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Kingswood Appoints Former Goldman Sachs Executive Suss To Board

Mon, 10th Jun 2019 13:26

LONDON (Alliance News) - Wealth manager Kingswood Holdings Ltd on Monday said it has appointed former Goldman Sachs Inc executive Rob Suss as non-executive director with immediate effect to advise the company on its global wealth management strategy.

Suss, currently co-chief executive officer of UK Agricultural Finance and co-founder of renewable energy company Global Tower Solutions, retired as managing director of Goldman Sachs where he spent 18 years building and turning around a number of businesses in their investment management division. His last role was as head of Private Wealth Management in London from 2012 to 2015.

Kingswood Chief Executive Gary Wilder said: "With the group's recent US partnership announcement, and ongoing discussions regarding an Asian initiative, we are actively progressing our strategy of building an internationally recognised wealth and investment management firm. Rob's appointment will be a major asset to Kingswood as we enhance our domestic and global platform."

Shares in Kingswood were trading 1.1% lower at 9.00 pence each on Monday afternoon.

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