The firm, which has offices in Somerset and other places in the Southwest, has created the new chief operating officer role as part of its strategy to significantly increase in size.

Old Mill has appointed Adil Taha as its new chief operating officer.

The UK firm, which said it is “almost halfway” through a five-year plan to double in size, said Taha will work alongside chief executive Kevin Whitmarsh. Taha has worked in fields including private equity, legal and investment banking. Old Mill oversees about £700 million ($895 million) of client money, a spokesperson told this news service.

The COO role is a newly-created post at Old Mill, which is based in Somerset in the west of England. 

Taha will initially concentrate on a strategic review of Old Mill’s operations and then, over the next 12 months, he will help restructure the business to enable faster growth, it said. 

Old Mill originated in Shepton Mallet in the 1920s but as it stands today Old Mill was formed following a buyout in 2006. It has offices in Exeter, Chippenham, Wells and Yeovil, with 385 staff, and serves more than 5,000 clients. To see a number of recent hires, click here and here.)