Lawrenson will join Asgard on 1 Octover, to replace Asgard’s former head Wayne Wilson, according to the publication.

Lawrenson has been with BT for around 14 years, most recently as head of product and strategy for BT Wrap, with responsibility for the design, execution and ongoing management of product strategy for the business.

"Craig is very well positioned to take on this leadership role," BTFG general manager of platforms, marketing and communications John Shuttleworth said.

"He knows what advisors and dealer groups want from their platform providers, he has more knowledge than just about anyone on what platforms can deliver to advisors and their clients, he's deeply engaged in the current regulatory reform agenda and he knows how to motivate a team to consistently deliver high-quality projects and product enhancements."