LCM has appointed Jonathan Moulds as Non-Executive Chairman, effective 29 March 2019.
This follows Jonathan’s appointment to the Board as a Non-Executive Director in December 2018, when the company listed on the AIM exchange. Jonathan takes over the role of Chairman from David King, who will remain on the Board as a Non-Executive Director.
Jonathan brings extensive experience in the financial services industry. He was previously the Chief Operating Officer of Barclays PLC. Prior to his role at Barclays, he was head of Bank of America’s European business until 2013 and became the Chief Executive Officer of Merrill Lynch International following the merger of the two institutions in 2008.
CEO, Patrick Moloney, said: “As we expand LCM’s international focus, we’re thrilled to have further strengthened our team with the appointment of Jonathan as Chairman. This announcement follows a series of exciting and significant operational developments at LCM including several new board and management team hires, and our expansion into London and Singapore as key growth markets. Together with the rest of the Board, I am looking forward to working with Jonathan and the wider team to realise the clear growth opportunity that LCM offers. I would also like to thank David for his support as Chairman over recent years. We will continue to benefit from his expertise on the Board.”
Jonathan said that he was “delighted to take on the role of Chairman at LCM. It’s a privilege to be involved with one of the litigation finance industry’s most established and exciting players at this pivotal time in its development. This is an interesting time for the litigation funding sector globally as it enters a period of rapid expansion and LCM is well-positioned to take advantage of this given its significant international presence, its team’s outstanding track record and the quality and depth of its pipeline of future litigation projects.”