Litigation Capital Management Ltd (LCM) has announced the appointment of Jonathan Moulds as its non-executive chairman.
Jonathan, who takes on the role from 29 March, previously held the position of chief operating officer of Barclays PLC. Prior to his role at Barclays, he was head of Bank of America’s European business until 2013, becoming the chief executive officer of Merrill Lynch International following the merger of the two institutions in 2008. He takes over the position of chairman from David King, who remains on the board as a non-executive director.
Jonathan commented: ‘I’m 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.’
Patrick Moloney, LCM’s CEO, also said: ‘As we expand LCM’s international focus, we’re thrilled to have further strengthened our team with the appointment 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.’
