Progeny hires new UK MD in shake up

Quick rising Chartered Monetary Planning agency Progeny has appointed a brand new UK managing director because it plots worldwide progress.

Caroline Hawkesley, presently chief operations officer, will take the brand new function later this 12 months with Neil Moles remaining as CEO.

The corporate says the restructure is designed strengthen its place within the UK market and put together the enterprise for future worldwide progress.

Additional appointments associated to the restructure can be introduced in the end, the agency says.

Ms Hawkesley started her profession within the banking trade earlier than co-founding her personal monetary advisory agency, Evolve.

Evolve was acquired by Progeny in 2018 and she or he then went on to move the Progeny operations workforce. 


In her new function she’s going to handle and direct Progeny’s actions within the UK, because the enterprise continues to develop its “multi-disciplinary skilled companies platform.”

The corporate combines Monetary Planning, asset administration, tax, HR and personal and company authorized companies.

The corporate has been extremely acquisitive lately. Earlier this month it introduced it could purchase three-office East Anglian Chartered Monetary Planning agency Gibbs Denley. The deal expanded Progeny’s footprint in East Anglia and boosted whole Progeny Property Beneath Administration to over £7.5bn.

Progeny acquired a number of Chartered Monetary Planning corporations in 2022.

Ms Hawkesley stated: “I’m thrilled to be heading up the UK arm of Progeny at such a vastly thrilling stage in our evolution. To be managing the UK enterprise, and our exceptionally gifted workforce, is a good privilege and I can’t wait to get began.”

Mr Moles stated: “It is a measure of our ambitions for the Progeny model and enterprise within the years forward. Having labored alongside Caroline for a few years, I do know what a supremely succesful supervisor and chief she is, somebody who can carry power, resilience and willpower to driving Progeny ahead within the UK.”