Michael Morley (banker)
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Michael John Morley (born 18 May 1957) is a British banker who succeeded Sarah Deaves as the Chief Executive Officer of
Coutts & Co Coutts & Co. is a London-headquartered private bank and wealth manager. Founded in 1692, it is the eighth oldest bank in the world. Today, Coutts forms part of NatWest Group's wealth management division. In the Channel Islands and the Isle of ...
, the UK Private Bank, from May 2009 until March 2016.


Early life and education

Morley was educated at Merchant Taylors' School in
Northwood, London Northwood is an affluent area in northwest London, England. It is located within the London Borough of Hillingdon on the border with Hertfordshire and from Charing Cross. Northwood was part of the ancient parish of Ruislip, Middlesex and has f ...
followed by
Cambridge University , mottoeng = Literal: From here, light and sacred draughts. Non literal: From this place, we gain enlightenment and precious knowledge. , established = , other_name = The Chancellor, Masters and Schola ...
where he studied Modern and Medieval Languages at
Christ's College, Cambridge Christ's College is a constituent college of the University of Cambridge. The college includes the Master, the Fellows of the College, and about 450 undergraduate and 170 graduate students. The college was founded by William Byngham in 1437 as ...
.


Career

Morley's first senior management position was as CEO of Barclays Bank (Suisse) SA in
Geneva Geneva ( ; french: Genève ) frp, Genèva ; german: link=no, Genf ; it, Ginevra ; rm, Genevra is the List of cities in Switzerland, second-most populous city in Switzerland (after Zürich) and the most populous city of Romandy, the French-speaki ...
from 2002-2007. He had spent the previous 8 years at
Merrill Lynch Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment bank ...
in London where he was Head of the UK Private Client business and MD of the Ultra High Net Worth business in Europe, Middle East and Africa. He spent a year as MD of Singer and Friedlander Asset Investment Management before being appointed as CEO of Coutts in May 2009. The position of CEO, originally MD, of Coutts & Co - which traces its history back to 1692, was originally created for Sir David Money-Coutts who held the post from 1970-1986. Previous holders of the position have been: Julian Robarts (1986-1991); Ian Farnsworth (1992-1995); Hershel Post (1995-2000); Andrew Fisher (2000-2002); Gordon Pell (2002-2005); and Sarah Deaves (2005-2009). In 2009 he joined the Board of Adam & Company, a private bank headquartered in
Edinburgh Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian ...
, Scotland and in 2010 he was appointed as Chairman of the Royal Bank of Scotland International business, headquartered in Jersey. In 2014 he was appointed to the Board of Walpole British Luxury, a community dedicated to the promotion and development of British Luxury brands around the world. In 2014 at the Sanya Forum in Huinan, China he was appointed to the China Advisory Council of the Judge Business School, University of Cambridge. In 2015 he was appointed to the Board of the Wealth Management Association which represents the investment community in the UK. He is an international fellow of the Duke of Edinburgh's Award and a Trustee and Director of the Forces in Mind Trust, a charity dedicated to enabling ex-service personnel and their families to lead successful civilian lives.


Personal life

Morley and his wife Conchita met whilst working in Geneva in the 1980s whilst they were both working at Lloyds Bank International. They have two sons.


References

{{DEFAULTSORT:Morley, Michael British bankers Living people 1957 births Alumni of Christ's College, Cambridge