Financial Services >> CEO Interviews >> April 2, 2001

Mark Powell – Rathbone Brothers Plc (rat.l)

MARK POWELL joined Laurence Keen in 1989 as Chief Executive and when Laurence Keen became part of Rathbones he was appointed Managing Director of the Rathbone Group. Mr. Powell Started his investment career in 1968 and became a partner in Powell Popham Dawes & Co. in 1972. The firm was subsequently taken over by Laing & Cruickshank and he was appointed head of Private Clients. When Laing & Cruickshank was acquired, initially by Mercantile House and then by Credit Lyonnais, Mr. Powell first became Chief Executive of the Investment Management Division and subsequently of the Group. Mr. Powell is a member of the Takeover Panel, Treasurer of the Iris Fund for the Prevention of Blindness and Chairman of the Association of Private Client Investment Managers (APCIMS). Profile
TWST: Let's start with a quick corporate profile of Rathbone Brothers,

please. What is its core business?

Mr. Powell: Eighty percent of what we do is the management of investment

portfolios