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Permanent Bank International appoints Non-Executive Director

Permanent Bank International has appointed Barry Watts as Non-Executive Director. Barry has more than 20 years of experience working at senior level within international banking.

He worked for Barclays Bank for 39 years joining Barclays Isle of Man in 1988 when he was appointed Manager of the bank’s Castletown branch, a post he held until 1992. His final role with Barclays Isle of Man was as Senior Business Development Manager. In 2003 he was appointed as Managing Director of Barclays International Investments (Malta) Ltd and as the Country Manager for Barclays in Malta. Barry left Barclays in 2008 to manage two personal property refurbishments. He is now a majority shareholder in ST Consulting Limited and is a non-executive director with Equilibrium Pensions Ltd, a post he has held since 2010. Barry became a Chartered Fellow of the Securities Institute in 2010. Commenting on his Permanent Bank International appointment, he said:

“I’m delighted to join Permanent Bank International Ltd at what is an exciting time for the business. It’s a new brand, but one that is built upon a long association with the Isle of Man. I’m looking forward to working with our loyal and hard working team who are dedicated to providing the highest standards of customer service for clients.”

Carlton Freegard, Managing Director of Permanent Bank International Ltd, commented:

“We are delighted to welcome Barry to the business as he brings with him a wealth of experience in international banking. His appointment is part of a strategic plan to further strengthen our already experienced senior team as the business moves forward.”

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