C. Hoare & Co. joins the Financial Services Skills Commission

C. Hoare & Co. is the UK’s oldest privately owned bank. Established in 1672, it has been owned continuously by the Hoare family for 12 generations. By joining the Financial Services Skills Commission, the bank aims to ensure its continued success by equipping staff with future-focused skills.

Underpinned by Hoare family values of honesty, empathy, excellence and social responsibility, C. Hoare & Co. provides a highly personalised service. It will work closely with the Commission to identify and develop skills tailored to the evolving needs of its customers, enabling staff to excel in their roles as they navigate the changing landscape of banking.

Liam Quinn, Head of People at C. Hoare & Co., said: “As a 350-year-old bank, we recognise the importance of future-proofing our workforce. Working with the Commission, sharing ideas and experience with others in a fast-moving industry, puts us at the heart of this interesting conversation.

“At C. Hoare & Co., we aim always to build long-term relationships with customers and with staff. Investing in colleagues’ potential with innovative, impactful development programmes means they can combine our traditional attention to individual needs with new skills and new thinking. This will allow us to provide our customers with outstanding service for years, and generations, to come.”

Claire Tunley, Chief Executive of the Financial Services Skills Commission, said: “We’re delighted to welcome C. Hoare & Co to the Commission. As the UK’s oldest privately-owned bank, the firm has a long, respected heritage, and has evolved through many of the disruptions that have faced the economy over the past three centuries. That institutional experience will be invaluable as the firm, and the wider sector, looks to the future.

“They will join us as partner members – the highest level of Commission membership – meaning that they will directly inform our strategy and operations. We look forward to working with Liam and the team to collaboratively ensure the sector is equipped with skills for the future.”