Wealth management group Kingswood Holdings Limited has appointed Najib Canaan as US chief executive.

This comes as the firm sets its sights on US expansion and growing investment distribution channels for its products.

Kingswood sees the US as a “big growth opportunity being the largest global wealth management market,” the firm stated.

In January Kingswood abruptly announced the departure of its chief executive Marianne Ismail, who had been in her role since 2017.

The firm bought East Yorkshire IFA firm Marchant McKechnie in October 2018 and Thomas & Co Financial Services in Oxford last mont...