Kingswood appoints new Chief Risk Officer

by Meg Bratley

Kingswood Holdings Limited (AIM: KWG), the international, fully integrated wealth and investment management group, is today pleased to announce the appointment of Paul Hammick as Chief Risk officer. 

Paul has over 26 years of experience in financial services having worked at Lloyds Banking Group, 11 years of which were at executive level leading sizable risk, operational and sales teams. Paul holds an MBA from the University of Southampton and a Post Graduate Diploma from the ICA in Governance, Risk & Compliance.

David Lawrence, CEO at Kingswood, commented: “The appointment of Paul reflects the growing scale and maturity of our business and introduces greater depth and capability to our executive team as we realise our ambitions. I’m delighted for him to join the team today.”

The appointment represents another step in Kingswood’s growth strategy and further illustrates the firm’s ambition to be a leading wealth management business internationally.

 Kingswood have completed a large number of acquisitions over the past year, including the acquisitions of Barry Fleming, JCH, JFP, Strategic Asset managers in Glasgow as well as the first footprint in the Irish market with MMPI at the start of the year.  Kingswood has grown its assets under management globally to over £10bn in assets and have a strong pipeline of further acquisitions in exclusive due diligence.

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