The former chief executive of the private banking business at Rothschild has moved to a similar role at Arbuthnot Latham, the wealth management arm of the Arbuthnot Banking Group, which is gearing up for international expansion.

Mike Bussey, who left Rothschild in September 2006, joins Arbuthnot on 1 October in the chief executive role, and will also take a seat on the Arbuthnot group board.