Progeny has appointed Caroline Hawkesley to the new role of UK managing director as part of a restructure to prepare for international growth.
Hawkesley is currently chief operations officer at the advice firm and in her new role she will manage and direct Progeny's activities in the UK.
She began her career in the banking industry before co-founding her own financial advice firm, Evolve.
When this was bought by Progeny in 2018 she went on to head up the operations team.
Progeny founder Neil Moles will remain the company's chief executive.
He said: "This is a measure of our ambitions for the Progeny brand and business in the years ahead.
"Having worked alongside Caroline for many years, I know what a supremely capable manager and leader she is, someone who can bring energy, resilience and determination to driving Progeny forward in the UK."
Hawkesley will take up her role later in 2023. Further appointments stemming from the restructure will be announced in due course, the business said.
She said: “I am thrilled to be heading up the UK arm of Progeny at such a hugely exciting stage in our evolution.
“To be managing the UK business, and our exceptionally talented team, is a great privilege and I can’t wait to get started.”
Earlier this month, Progeny announced plans to buy chartered financial planning firm Gibbs Denley, extending the national advice firm’s footprint to East Anglia and taking its assets under management to more than £7.5bn.
This came after in November, Progeny bought financial planning firm Lewis Brownlee Financial Services for an undisclosed sum.
Last month Progeny appointed Heather Ross to the new role of head of academy. The firm's adviser academy was launched in April 2019 and currently offers a three-year programme that targets chartered status.
amy.austin@ft.com
