Coutts hires again from UBS – Armando Rosselli joins as Head of Tax & Wealth Structuring International

Coutts has announced the appointment of Armando Rosselli as Executive Director, Head of Tax & Wealth Structuring (TWS) International, effective 2 July 2012. Mr Rosselli will be London-based and will report to Steve Griffiths, Managing Director and Head of Tax & Wealth Structuring, who joined Coutts to manage the team last month.

In this newly-created role, Mr Rosselli will be responsible for the leadership and development of the TWS International teams focusing on markets including Asia, Russia and the Middle East. He will also lead on enhancing the products and solutions suite, reviewing how these services are delivered to international clients.

Mr Rosselli has over 15 years’ experience in private banking and as a senior executive in wealth planning and structuring for international clients. He joins Coutts from Credit Suisse, where, most recently, he was Head of Wealth Planning. Prior to this, Mr Rosselli held a number of wealth planning roles at UBS, both in Switzerland and the UK, including Deputy Head of UK Wealth Planning.

Steve Griffiths, Managing Director, Head of Tax & Wealth Structuring, said: “Tax & Wealth Structuring is a key area of development for Coutts, especially as our clients’ requirements in tax, fiduciary & estate planning become increasingly important in international markets. Armando’s appointment is a milestone in building the TWS global strategy and he will work very closely with me in developing and executing this.

“This further demonstrates our continued growth plans and complements the recent hires in the Products & Services team, both in the UK and Asia. Providing our clients with exceptional wealth management that meet their evolving needs is a key driver in our strategy for growth.”