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Asset Management

Kas Bank loses transparency advocate UK chief

Ex-policeman leaves Dutch custodian bank as former HSBC sales chief Pat Sharman steps up

Chris Sier
Chris Sier Photo: Credit: Micha Theiner

Chris Sier, the former policeman who led a charge for fee transparency in the pensions industry before becoming UK managing director at Kas Bank in late 2014, has parted ways with the Dutch custodian.

In a statement on January 15, Kas Bank announced it had promoted its UK director of pensions, Pat Sharman, to managing director of its UK branch. A spokeswoman confirmed to Financial News that Sier had resigned from the group, effective January 1 2016.

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