Peter Flavel, Coutts Bank

In episode 5 Andrew talks to Peter Flavel, the CEO of iconic private bank Coutts, about reimagining its role in an era of rising inequality.

“Most people think this echelon of people don’t care. But they do care, they care a lot, and we need them to care because the amount of capital they control is important.”

Peter has more than 35 years’ of experience in international financial services. Before joining Coutts, he was the CEO of JP Morgan Private Wealth Management in Asia Pacific. He also spent nine years with Standard Chartered in Asia founding their global private bank in 2006.

Since joining Coutts in 2016, Peter has led a significant transformation at the bank, with a new focus on modernisation and responsible investments. Under Peter’s leadership Coutts became the first UK private bank to become a B Corp.

Andrew talks to Peter about modernising one of the oldest banks in the world, and his plans to build a bank that better reflects society.

This episode was recorded in February 2023.

Featuring:

Dr Andrew White, Senior Fellow of Management Practice, Saïd Business School, University of Oxford.

Peter Flavel, CEO, Coutts

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