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Fairbairn Private Bank wins two star status in Best Companies award

6 February 2007

DOUBLE STAR TREATMENT FOR FAIRBAIRN PRIVATE BANK

For the second year running, Fairbairn Private Bank has been granted ‘Star Status’ in the Best Companies business accreditation system. Launched last year, Best Companies Accreditation has been established to acknowledge corporate excellence in the workplace. This elite accreditation takes the format of a Michelin style star system with company performance awarded one star for first class, two stars for outstanding and three stars for extraordinary.

Last year the bank was awarded a one star rating but this year went one better and became one of only 107 companies across the entire UK to receive the highly prestigious two star rating, reflecting outstanding workplace and workforce support and development. 

Greg Horton, Managing Director of Fairbairn Private Bank, who accepted the award from Jonathan Austin, Chief Executive Officer of Best Companies Limited, explained: “The accreditation focuses on workplace engagement and aims to show the level to which employees feel personally involved with their organisation. The eight key factors measured are wellbeing; personal growth; fair dealing; company leadership; employees’ feelings towards their managers, team and company; and what the company gives back to society. Using statistical normalisation techniques it compares companies of all sizes and sectors, right across the spectrum of UK corporate life.”

With offices in the Isle of Man and Jersey, Fairbairn Private Bank was the first offshore island based financial services organisation to be awarded star status and the only one to receive a prestigious two star rating for outstanding performance this year. The bank is in distinguished company and shares its two star rating with amongst others: O2, Amnesty International UK and innocent drinks.

Greg Horton commented: “It is particularly rewarding to receive this Best Companies Accreditation as it reflects the opinions and feelings of our employees. We appreciate the key role our staff play in our business success and are deeply committed to providing a genuinely high quality and enjoyable workplace environment.”

Ends

Editors’ Notes

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.

For Further Information:

Greg Horton or Janet Taylor                                                          Tel: 01624 645000

Issued By:

Lisa Creighton, Isle of Man Advertising & PR Ltd                          Tel: 01624 620440