Bestinvest picks chief operating officer
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Bestinvest has appointed Donald Reid as chief operating officer.
Reid has over 20 years’ experience in the investment and wealth management industry and was head of operations at UBS Wealth Management.
Other previous roles inclu-ded being operations director and finance director at Barclays Stockbrokers and Barclays Wealth Management. He joins Bestinvest on September 1.
In March, Bestinvest announ-ced that John Spiers would step down from the helm of the firm for the second time after the group appointed Michael Cowell as chairman and Peter Hall as chief executive.
Chief executive Peter Hall says: “Donald brings with him a vast amount of experience and no one is better placed to help us deliver an excellent service and to manage our major investment programme. Having worked closely with Donald in the past, I am very aware of his abilities and am delighted that he has agreed to join.”
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