London, 11th August 2022. LGT Wealth Management, one of the leading wealth managers in the UK and part of LGT Group which operates in 20 locations worldwide and has over £220 billion of assets under management, announces four new Board appointments.
H.S.H. Princess Adelheid Coudenhove-Kalergi and Susan Ward join the Governing Board as Non-Executive Directors. Princess Adelheid is a member of the Princely Family of Liechtenstein and is Honorary Consul of the Principality of Liechtenstein to England, having been appointed in 2019. Princess Adelheid has previously held positions within the financial services sector, the most recent of which was Middle Eastern and Frontier Market Economist at Credit Suisse.
Susan brings over 30 years of financial services experience to the Governing Board and chairs the firm’s Audit and Risk Committees. Susan spent over 20 years at J.P. Morgan, where she specialised in structuring and executing capital solutions across debt and equity in leverage finance, credit and restructuring. Susan also gained extensive risk experience assessing reputation, legal and regulatory risks across multiple jurisdictions. Following this, she was the UK Head of Global Family Offices at UBS Wealth Management working with multiple large family offices and most recently has been involved in the impact investing sector.
Helen Whelan, Partner and Head of Risk and Barbara Kane, Partner and Head of Legal and Compliance, join the firm’s Management Board. Helen joined the firm in 2008, establishing the risk and investment oversight functions. She became Head of Risk in 2018 and a Partner in 2021. Barbara joined LGT Wealth Management in 2015 as a Compliance Manager, having previously worked in senior compliance positions at Goldman Sachs in both the UK and the US. In 2022, she became a Partner and was appointed Head of Compliance and Legal.
Ben Snee, CEO LGT Wealth Management said: "I am delighted to welcome Princess Adelheid and Susan to our Governing Board. Their appointments bring a wealth and breadth of experience, further strengthening the robust nature of the firm’s governance. Both Helen and Barbara are long-standing members of the firm and their appointments to the Management Board will support us in our continued growth and in our aim of ensuring clients’ interests are at the heart of our business.".
In addition, LGT Group Foundation appointed Peter Nussbaum to its Board of Directors. He was a co-founding partner of the Munich office of Milbank, an international law firm. Prior to this, he was co-head of Freshfields Bruckhaus Deringer’s global private equity group. A German national, Peter serves as a board member of various companies and foundations of the Princely House of Liechtenstein including, since this year, CEO Administration of the Princely Assets. Peter’s appointment on the Foundation’s board is effective immediately.
LGT Wealth Management in brief
LGT Wealth Management UK LLP ("LGT Wealth Management") is a UK-based wealth management partnership which provides a comprehensive range of investment management, wealth planning and private investment office services. LGT Wealth Management employs 432 staff and has offices in London, Bristol, Edinburgh, and Jersey. It is part of LGT, a leading international private banking and asset management group that has been fully controlled by the Liechtenstein Princely Family for over 90 years.
LGT in brief
LGT is a leading international private banking and asset management group that has been fully controlled by the Liechtenstein Princely Family for over 90 years. As at 31 December 2021, LGT managed assets of CHF 285.8 billion (USD 313.7 billion) for wealthy private individuals and institutional clients. LGT employs over 4100 people who work out of more than 20 locations in Europe, Asia, the Americas and the Middle East.