Pivotal has appointed Jon Round (pictured) as chairman of the board of Pivotal Financial Limited (PFL), the group’s newly-launched FCA-regulated, directly authorised firm.
He brings to the role a distinguished track record spanning more than three decades at the heart of the UK mortgage and financial services industry. Round’s appointment marks a significant step in Pivotal’s commitment to raising market standards of governance, risk management and regulatory compliance.
PFL sits at the core of Pivotal’s regulated advisory operations, providing the governance framework that supports the group’s appointed representative (AR) network of specialist advisers across residential mortgage, adverse credit, later life lending, secondary lending, business finance, protection and general insurance.
As chairman of the PFL board and risk and audit committee, he will provide independent oversight, regulatory expertise and strategic counsel to PFL’s leadership team.
Earlier in his career, Round held roles in finance, compliance and relationship development.
More recently, he led the growth transformation of Primis Mortgage Network and TMA Mortgage Club as a non-executive director.
Mayank Prakash CBE, group chief executive officer of Pivotal, said: “Jon’s appointment as chairman of Pivotal Financial Limited marks the start of our DA consolidation journey.
“Jon brings an extraordinary depth of experience from across the UK mortgage and financial services advisory landscape, and his longstanding connection to LSL, provides him with genuine insight into the Pivotal story and the ambitions that drive us.
“Chris Wallis, PFL’s CEO, and I are delighted to welcome Jon and look forward to working together and leveraging his deep industry knowledge, proven people leadership capabilities and familiarity with the regulatory landscape.”
Round added:“Pivotal has built something truly impressive in a short period of time – a growing, ambitious and entrepreneurial group of specialist advisers that puts adviser success and outstanding client outcomes at its heart.
“I have followed the group’s development with great admiration, and I am delighted to be joining as chairman of Pivotal Financial Limited at such an exciting moment.
“I look forward to working closely with Mayank, Chris and the wider Pivotal team as the group continues to go from strength to strength.”
