Sackfield has worked for 30 years at the £5.5bn UK private banking and wealth management firm, which is owned by Luxembourg-headquartered banking group KBL European Private Bankers.
The executive is to remain at the firm and continue to advise clients directly. He will remain in the CEO role until a successor has been appointed.
The departure plans come a year after KBL European Private Bankers announced it was to buy private bank Insinger de Beaufort from BNP Paribas and merge its London assets into Brown Shipley’s.
Longstanding board member David Rough was appointed as chairman of Brown Shipley last year.
In a statement published today, Rough said: “Ian has done a tremendous job at leading the business for over eight years as CEO and has played a pivotal role in making Brown Shipley the successful UK-wide full service wealth manager that it is today”.
Sackfield said in the statement: “Having been CEO for over eight years, I have decided that now is the right time to hand the baton over for someone else to continue taking the business forward.”
“Not only does Brown Shipley have a strong heritage, it also has a bright future based on the pillars of talented employees and a proposition that provides for our clients’ overall wealth management needs.”
