Investment platform Third Financial has appointed David Lewis as board chairman.
Lewis, who has over 30 years’ experience in investment and custody banking, will oversee the firm’s growth strategy. He joined the Third Platform Services board in 2021.
His appointment allows Third to leverage his expertise in dealing with institutional volumes of client assets.
Lewis has held senior roles across finance, Treasury and operations at firms including BNY Mellon and Merrill Lynch.
Most recently, he was managing director at BNY Mellon in London where he oversees over £1trn of custody assets.
He also served as European head of operations at Pershing for eight years as a member of the UK Exco.
Third Financial group chief executive Ian Partington said: “Being able to bring someone on board with David’s experience underlines Third’s desire to continue a rapid yet sustainable growth path.
“David’s appointment will allow us to take the next steps in the market, reinforcing our credibility with larger clients that we can support all their custodial, technological and operational needs.”
David Lewis added: “With consumer duty upon us, Third Financial’s ‘simplify and scale’ message will help clients ensure that they are meeting all necessary requirements.
“It’s an exciting proposition, and I can’t wait to help them get the word out in an industry in desperate need of modernisation.”
Third Financial provides the core processing, asset servicing and market connectivity for the management of over £50bn of assets.
It delivers a full digital experience to wealth managers, advisers, and their clients with the reassurance of friendly and expert support when required.
In July, the platform added boutique investment house, Downing Fund Managers, a division of LLP, to its roster.
The partnership sees Third provide its technology and custody service to support two of Downing Fund Managers business arms, alternative investment market and inheritance tax business lines, and administer around £100m of assets.
