Roger, who was appointed CEO in 2000, will take over from current Chairman David Bellamy. David will step down in March 2024 after six years in the role.
Quentin Marshall, the current Managing Director of Weatherbys Bank, will take over as CEO of Weatherbys Banking Group from September 2023.
Founded in 1770, Weatherbys is a seventh-generation, family-owned business. The group includes Weatherbys Private Bank, Weatherbys Racing Bank, Arkle Finance Ltd and insurance broker Weatherbys Hamilton.
David Bellamy said: “Roger has worked for the group for nearly three decades and has been CEO of the Weatherbys Banking Group since 2000. In that time the business has gone from strength to strength whilst maintaining the Weatherbys family values and personal touch”.
Roger Weatherby said: “It has been a privilege to have led the Bank as Chief Executive for more than 23 years but now is the right time to put our long-term succession plans in place. I am delighted to announce Quentin Marshall as my successor. Quentin has a rare combination of deep private banking expertise and a thorough understanding of what our clients want and deserve, namely exceptional personal service”.
“My involvement with the group remains and I am excited to be taking on a new role as Chairman. I would like to thank everyone, past and present for helping us grow into the business we are today. We have evolved into a 21st-century bank by keeping our 253-year Weatherby values firmly intact.
“In particular, I would like to thank David for his exceptional guidance as Chairman over the past very busy and successful six years.” As well as Roger as the new Chairman from next year, the Board has appointed, subject to regulatory approval, an additional NED in Mark Batten who will take over the chair of the Audit Committee & who will also be the Senior Independent Director. Mark is a former senior partner of PwC.