can honestly say that this first impression was accurate and I am, frankly, extremely impressed."

David Stearn, head of private banking at Fairbairn Private Bank, commented, "The bank is undergoing a number of exciting developments, the most recent being the opening of our London office.  Despite the numerous challenges faced in the market, our growth remains strong and we are naturally delighted that James and Julia are joining our team.  I have no doubt that James' and Julia's investment experience will play an integral part in our continuing success."

Ends

For further information:

David Stearn                                                                                Tel: +44 (0)1534 823204

[Greg Horton] Janet Taylor or Lesley Allegro                              Tel: +44 (0)1624 645000

Issued by:

Kara Hughes-Jones, Isle of Man Advertising and PR Ltd            Tel: +44 (0)1624 620440

Photographs available.

Notes to editor:

Fairbairn Private Bank operates a comprehensive private and personal banking operation on behalf of a wide range of clients. These include private individuals, small and large companies, trusts, governments and institutional investors. A full range of banking, investment, trust and corporate services can be accessed through its offices in the Isle of Man, Jersey and its representative office in South Africa.

Fairbairn Private Bank is a member of the Old Mutual Group.

When referring to Fairbairn Private Bank - please ensure that the company name is printed in full and not abbreviated.