The Bank of London has announced the appointment of Norbert Becker as Chair of the European Union (EU) region for the firm.
Becker takes up the role at the British clearing, correspondent, and wholesale bank in addition to that as Chairman of The Administration des Biens du Grand-Duc, which oversees the Grand Duke of Luxembourg’s private assets, and Chairman of PayPal Europe, having been a board member since its incorporation as a fully licenced bank in 2007.
He also currently serves as a member of the management board of Edmond de Rothschild Eres Private Equity Funds, and Group Chairman at Lombard International Assurance.
Amongst his other accomplishments, he founded CBP Quilvest private bank which was acquired by Fideuram Bank Luxembourg.
Anthony Watson, Group Chief Executive & Founder of The Bank of London said, “Norbert is an inspiring strategic leader and I’m beyond delighted to have him join our firm in this critical role. Joining us at this pivotal point, Becker’s extensive knowledge of the Luxembourg and wider EU environment coupled with his over three decades of international experience will be invaluable for our growth.”
The Bank of London launched in November 2021 and in doing so became the UK’s sixth clearing bank. In 2022, it announced several new fintech partnerships, in addition to a new Belfast office and plans for a technology hub in Charlotte, North Carolina.
Speaking on his appointment Becker said, “The Bank of London is unique. Its products and services are game changing. I’m excited to be joining this transformative firm during the first year of its evolution, and I look forward to working closely with Anthony advising on geographic expansion and the business growth opportunities Luxembourg and the wider EU has to offer.”
Image from The Bank of London
