Hampden & Co has appointed Tracey Davidson as chief executive to replace current boss Graeme Hartop when he retires this autumn after 11 years in the role.

Davidson will join the private bank from Handelsbanken UK where she is deputy chief executive.

She joined Handelsbanken since 2003 from Barclays as the Swedish bank sought to grow its UK business.

Davidson is also on the board of the Personal Investment Management & Financial Advice Association (PIMFA).

Hampden & Co chairman Simon Mille says: “Tracey was the outstanding candidate in a very strong field and she is very well respected in the market, among peers and by clients and professional intermediaries.

“Graeme has led the bank through launch to profitability with record levels of deposits, lending and client numbers. 

“We wish him great success in the next phase of life and thank him for his commitment, leadership and vision in building strong foundations for Hampden & Co.”

Davidson says: “Hampden & Co has an excellent reputation for delivering a highly personalised banking service for clients, their families and businesses. 

“It has significant ambitions for the future and I look forward to leading the bank to further success.”