Standard Bank Isle of Man, part of South Africa's Standard Bank Group, is expanding its IFA distribution team with the appointment of two new business development managers, both reporting to John Hall, head of IFA distribution.

Standard Bank's Isle of Man distribution team, part of South Africa's Standard Bank Group, is expanding with the appointment of two new business development managers, both reporting to John Hall, head of IFA distribution.

John Kilgour has been appointed business development manager for Europe, replacing Sheena Maddrell, who will now concentrate on IFAs introducing seafarer accounts.

Hall takes on the role of business development manager for the Middle East and India, replacing Simon Buckerfield, who left the bank in December 2013.

Kilgour was previously at Royal Skandia, where he worked for eight years, most recently as sales consultant for Europe.

Patterson joins from Lloyds Bank International, where he was a business relationship manager looking after a portfolio of premier banking clients.

"These two appointments will be a welcome boost to our team at a time of growth within our business. John already has relationships with IFAs in Europe from his previous role at Royal Skandia and I know will hit the ground running. David will concentrate not only on managing the existing relationships in the Middle East, but also in developing new business in India which is an opportunity we started to explore last year,” said Hall.

The Standard Bank Group is the largest in Africa by assets, with total assets of R1 694 billion (about $162 billion) at 31 December 2012.