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Rathbone Brothers Plc has announced the death of Sue Desborough, the firm’s finance director.

Desborough joined Rathbones as group financial controller in 2000 and became finance director in October 2004. Between 1987 and 2000 she worked for Kleinwort Benson Private Bank where she was latterly head of financial and regulatory reporting, a role which included a diverse range of projects including M&A and new product development.

She qualified as a chartered accountant in 1984 with Deloitte Haskins & Sells. She was chairman of the group's business continuity committee.

The firm said that she was a highly regarded member of the management team and that her loss following a struggle with cancer will be keenly felt.

Rathbones (LSE:RAT.L) specialises in providing, through its subsidiaries, personalised investment management and wealth management services for private clients and trustees, including discretionary asset management, tax planning, trust and company management, and banking services.

It manages over £13 billion of funds, including £2.1 billion managed by Rathbone Unit Trust Management.

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