New chair for Mattioli Woods as Kiddie steps down

Wealth supervisor and SIPP supplier Mattioli Woods has appointed a brand new chair to assist steer the corporate as its recommendation enterprise continues to develop.

At its AGM at this time new chair Ann Gunther will take over from David Kiddie who’s stepping down from the board after 18 months.

The transfer, beforehand introduced, has now acquired regulatory approval.

Ms Gunther is a Chartered Banker, and an Affiliate of the Chartered Institute of Bankers (UK).

She has labored in monetary companies for the previous 40 years together with roles at MBNA, Masthaven Financial institution, NEW Devon NHS Scientific Commissioning Group and Bracken Holdings Ltd.

Former chair Mr Kiddie will go away the board after 18 months within the position however will proceed to help the corporate in a consultancy position linked to the event of the group’s funding proposition. Mr Kiddie’s appointment as chair was delayed resulting from post-Covid delays on the FCA in ratifying senior monetary companies appointments.

Additionally stepping down from the board at this time is NED Edward Knapp. A seek for his alternative is underneath method.

On the AGM at this time the group mentioned it continues to see “sustained demand” for recommendation and this could bolster development in its recommendation enterprise. The corporate mentioned this 12 months thus far it had signed up 249 new recommendation purchasers.

The corporate can be specializing in creating its funding proposition and Maven, its personal fairness enterprise. Maven has a “robust pipeline” of offers deliberate, the agency mentioned. 

The group can be specializing in synergies with acquired companies, advancing key strategic initiatives, together with the introduction of a brand new pension banking proposition and providing purchasers higher rates of interest.

The group can be persevering with to roll-out the group-wide consumer relationship administration system, Xplan, to enhance operational effectivity.

Mattioli says it continues to commerce according to the board’s expectations.


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