Coutts chief executive Peter Flavel is set to become a director of Waterfield Advisors, an Indian-based multi-family office and wealth advisory firm.

I understand that he is taking up the position in a personal capacity, rather than as a function on behalf of Coutts.

The banker is widely experienced in Asian wealth management, as a former chief executive of Standard Chartered Private Banking and top executive of JP Morgan Wealth in Asia.

I assume he is seeking to levera...