White joined the firm after eight years at Morgan Stanley, where he worked in the private wealth management division. He has experience in dealing with wealthy individuals, trusts and family offices, across a range of asset classes and strategies. At Berenberg, White focuses on clients in the Channel Islands, the Isle of Man and the North West of the UK.
Baird, meanwhile, is responsible for the development of Berenberg’s links with the intermediary market, including law firms, tax advisers and accountants. She joined the bank from Deloitte, where she provided investment advice and financial planning to ultra-high net worth individuals, wealthy families and trusts – in the UK and overseas.
Berenberg launched its private banking operation in January and last month announced the appointment of Matthew Stemp from UBS Global Asset Management.
According to Berenberg, it had 1,000 employees and total assets of €3.2bn at the end of 2010. The privately-owned bank, which was founded in 1590, is headquartered in Hamburg and has 17 offices around the world. It manages more than €25bn ($36bn) for private and institutional investors, and provides investment and commercial banking services.