In a move that echoes strategic intent and visionary leadership, Evelyn Partners, the renowned wealth management powerhouse overseeing client assets worth £63.0 billion, has announced the appointment of Alex Gersh as its Chief Financial Officer and Executive Director (pending regulatory green light). Gersh will officially step into the role by the end of April, collaborating closely with Scott Kirk, who has been serving as the Interim CFO, to ensure a smooth and structured transition.
Gersh takes over from Andrew Baddeley, who held the Group CFO position since 2018. Following the recent divestiture of Evelyn Partners’ former professional services division, S&W, Baddeley transitioned to serve as its CFO post-sale.
With a treasury of over 30 years in financial stewardship, Gersh arrives with vast and varied experience in both the UK and US financial landscapes. His impressive track record includes executive roles in both public enterprises and private equity-backed ventures. Most recently, he was the CFO at Paysafe, a global payments platform listed on the New York Stock Exchange, backed by CVC and Blackstone.
Previously, he held the financial reins at Sportradar, where he played a pivotal role in steering a $7 billion IPO on NASDAQ. His earlier tenures include being the CFO at Betfair, guiding it through its high-profile merger with Paddy Power, and later serving as CFO of the merged entity, Paddy Power Betfair (now known as Flutter), a former member of the prestigious FTSE 100 Index.
Reflecting on the appointment, Paul Geddes, CEO of Evelyn Partners, stated:
“Alex is a highly accomplished CFO who will be a fantastic addition to the leadership team at Evelyn Partners. He joins us at a pivotal time for the business, which has recently undergone a significant strategic transformation to refocus the firm solely on wealth management where we see excellent growth opportunities.”
Geddes also extended his gratitude to Scott Kirk:
“I would also like to thank Scott Kirk who has been an excellent Interim CFO working alongside Andrew Baddeley through a period of major change over the last year which culminated in successful transactions to sell our Professional Services and Fund Solutions businesses.”
With Gersh stepping into the financial cockpit, Evelyn Partners is poised to strengthen its core focus on wealth management, with innovation, stability, and strategic foresight at its helm.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter |The Mainstream formerly known as CIO News Whatsapp Channel | The Mainstream formerly known as CIO News Instagram
About us:
The Mainstream formerly known as CIO News is a premier platform dedicated to delivering latest news, updates, and insights from the tech industry. With its strong foundation of intellectual property and thought leadership, the platform is well-positioned to stay ahead of the curve and lead conversations about how technology shapes our world. From its early days as CIO News to its rebranding as The Mainstream on November 28, 2024, it has been expanding its global reach, targeting key markets in the Middle East & Africa, ASEAN, the USA, and the UK. The Mainstream is a vision to put technology at the center of every conversation, inspiring professionals and organizations to embrace the future of tech.
