Duncalf, who has 30 years of experience, was head of the Manchester office of Coutts. She worked for the bank for nine years and was a senior member of its wealth management team. Prior to that she worked for Arbuthnot Latham and Barclays Wealth.
She brings a depth of local expertise, having grown up in the region and worked with some of Manchester’s most successful entrepreneurs.
“I left Coutts to join Weatherbys in pursuit of a more entrepreneurial environment,” she said. “I felt it was somewhere I could have greater influence and impact – not only in leading my team but also in delivering a more thoughtful, flexible and client-centric approach that aligns closely with my values and the expectations of the individuals and families I work with.”
Duncalf is a Chartered Fellow of the Chartered Institute for Securities & Investment (CISI). She is a director of the Manchester Camarata Orchestra and was for many years a trustee of FareShare Greater Manchester, which redistrubes in-date surplus food.
She is the fifth new banker to join Weatherbys this year and the second in Manchester as the bank targets a doubling in size in the next five years.
Weatherbys Head of Private Clients Oliver Barnett said: “Michelle is a great hire for us. She is well known and respected in the region and adds significant impetus to our ambition to be the obvious first choice for those in the North-West wanting the benefits of truly personal private banking.”
Rory Tapner is a veteran of 30 years in the banking industry. He served as CEO of Coutts & Co. from 2010 to 2015, following five years as Chair and CEO, Asia Pacific at UBS. His earlier career at UBS (formerly SG Warburg) included senior roles such as Global Head of Investment Banking and Global Head of Equity Capital Markets.
Alongside his executive career, Rory has built a strong non-executive portfolio, currently serving as Chair of SPS Technology since 2019. Previous roles include Chair of Quintet Private Bank (2020-2025), Chair of Brown Shipley (2019-2020) and Chair of the Coutts Foundation (2014-2016).
Weatherbys CEO Quentin Marshall said: “Rory has enormous breadth of leadership experience and industry insight and is widely respected. He is a valuable addition to the Board at a time when we are growing strongly and constantly looking to enhance our offering to clients.”
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