Kingswood appoints David Lawrence as CEO for UK

– UK, London –  Kingswood Holdings Limited (LON: KWG) today announced the appointment of David Lawrence as UK CEO, reporting to Gary Wilder, Group CEO and the board of Kingswood Holdings Ltd.

“I am delighted that David has agreed to join Kingswood as our UK CEO to drive us through our next exciting phase of growth. As the business continues to expand, we want to ensure we have an experienced industry leader in place to accelerate our growth plans including our best in class DFM proposition and to drive synergies and efficiencies from our integration efforts. In David we believe we have that person”. said Group CEO, Gary Wilder.

Following the regulatory approvals, he will also become a director of Kingswood’s UK subsidiaries.

The company also announced that Graydon Butler will also be stepping off the board of Kingswood Holdings Limited on 1 January 2021.

Buzz West, Group Chairman commented: “Patrick has been an integral leader of our business over the last two years as we built a foundation for growth and the Board is pleased he has agreed to assume the Group Chief Financial Officer on a full-time basis as we continue to expand. I would also like to thank Graydon for his service to the Company. I am delighted to welcome David to Kingswood and look forward to the next exciting phase of our development.”

About David Lawrence

David has over 30 years’ experience in financial services with Lloyds Banking Group where he has held numerous senior leadership roles in distribution and functional areas across its Retail, Commercial and Insurance divisions.

In 2014, David became the Commercial Director and then COO for Lloyds’ Private Banking and Wealth businesses with additional responsibility for its Mass Affluent proposition and strategy.

Over the last two years, David has played a lead role in the establishment of Schroders Personal Wealth (a joint venture wealth management business between Lloyds Banking Group and Schroders). David became Chief Commercial Officer for this business in March 2019 with primary responsibility for its client proposition, client experience and business development.

David Lawrence, UK Chief Executive Officer commented: “Kingswood has a clear ambition to build a leading wealth management business in the UK (and internationally) and I am delighted to be joining the business at such an exciting time.

“The UK business has a healthy pipeline of acquisition opportunities and my early focus will be on converting these, integrating them and delivering accelerated organic growth through our regional hubs.

“A complimentary focus on creating enhanced client experiences through an optimal blending of technology and adviser interaction and the development of progressive, relevant and great value client propositions, will further fuel growth as well as bringing operational efficiencies.”

About Kingswood

Kingswood Holdings Limited is an AIM-listed international fully integrated wealth management group, with around 16,000 active clients and circa £5.0 billion of Assets under Advice and Management. It has a growing network of offices in the UK including Abingdon, Beverley, Darlington, Derby, Egham, Grimsby, Hull, Lincoln, London, Maidstone, Newcastle, Sheffield (2), Worcester and York with offices in Johannesburg, South Africa and Atlanta, New York and San Diego in the US.

Kingswood offers a range of trusted investment solutions to its clients, which range from private individuals to some of the UK’s largest universities and institutions, including investment advice and management, personal and company pensions and wealth planning. Kingswood is focused on becoming a leading player in the wealth and investment management market through targeted acquisitions in the UK and US, creating a global business through strategic partnerships.

For more information: https://www.kingswood-group.com/

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