People Moves
Kingswood Group Names New CFO And MD, Head Of Wealth Planning
The appointments support the firm’s ambition to become a leading provider of wealth management services in the UK and internationally.
Kingswood, the UK-headquartered wealth and investment management group, has appointed Vinoy Nursiah as chief financial officer and Bryan Parkinson as managing director, head of wealth planning.
Nursiah has experience in working with rapidly-growing, private equity-backed businesses, coupled with leading transformational change, all of which will enable Kingswood to advance its ambitious agenda, the firm said in a statement.
Nursiah was most recently CFO at CSC Global Financial Markets, which provides specialised administration services, where he built a new global finance team, operating model and platform to support 30 per cent annual growth, due diligence and swift integration of three acquisitions. Prior to that, he was director of finance at Intertrust Group and group finance director at SFM Europe.
Parkinson has significant experience in leading financial advisory businesses andis "perfectly placed" to lead Kingswood’s growing number of financial advisors across the UK. His appointment forms part of the establishment of a team of regional directors at Wealth Planning who will report to Parkinson
Most recently, Parkinson was managing director of financial planning at Punter Southall Aspire. Before that, he led the financial planning business of AJ Gallagher and served in executive roles at Standard life and Barclays Wealth.
"Both appointments support our ambition to be a leading provider of wealth management services in the UK and internationally and enhance the already strong leadership capability that exists across our executive team as we prepare for our next phase of growth,” David Lawrence, CEO of Kingswood Group, said.
Kingswood Group, which has £12 billion ($15.2 billion) of assets under advice and management, serves clients from offices across the UK, and overseas in South Africa and the US.