Directors

Clive Bannister

Rathbones Group Plc - Chair
Clive Bannister
Rathbones Group Plc - Chair

Clive was appointed as chair on 12 January 2021.

He started his career as a banker at First National Bank of Boston in 1981 in Boston and London, and in 1984, he joined Booz Allen & Hamilton as an associate and became a partner in the financial consulting practice in 1990.

In 1994, Clive joined HSBC Investment Bank as Director and Head of Planning and Strategy in London with a remit to help with the integration of part of James Capel. He moved to New York in 1996 to be the deputy CEO of HSBC Inc and Head of Investment Banking in the US. In 1999, he was appointed Chief Executive of HSBC Group Private Banking and subsequently became Group General Manager in July 2001, and Group Managing Director in 2006 on the Executive Committee, of Group Insurance and Asset Management at HSBC Holdings Plc. In 2011, Clive was recruited as group CEO of the Phoenix Group, the UK’s largest life and pensions consolidator. During his time at Phoenix Group, a series of successful acquisitions were made, including AXA Wealth, Sun Life, Standard Life Assurance and the acquisition of ReAssurance from Swiss Re.  Clive is currently a chairman of the Museum of London.

Paul Stockton

Rathbones Group Plc - Group Chief Executive Officer
Paul Stockton
Rathbones Group Plc - Group Chief Executive Officer

Paul was appointed chief executive in May 2019, having served as managing director of Rathbone Investment Management from May 2018. He was previously group finance director from 2008 to April 2019.

Paul qualified as a chartered accountant with PriceWaterhouse in 1992, subsequently taking up a position in New York before returning to London in 1996. In 1999 he joined Old Mutual Plc as group financial controller, becoming director of finance of Gerrard Limited in 2001. In 2005, two years after the sale of Gerrard, he left to work initially for Euroclear and, subsequently, as a divisional finance director of the Phoenix Group. He was formerly a non-executive director of the Financial Services Compensation Scheme.

Jennifer Mathias

Rathbones Group Plc - Group Chief Financial Officer
Jennifer Mathias
Rathbones Group Plc - Group Chief Financial Officer

Jennifer was appointed to the board on 1 April 2019.

Jennifer began her career on the Lloyds TSB Finance graduate scheme following her graduation in 1995 and qualified as a chartered management accountant in 1999.  At Lloyds, Jennifer held a number of senior management roles and worked closely with the board-level team of the Lloyds TSB Group, and was a member of the Corporate Banking and Wholesale Finance Executive Committees. In addition to her position as a finance director of Corporate Banking, Jennifer spent three years as head of Credit Risk & Compliance for the Commercial Banking division of Lloyds TSB. In 2012, she joined Coutts as the global chief finance officer, and in 2015, she moved to EFG Private Bank (UK), where she was chief finance officer and deputy chief executive officer.

Sarah Gentleman

Rathbones Group Plc - Senior independent director (subject to regulatory approval)
Sarah Gentleman
Rathbones Group Plc - Senior independent director (subject to regulatory approval)

Sarah was appointed as a non-executive director in 2015 and chair of the Remuneration Committee in June 2017. She was appointed as a designated non-executive director for our workforce engagement in 2019 along with Colin Clark.

She started her career as a consultant at McKinsey & Company and then worked for several years in the telecoms and digital sectors, latterly as chief financial officer of the LCR Telecom Group. In 1999, she joined the internet bank Egg, the internet banking subsidiary of Prudential, where she was responsible for business development and strategy. In 2005, she joined Sanford C. Bernstein & Co, the institutional research and trading arm of Alliance Bernstein, as a banking analyst covering the European banking sector. Sarah is an adviser to early-stage technology companies, and non-executive director of Engine B Ltd.

Terri Duhon

Rathbones Group Plc - Non-executive director
Terri Duhon
Rathbones Group Plc - Non-executive director

Terri was appointed as a non-executive director in July 2018 and is chair of the risk committee.

Terri graduated with a Maths degree from Massachusetts Institute of Technology (MIT). She is currently a non-executive director on the board of Morgan Stanley International where she chairs the risk committee and is also chair of Morgan Stanley Investment Management Limited. Terri is also a non-executive director Hanover Investors Ltd and, an Associate Fellow at The Saïd Business School at Oxford University and on the MIT Corporation Visiting Committee. Previously, Terri sat on the boards of CHAPS Co and UK Operation Smile and was a founding member of the Women’s Leadership Group for the Prince’s Trust. As an executive, Terri held a number of senior roles at JP Morgan and ABN AMRO before setting up her own consultancy firm.

Ali Johnson

Company secretary
Ali Johnson
Company secretary

Ali joined Rathbones in April 2016 and was appointed company secretary in May 2016. Prior to joining Rathbones, Ali spent nine years as director of company secretarial services at Signet Jewelers having responsibilities for a wide variety of areas and functions during this time. Ali graduated in Law and is a Fellow of Institute of Chartered Secretaries and Administrators. 

Dharmash Mistry

Rathbones Group Plc – Non-executive director
Dharmash Mistry
Dharmash Mistry
Rathbones Group Plc – Non-executive director

Dharmash was appointed as non-executive director on 5 October 2021. 

He is currently a board member of The British Business Bank, Halma plc, BBC Commercial Holdings, Blow Ltd and The Premier League. 

Dharmash started his career with Procter & Gamble on their graduate programme and then went on to become a brand manager, followed by a period with Boston Consulting Group.  He spent eight years in the media as Group Managing Director of EMAP Consumer Media and EMAP Performance.

Dharmash is an experienced technology venture capitalist, entrepreneur and non-executive director. He was formerly a Partner at Balderton & Lakestar, leading investments including Revolut, Glovo, Infarm, Blockchain.com & Lovefilm amongst others.  Prior to this he was Group MD of Emap Consumer Media, where he co-led the delisting of Emap PLC from the FTSE 100. His prior board NED positions include: BBC Executive Board, Hargreaves Lansdown PLC & Dixons Retail PLC.

Iain Cummings

Rathbones Group Plc – Non-executive director
Iain Cummings
Iain Cummings
Rathbones Group Plc – Non-executive director

Iain was appointed as non-executive director on 5 October 2021. 

Iain is a Fellow of the Institute of Chartered Accountants in England and Wales with over 35 years of experience working in the financial sector.

He was a partner at KPMG for over 24 years working with banks and other major financial services firms in both audit and advisory roles including three years leading KPMG’s banking audit practice.  His audit roles included large firms in the investment banking sector and listed firms in the wealth, asset management and insurance sectors while his advisory engagements focused on aspects of risk, regulation and internal audit.

He also served for a number of years as Chairman if the ICAEW Financial Services Faculty’s Risk and Regulation Committee and as a member of the ICAEW’s Technical Strategy Board.