deVere appoints Richard Glenn to newly created Group CFO role

During April 2019, deVere Group announced the appointment of Richard Glenn as Group Chief Financial Officer (CFO). He joins from UAE-based wealth manager Credence International where he was the firm’s CFO for more than three years. Credence was recently acquired by deVere Group CEO, Nigel Green. Mr Glenn, who starts his new role with immediate effect, will report directly to Nigel Green and the board of directors, and his primary focus will be the advisory side of the Group’s business model, with initial emphasis on the UAE operations.

Glenn commented, “It’s a privilege to be joining deVere. I’m looking forward to overseeing the company’s financial management functions, including financial reporting, tax management, asset-liability management, treasury, corporate development, cost savings and revenue maximisation.”

The role of Group CFO is a newly created one, with the responsibilities previously being undertaken by other senior board members and managers.

Of the appointment, Nigel Green says: “The creation of this CFO position represents a natural and positive evolution of executive responsibilities at deVere as we continually grow, develop and adapt to new market conditions and regulatory landscapes.We continue to implement our strategic growth plans and will include further major acquisitions, senior level recruitment, and the roll-out of new and subsidiary brands. This will serve to further cement our dominant status within the international space.”