New CEO for Investec

Wednesday 20 September 2023

Investec Bank (Channel Islands) Limited has appointed a New Chief Executive Officer with Jane Niles (pictured) taking up the position next month.

Having joined Investec in 2016, Ms Niles will replace Brendan Stewart as CEO on 1 October, subject to regulatory approval.

“I am hugely honoured to have been appointed to lead Investec in the Channel Islands and Isle of Man," she said.

"We have an outstanding team across our three jurisdictions, who are focused on delivering for our clients and communities, providing excellent client service, flexible solutions and being a true banking partner. It is an exciting time to be taking up this role as the bank continues its growth in its core client segments of Private Clients, Trust and Corporate Service Providers, Corporates and Family Offices.”

Ruth Leas, CEO of Investec Bank plc, said Ms Niles will bring her own passion for the business into the role. 

“We are very proud of our business in the Channel Islands and the Isle of Man, where we have been headquartered in Guernsey for 25 years, with a branch in Jersey and a representative office in the Isle of Man. As an existing and valued member of our local leadership team, Jane will bring knowledge as well as passion for the business to her new role. Jane’s experience of international and offshore markets and her strong working relationships with our Investec businesses in the UK and South Africa will be invaluable. We look forward to the continued success of our business in the Channel Islands and Isle of Man, as we work with our clients and local communities to create enduring worth.”

In thanking Mr Stewart for his commitment to Investec, Ms Niles said his five years as CEO coincided with big changes for the firm.

“Brendan has been at the helm of Investec in the Channel Islands and the Isle of Man for five of the most volatile years in recent history, including the pandemic and the subsequent shifting economic landscape. His stewardship has enabled us to weather those storms and continue to grow throughout. He has been a diligent and committed CEO, who leaves Investec’s Channel Islands business in a very strong position. We thank him for his service and wish him well as he embarks on a new career direction.”