Glasgow-based investment firm N4 Partners has appointed former Tesco Bank chief executive Benny Higgins as its new chairman.
Mr Higgins takes up the role on September 1 following an extensive career in the financial services sector. He began his career at Standard Life, where he became a member of the Standard Life Group Executive Committee in 1996, before moving to RBS as chief executive of retail banking. During that time, he led RBS's integration with NatWest retail banking in one of the largest hostile takeovers ever undertaken in the sector.
Following a senior role with HBOS, Mr Higgins held the position of chief executive at Tesco Bank from 2008 until 2018.
READ MORE: Who Runs Scotland? The rich and powerful who influence SNP Government decisions
Latterly, he was appointed as strategic adviser to the First Minister to help develop and implement the creation of a Scottish National Investment Bank. As a result of this work, he was subsequently appointed as strategic adviser to the First Minister and chairman of the Scottish Government’s Advisory Group on Economic Recovery post COVID-19.
“In Benny, we have acquired an exceptional individual who shares our passion for forming meaningful partnerships across the business community," a spokesman for N4 said.
"Given Benny’s stellar reputation and wide range of connections after leading some of the most recognisable brands in the financial services sector, we are confident his appointment as chairman will help to significantly raise the profile of N4 as we continue to work with ambitious and driven organisations at what is undoubtedly a pivotal time for the global business community.”
READ MORE: Benny Higgins: Scotland doesn't have 'the levers' to kickstart a green recovery
Mr Higgins added: “I’ve known the nucleus of the team at N4 for a number of years now and I’m thrilled to formalise our partnership and become part of a new firm determined on growing and supporting businesses throughout the UK and beyond.”
Mr Higgins will also chair N4's advisory board, where further appointments are expected in the coming weeks. Set up in 2020, N4 has made five appointments so far this year as it expands both its investment and portfolio solutions practices.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereLast Updated:
Report this comment Cancel