Macquarie Wrap appoints BDM for North of England and Scotland

11 January 2010

London – Macquarie Wrap today announced that it has appointed Andrew Naylor as Business Development Manager responsible for the North of England and Scotland, further extending Macquarie’s engagement with the financial planning community.

With over 20 years’ retail financial services experience, Andrew held various managerial positions within the Aviva Group prior to joining Macquarie. His roles have included sales management as well as specialist positions in pensions, investment, and wrap development.

More recently Andrew was responsible for managing relationships on behalf of Aviva with other financial institutions and advising on the embedding of TCF into business practice as well as engagement on the impact of the RDR on existing business models.

John Porteous, Head of Distribution, Macquarie Banking and Financial Services said, “We are delighted to welcome Andy to the Macquarie team. He brings with him extensive industry experience and an excellent insight into the needs and requirements of planning firms. His appointment is a positive step in enabling Macquarie to further support planners across this important region”.

About Macquarie Banking and Financial Services Group
The Macquarie Banking and Financial Services Group is the primary relationship manager for Macquarie Group’s (Macquarie) retail client base, providing a diverse range of products and services to personal investors, financial planners and other professional service providers.  Amongst the services provided by Macquarie is one of the most successful Wrap Account offerings in Australia, which serves over 70,000 clients on behalf of over 2,500 financial planners. Macquarie rolled-out its Wrap Account to planners in the UK in March this year and is currently focussed on growing this platform and developing additional offerings in support of planners’ service to clients. The Macquarie Banking and Financial Services Group has approximately 3,000 employees with operations in Australia, New Zealand, Asia, North America, India as well as the UK and Europe.

About Macquarie
Macquarie is a global provider of banking, financial, advisory, investment and funds management services and acts on behalf of institutional, corporate and retail clients and counterparties around the world.

Macquarie Group Limited is listed in Australia and is regulated by APRA, the Australian banking regulator, as the owner of Macquarie Bank Limited, an authorised deposit taker. Macquarie also owns a bank in the UK, Macquarie Bank International, which is regulated by the FSA. Macquarie’s approach to risk management is long-standing.  Strong risk management practices are embedded in business unit management with central oversight of credit, market, funding, compliance and operational risk.  These, together with committed, quality staff, are key drivers of Macquarie’s success.   

Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries and employs approximately 12,800 people and has assets under management of more than £190 billion (as of 30 November, 2009). 

For further information, please contact:
Gavin Winbanks
Macquarie Group Public Relations
Tel: +44 203 037 5944
Mob: +44 7894 094 520