News

Former Goldman Sachs’ wealth head joins Kingswood

Kingswood hires Rob SussThe former head of Goldman Sachs’ private wealth management arm is joining the board of asset manager Kingswood Holdings as a non-executive director. The role is newly created.

Currently co-chief executive of UK Agricultural Finance, Rob Suss will advise Kingswood on global wealth management strategy.

The 48-year-old retired from Goldman Sachs back in 2015. Aside from being the New York-headquartered firm’s head of private wealth management based in London, he was also head of its UK and Ireland private wealth management from 2012 to 2015.

Kingswood’s group chief-executive Gary Wilder said Suss’ appointment to its board is part of a strategy to increase international presence, following a recent US partnership with the acquisition of a stake in Manhattan Harbour, and ongoing discussions regarding “an Asian initiative”.

Currently operating from offices around the UK, as well as Johannesburg, Kingswood has around £2 billion (€2.24 billion) in assets under management.

©2019 funds europe