Edward Hodnett
Ed has moved from Engineering (diesel engines with Cummins Engine Co. Ltd) into a senior general management position in Financial Services. He is currently Director of Private Banking for Ansbacher (CI) Ltd, which is an Offshore Bank specialising in product and structure led innovation for Private Client and Intermediary international markets.
- Ansbacher is a niche private bank operating out of London, Jersey, Guernsey, Bahamas and Dubai serving High Net Worth Clients and their advisers. Ed joined the company in June 2004 and has line responsibility for Operations, Marketing, Product & Pricing and Change Management within the CI business which is evolving rapidly under the ownership of the Qatar National Bank who purchased Ansbacher in late 2004.
- Concurrently Ed has founded and runs IKB Ltd, an ideas incubator business providing the opportunity to develop other interests by working with partners. www.ikb.je provides more details, whilst www.e-piggy.com is the first major project to come to market so far.
- Prior to joining Ansbacher, Ed worked in Corporate Funds with Deutsche Bank gaining experience in process re-engineering, outsourcing and systems enhancements.
- Ed moved from engineering to banking after realising an MBA would provide an accelerated route to progress. Ed studied at ENPC Paris and spent a year in Consulting before joining Royal Bank of Scotland International in Jersey in 1997. He was headhunted by Abbey National Offshore in 1998 where he set up a Product Development function and ran this team for 3 years, including working on large projects across the Abbey National plc group.
- Ed brought the Abbey National Offshore Internet Banking Service from development of the idea through to implementation, launch and then business development in 1999-2000. The entire Abbey National Offshore product range was replaced or enhanced over 1999-2001, and the existing sub-brands were merged and repositioned within the Abbey National Offshore brand. Ed led the introduction of Chip cards as a pilot for the Plc, was seconded to the London Treasury business and then as project manager delivered a project to create a new sub-brand “manager–of-manager” funds business which was run as a separately capitalised start-up business for international markets. Ed left Abbey National in 2003.
- Ed’s career started in engineering with Cummins Engines. He spent a total of seven years there in Application Engineering and then Marketing across Europe, Middle East and Africa.
- Being an SMF has enabled Ed to move across industries, and within sectors of these industries. By consistently applying the techniques and disciplines of engineering into Financial Services, Marketing and Change Management Ed has established a career path that constantly provides new opportunity and challenge. Ed believes the SMF network has provided trusted advice, support and enthusiasm in a way an MBA Alumni group is not able to, and particularly has provided a diversity of experienced peers to advise, suggest and bounce ideas off which has proved invaluable.
Topics for comment:
•innovation
•‘start-up’ experience
•business funding
•e-commerce
•international business development
xwomen in business
•creative career development
Industry spokesperson – off-shore financial services
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