Appointment of Chairman of Custodian Capital

RNS Number : 8333I

Mattioli Woods PLC

16 December 2020

 

16 December 2020

Mattioli Woods plc

("Mattioli Woods", "the Company" or "the Group")

Appointment of Executive Chairman of Custodian Capital Limited

Mattioli Woods plc (AIM: MTW.L), the specialist wealth management and employee benefits business, is pleased to announce the appointment of Professor Barry Gilbertson to the role of Executive Chairman of its subsidiary, Custodian Capital Limited ("CCL") with effect from 1 January 2021.

Barry joins with a wealth of experience having previously held the role of Senior Independent Non-Executive Director at Custodian REIT (LSE: CREI), the UK property investment company, for which CCL is the appointed discretionary investment manager. He previously held Non-Executive Director roles at Rona Inc. and Granite REIT.

In his executive career, Barry spent 19 years at PricewaterhouseCoopers, 15 years as a Partner, developing and leading the Real Estate team within the Business Recovery and Turnaround practice including 3 years as a member of the PwC's Global Real Estate Board. Barry was granted a one year sabbatical to undertake a global position as President of the Royal Institution of Chartered Surveyors. His career also includes notable roles as Founder Chairman of the Non-Administrative Receivers Association, Founder Deputy Chairman of the World Association of Valuation Organisations, a leading member of the United Nations Real Estate Advisory Group and The Bank of England Property Forum and as Visiting Professor at both Northumbria and the Royal Agricultural Universities.

Given Barry's considerable experience and understanding of real estate, strategy and risk management, this new role will focus on development and oversight of the strategy to expand the CCL offering to new and existing clients. This includes the growth of the Private Investor Club to our network of 1,100 sophisticated investors through property asset-backed finance and new structures including private equity style investment.

Ian Mattioli, Chief Executive Officer said:

"We are delighted to welcome Barry as Executive Chairman of CCL. This is a really positive step and adds significant expertise to our team. Having worked with Barry for a number of years in his role as Non-Executive Director to Custodian REIT, we are keen to add his knowledge and experience to our senior leadership team as we expand our client proposition including our Private Investors Club, and are certain he will be a great asset to the Group".

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For further information please contact:

Mattioli Woods plc
Ian Mattioli MBE, Chief Executive Officer
Ravi Tara, Group Finance Director Michael Wright, Group Managing Director	Tel: [phone] www.mattioliwoods.com
Canaccord Genuity Limited (Nominated Advisor and Joint Broker)
Emma Gabriel		Tel: [phone]
Tom Diehl		www.canaccordgenuity.com

N+1 Singer (Joint Broker)
Justin McKeegan, Corporate Finance
Pete Steel, Corporate Finance	Tel: [phone]
Tom Salvesen, Corporate Broking	www.n1singer.com

Media enquiries:

Camarco
Ed Gascoigne-Pees	Tel: [phone]
	www.camarco.com

 

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