deVere Group names Peter Hobbs as chairman
deVere Group, one of the world’s largest independent financial advisory organisations, has today named Peter Hobbs as its chairman.
Peter Hobbs joined deVere Group’s Board of directors in June 2013 in a non-executive role. He was previously a former director of Generali International and Generali Pan Europe and ultimately responsible for the Generali Group’s strategic innovation programs and developments in more than 60 countries worldwide.
Effective immediately in his new position, his primary focus will be working with Nigel Green, deVere Group’s founder and chief executive, and Beverley Yeomans, the chief operating officer, to effectively guide, review and further develop the Group’s global strategy and business plans.
Of the appointment, Nigel Green, CEO, said: “In a stellar international financial services industry career, Peter has enjoyed a long list of key accomplishments and, clearly, he has an abundance of top level experience.
“He has a robust record in managing and leading organisations, a thorough regulatory understanding of the sector and, through his role as a non-executive director, a strong empathy with our culture and commitment to serving clients. We’re thrilled he has decided to take on the role of deVere Group chairman.”
Commenting on his chairmanship, Peter Hobbs said: “deVere Group has grown substantially over the last few years to become one of the largest financial advisory companies of its kind.
“Since joining the Board I have seen the organisation’s management adapt and take advantage of the challenges and opportunities companies of its size and type face in respect of both the market and regulatory challenges.
“New sources of business and revenues through organic growth, including the examination of the value chain, and acquisitions of brands like Acuma and Workplace Solutions are bringing greater diversity, and the group will further capitalise on the exciting business opportunities that will present themselves over the coming years.
“Many challenges remain, but with the prudent deployment of future capital, linked to a disciplined approach to corporate governance and marketing initiatives, I would expect the group to continue its successful upward curve.
“I am looking forward to starting my work as chairman and to it continuing to deliver on deVere Group’s strategy for responsible, robust growth.”