LGB & Co. is very pleased to announce that Simon Lough has agreed to join as an advisor to its Board of Directors. Simon has extensive experience in debt capital markets, wealth management and the City, which will be very relevant to the further development of LGB’s business.
Simon began his career in the debt capital markets of Kleinwort Benson in 1984. He was seconded to Tokyo where his responsibilities included private placements of MTNs with institutional investors. He moved to Banca della Svizzera Italiana in Tokyo and then in 1996 Simon transitioned to wealth management. He opened the London office of Heartwood, where he ran both the client and investment teams before becoming Chief Executive in November 2008. He led Heartwood through a period of sustained organic growth before its acquisition by Handelsbanken in May 2013. Simon remained at Heartwood for a further three years. During this period, he represented the wealth management sector on the FCA’s Smaller Business Practitioner Panel. Between 2019 and 2023 Simon was a non-executive director of WH Ireland, becoming chairman in 2022.
Simon balances commercial and not for profit activities. He is Deputy Chair of the Haberdashers’ Academies Trust South and Chair of Haberdashers’ Knights Academy, one of the Trust’s schools in Lewisham. He was Chair of the charity Envision from 2015-2023.
Simon Lough commented: “I am very pleased to join LGB & Co. I enjoy the challenge of helping to scale businesses of its size. I believe LGB addresses a real market gap: as the wealth management market becomes increasingly commoditised, I think there is a real opportunity for specialist firms like LGB to offer differentiated investment opportunities to sophisticated private clients, particularly in fixed income.”
Andrew Boyle, Chairman of LGB & Co. commented: “My colleagues and I are delighted that Simon is joining us as we are sure we will benefit from his expertise in the capital markets, wealth management and corporate governance. We now have a well-established business and are in a position to engage more actively with strategic partners and larger issuing and investing clients. Simon’s advice will be invaluable in this regard.”
