7 June 2007
Brewin Dolphin has appointed Graeme Summers as the head of its Investment Banking division. This new appointment covers responsibility for the group’s research, sales, trading, corporate broking and corporate finance operations. Mr. Summers has also joined the Board of Brewin Dolphin Securities Ltd, the principal operating company of Brewin Dolphin Holdings PLC, the UK’s second largest private client operation.
Graeme Summers has worked at Brewin Dolphin for 15 years having qualified as a chartered accountant with Arthur Young in 1990. During his time with Brewin he has worked on a number of highly successful IPOs and mergers and acquisitions. Most recently, Graeme led the Brewin Dolphin team during the £220 million fund raising for £453m Eaga plc, which has its first day of dealings on the main market of the LSE today.
Jamie Matheson, Executive Chairman of Brewin Dolphin commented today,
“I am delighted that Graeme Summers has agreed to join the Board and head up our Investment Banking Division, following his considerable success with our Institutional Broking arm. Appointing Graeme shows that Brewin Dolphin is serious about expanding its business in this area and replicating the successful model that has been built up over time. This process has already begun, as was shown by a survey published this week by Hemscott which ranked Brewin Dolphin first by profitability of its AIM clients and second by number of clients*.”
Graeme Summers also commented,
“Our business has a team of high quality and committed individuals with a broad range of complementary skills. This appears to be translating into some great opportunities. In the future we will continue to look to grow the business albeit within the strict quality parameters that we set ourselves.”
*Acording to Hemscott Rankings Guide (Adobe Acrobat PDF document, size: 513KB)
For Further Information:
Brewin Dolphin (0845 213 1000)
Charlotte Black
Graeme Summers
Citigate Dewe Rogerson (020 7638 9571)
George Cazenove
Notes to editors
Brewin Dolphin Securities Limited (“BDS”) is the principal operating company of Brewin Dolphin Holdings PLC which is listed on the London Stock Exchange. BDS is authorised and regulated by the Financial Services Authority and is a member of the London Stock Exchange.
BDS is the largest independent private client investment manager in the UK. The Group manages £21 billion of funds on behalf of more than 100,000 clients, and of this £10 billion is on a discretionary basis. BDS has 37 offices and is corporate adviser to around 140 small and medium sized quoted companies.
The Group provides complete investment management for private investors, charities and pension funds and trades as:
Brewin Dolphin in England, Wales and the Channel Islands
Bell Lawrie in Scotland and Northern Ireland
Hill Osborne in the East Midlands
Wise Speke in the North of England
Stocktrade is the BDS Execution-Only division. www.stocktrade.co.uk
Please see Media Centre section on www.brewin.co.uk for details and photos of all commentators and analysts throughout the BDS Group.