NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Kingswood
Acquisition Corp. (NYSE: KWAC.U) ("KWAC") announced that the Board
of Directors appointed David Hudd to
serve as Executive Director and General Counsel of the Company,
effective February 19, 2022.
Hudd, a member of the KWAC Board of Directors since November 19, 2020, brings 40 years of global
legal and transactional experience to his new role. Hudd will work
alongside Michael Nessim, CEO and
Gary Wilder, Executive
Chairman.
"We are excited to have David take on the responsibilities of
Executive Director and General Counsel at KWAC," said Nessim. "His
stellar reputation and industry knowledge gained over the past four
decades will be invaluable to us as we continue to take advantage
of the incredible opportunities in the marketplace and to grow the
firm."
Hudd is non-executive Chairman of and Legal Consultant to
Kingswood Holdings Limited. He is also Senior Counsel and a
former Partner of Hogan Lovells, where he served as its Deputy CEO
from July 2014 to July 2020. After working at another City of London law firm and then spending over
nine years in investment banking, Hudd joined Lovells (now Hogan
Lovells) as its first dedicated capital markets partner in 1994 to
establish the firm's structured finance practice. Before his
appointment as Deputy CEO, he led the firm's global finance
practice.
Hudd graduated with an MA in Jurisprudence from Oxford University and is qualified as a
solicitor.
About KWAC
Kingswood Acquisition Corp. is a blank check company, also
commonly referred to as a special purpose acquisition company, or
SPAC, formed for the purpose of effecting a merger, share exchange,
asset acquisition, share purchase, reorganization or similar
business combination with one or more businesses or entities. The
Company intends to identify a target business in the financial
services industry with a focus on delivering differentiated
financial services in the wealth management, financial advisory and
investment management sectors to the mass affluent and private
client investor community. Kingswood Acquisition Corp. is led by
Gary Wilder, Group CEO of Kingswood
(AIM: KWG) and Executive Chairman of Kingswood US, who serves as
Executive Chairman and Director, and Michael Nessim, President of Kingswood US and
CEO of Benchmark Investments, who serves as CEO and Director.
Kingswood Acquisition Corp.'s Board of Directors includes
Larry Roth, managing partner of RLR
Strategic Partners LLC, a consulting firm to senior management
teams, boards of directors and advisory boards of wealth management
firms and former Chief Executive Officer of Cetera Financial
Group.
Contact:
Donald Cutler
dcutler@haventower.com
424-317-4864
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SOURCE Kingswood Acquisition Corp.