Hampden & Co makes significant hire from C. Hoare & Co

Hampden & Co has hired a senior banker from rival private bank C. Hoare & Co, the oldest institution of its kind in the UK.

The Herald:

Allison McCowan, above, specialises in providing lending solutions to private clients - cited as a growth area - and will become banking director at Hampden & Co, described as the UK's first new private bank in 25 years at its 2015 launch.

Mark Prentice, head of banking for Hampden & Co in Scotland, said: "Many of our clients seek to borrow money in unusual circumstances, so having someone who has the creativity and experience in these situations means that we can step up our activity in this space."

Ms McCowan said: "Hampden & Co has built a reputation for first class delivery of banking services and I am excited to be joining the team as it enters its next phase of growth.

"A focus on pure personal service is increasingly hard to find in the market today and the fact that Hampden & Co is looking to reclaim what many private banks have lost attracted me to the position."

Hampden & Co, the only UK private bank headquartered in Scotland - in Edinburgh's Charlotte Square - and with a London office in Mayfair, was crowned Best UK Private Bank at last week’s Spear’s Wealth Management awards. London-based C. Hoare & Co, which was founded in 1672, is the oldest private bank in the UK.

Lingo24 expands consultancy capability

Translation services specialist Lingo24 has announced a senior hire to bolster its consultancy business.

The Herald:

Juan Gil Fernandez de Sanmamed, above, has been appointed as Lingo24’s new head of consulting, Europe, after previously working at recruitment software company talentfunl in Oxford, and in a consulting role at Sopra Steria.

He will support Lingo24's growing localisation strategy (LocStrat), involving detailed studies of target cultures.

Mr Gil Fernandez de Sanmamed said: “With such a strong value proposition as LocStrat and the wealth of localisation expertise within the team, I believe that we are in a great position to become trusted advisors to our clients for all things localisation, and I will thoroughly enjoy the challenge of making that happen.”

The firm, which said in September it is on track to turn over £10 million for the first time, uses artificial intelligence that allows companies to present website content in foreign languages, aiding overseas trade.

Christian Arno, Lingo24 founder and president, said: “We have been looking for someone of Juan’s calibre for some time now, and are very happy we will be able to expand our consulting service, usually delivered as a localisation strategy assessment.”

The firm has six offices in locations around the world including Edinburgh, London, Romania, Amsterdam, Panama and the Philippines.

Social Enterprise Scotland announces new chief executive

Social Enterprise Scotland has appointed a new chief executive.

The Herald:

Chris Martin, above, currently managing director of Callander Youth Project Trust, will take up the post in the new year.

Mr Martin, who was named as Social Enterprise Champion at the Social Enterprise Awards Scotland 2017, said: “I believe social enterprise is our best chance to help tackle poverty, reduce inequality and build a fairer and more inclusive Scotland.

“Every day social enterprises of all shapes and sizes are making a difference to local people and helping regenerate communities."

He added: “As a social entrepreneur I believe I will be able to understand the issues of our members and support them to thrive."

Shona Sinclair, newly elected SES chair, said Mr Martin “brings considerable experience and shares the vision of supporting social enterprise growth in Scotland".

"We very much look forward to working alongside him to deliver these aims."