Since joining Nedbank Private Wealth, the business has significantly invested in technology, digital client experience and data. Today he has overall responsibility for managing the company’s UK and international Wealth operations across all its office locations outside of South Africa.
During his career, Stuart has undertaken senior roles in Cazenove Capital, C. Hoare & Co. and Barclays Wealth. His focus has been on developing high-net-worth relationship and advice businesses across wealth management, private banking and corporate banking. He is also a Chartered Wealth Manager, Fellow of the Chartered Institute for Securities & Investment, and a Fellow of the Chartered Institute of Bankers.
Stuart Cummins, Chief Executive Officer, Nedbank Private Wealth said: “I am delighted to be joining the PIMFA Board.
PIMFA has a critical role to play, especially at this time of rapid and far-reaching change across the political and economic landscape. I look forward to working with the existing Board members and the PIMFA team, to develop an environment where firms and their clients can thrive”.
Liz Field, PIMFA’s Chief Executive said “I am delighted to welcome Stuart to our board of Directors and look forward to working with him to continue to represent this vital industry.
Building a robust, innovative and flourishing industry is at the heart of all we do as well as continuing to drive impactful change for our firms and clients, and Stuart’s expertise and experience will be invaluable in achieving this goal.”
ENDS
NOTES TO EDITORS
About PIMFA
• PIMFA (the Personal Investment Management & Financial Advice Association) is the trade association for firms that provide wealth management, investment services and the investment and financial advice to everyone from individuals and families to charities, pension funds, trusts and companies.
• The sector currently looks after £1.65 trillion in private savings and investments and employs over 63,000 people.
• PIMFA represents both full and associate member firms. Full members provide a range of financial solutions including financial advice, portfolio management, as well as investment and execution services. They assist everyone from individuals and families to charities and pension funds, all the way to trusts and companies. Associate members provide professional services to the PIMFA community.
• PIMFA leads the debate on policy and regulatory recommendations to ensure that the UK remains a global centre of excellence in the wealth management, investment advice and financial planning arena. Our mission is to create an optimal operating environment so that its member firms can focus on delivering the best service to clients, providing responsible stewardship for their long-term savings and investments.
• PIMFA was created in 2017 as the outcome of a merger between the Association of Professional Financial Advisers (APFA) and the Wealth Management Association (WMA) with a history as a trade association since 1991 – read more.
• Further information can be found at pimfa.co.uk
Contact
For further information on this release or other press matters please contact:
Sheena Gillett, PIMFA Communications & PR Director – sheenag@pimfa.co.uk, +44 (0)20 7011 9869 / +44 (0)7979 493225