Mattioli Woods Plc  

Mattioli Woods adds three non-executive directors

Mattioli Woods adds three non-executive directors

Wealth management firm Mattioli Woods has appointed three non-executive directors as it pushes forward with its “ambitious” growth plans.

Mattioli Woods announced today (January 5) that David Kiddie, former chief executive officer for BNP Paribas Asset Management, will join the firm, bringing expertise in asset management and investment oversight.

In addition, former Melton Mowbray Building Society chief executive officer Martin Reason will join the board with experience in strategic planning and creating operational resilience.

He has previously held senior roles at Merrill Lynch, HSBC and Midland Bank, specialising in product development and customer service.

Lastly, Edward Knapp, a specialist in financial services technology and innovation, has joined as a non-executive director but will also become chair of the firm’s risk and compliance committee.

He has previously held senior roles at HSBC, Barclays and McKinsey & Company.

Joanne Lake, non-executive chairman, said: “The appointment of David, Edward and Martin brings further renewal to the board and gives us a strong platform for future succession planning. 

“We remain committed to our culture at Mattioli Woods of putting clients first and to delivering our ambitious growth plans for the business".

Mattioli Woods has been active in its push for growth over the past few years, taking part in a number of deals in the acquisitions space.

At the end of 2019 it acquired Glasgow-based Turris Partnership in a deal worth up to £1.6m.

Earlier this year (March 2020), it acquired private client adviser and asset manager Hurley Partners in a deal worth up to £25.6m.

amy.austin@ft.com

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