Mackay comments :
"I am delighted to accept the invitation to join Highgrove. It is the ideal opportunity to help shape a new entity in the Private Client arena. Highgrove will be a true wealth manager and advisory business covering both sides of the balance sheet. It will recognise the need to place the provision of service to its clients at the forefront of its objectives."

Richard Rhys, Group CEO, said yesterday :
"This is fantastic news for our Group. Jonathan commands huge respect in our industry and this is yet another indication of the positive direction in which we are moving. These are exciting times for us.

"Jonathan brings with him a wealth of experience and expertise from his time in the financial services industry, along with his own unique charisma and charm!"

Rhys continued :
"Recently we have developed our asset management and financial planning capability. Jonathan's appointment helps drive us towards our goal of providing a total wealth advisory service for our clients' every need."

Mackay will start work on 3rd December.

About Highgrove Capital Limited
Highgrove Capital Limited will form part of London and Tokyo Holdings PLC. Highgrove offers a total wealth advisory and management service for private clients. Its role is to advise, facilitate and place the requirements of each client. This service is truly independent and not subject to the vested interests of any provider. Highgrove's scope of expertise ensures that debt and other liabilities receive the same level of attention as assets and tax advice.
www.highrgroveuk.com