{"id":53570,"date":"2026-06-01T12:16:11","date_gmt":"2026-06-01T12:16:11","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/53570\/"},"modified":"2026-06-01T12:16:11","modified_gmt":"2026-06-01T12:16:11","slug":"evelyn-partners-ceo-geddes-to-step-down-after-natwest-acquisition","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/53570\/","title":{"rendered":"Evelyn Partners CEO Geddes to step down after NatWest acquisition"},"content":{"rendered":"<p>Evelyn Partners\u2019 CEO Paul Geddes will step down from his role after a three-year tenure, it has been confirmed today (1 June), following NatWest\u2019s acquisition of the firm which is expected to complete this summer.<\/p>\n<p>Elsewhere, Evelyn Partners\u2019 CFO Alex Gersh will also step down from his role. Chris Kenny, current chief investment management officer at the firm, will become the CEO of Evelyn Partners. Din Mustaffa, deputy CFO of Evelyn Partners, will become the CFO.<\/p>\n<p>Incoming CEO Kenny will report to Emma Crystal, CEO of NatWest\u2019s Private Banking and Wealth Management division.<\/p>\n<p>NatWest\u2019s acquisition of Evelyn Partners was announced in <a href=\"https:\/\/portfolio-adviser.com\/natwest-buys-evelyn-partners-for-2-7bn-sweetens-market-with-750m-share-buybacks\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">February this year<\/a>, with the firm having been purchased for \u00a32.7bn while launching a \u00a3750m share buyback scheme.<\/p>\n<p>Outgoing CEO Geddes said: \u201cAs we work towards completion of this major transaction, plans are well underway to bring our organisation together with NatWest PBWM to create the UK\u2019s leading private banking and wealth management business.<\/p>\n<p>\u201cI would like to congratulate both Chris and Din on their prospective new roles. Chris\u2019s extensive industry experience, long tenure at the firm and his client-focus make him the right leader for the business as it enters the next phase of integration and growth.\u201d<\/p>\n<p>He added: \u201cIt has been an absolute privilege to lead Evelyn Partners over the past three years, and I know I am leaving the business in excellent hands where it will be well positioned to seize the significant opportunities ahead.\u201d<\/p>\n<p>See also: <a href=\"https:\/\/portfolio-adviser.com\/aberdeens-kaloo-steps-down-as-herman-bots-takes-over-as-global-head-of-equities\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Aberdeen\u2019s Kaloo steps down as Bots takes over as global head of equities<\/a><\/p>\n<p>Kenny said he is \u201cincredibly proud to be taking on the role of CEO of Evelyn Partners at such an important moment for the firm\u201d.<\/p>\n<p>\u201cHaving spent nearly 29 years here \u2013 both at Evelyn Partners and previously at Smith &amp; Williamson \u2013 this is a business I care deeply about, along with the clients we serve and the people who make it what it is.\u00a0<\/p>\n<p>\u201cBecoming part of NatWest gives us the opportunity to build something truly distinctive in the UK market, bringing together Evelyn Partners\u2019 strengths in investment management and financial planning with NatWest\u2019s scale, heritage, and private banking capabilities.\u201d<\/p>\n<p>Chris Grigg, chair of Evelyn Partners, thanked Geddes and Gersh for their \u201coutstanding service to the business\u201d, which he said has \u201cculminated in this landmark transaction in the UK wealth management sector\u201d.<\/p>\n<p>\u201cI wish Paul and Alex every success for the future and congratulate Chris and Din on their new roles.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Evelyn Partners\u2019 CEO Paul Geddes will step down from his role after a three-year tenure, it has been&hellip;\n","protected":false},"author":2,"featured_media":53571,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21386],"tags":[215,26433,26434,26435,26436,26437,26438,22616,15641,7955,26439,23553,26440],"class_list":["post-53570","post","type-post","status-publish","format-standard","has-post-thumbnail","category-natwest","tag-acquisition","tag-alex-gersh","tag-ceo-move","tag-chris-grigg","tag-chris-kenny","tag-din-mustaffa","tag-emma-crystal","tag-evelyn-partners","tag-ma","tag-natwest","tag-natwest-private-bank-and-wealth-management","tag-paul-geddes","tag-people-move"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116674807894134217","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/53570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=53570"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/53570\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/53571"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=53570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=53570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=53570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}