BusinessCompany NewsSir Michael Peat joins Arbuthnot

Sir Michael Peat joins Arbuthnot

Accounting dynasty scion adds non-executive role at banking group to his duties as Prince Charles' private secretary

Sir Michael Peat has taken on a non-executive role at listed private banking
outfit Arbuthnot.

Arbuthnot
said: ‘Arbuthnot Banking group is pleased to announce the appointment of Sir
Michael Peat to the board as a non-executive director.’

Peat is private secretary to the Prince of Wales and the new NED role
represents a rare foray into the arena of PLC directorships.

His other directorships are linked to Prince Charles’ various commercial
operations, which include Duchy Original Foods Limited and Dumfries Estates
Limited.

Sir Michael’s father was a Privy Purse auditor, as was his great-grandfather
William Barclay Peat, who was a founding partner of the accountancy firm Peat
Marwick, now KPMG, where Sir Michael was previously a partner.

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