Alpha FMC's founder Nick Kent steps down from board

25 August 2020 2 min. read
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Nick Kent, the founder of Alpha FMC, has stepped down from the board and will transition to a senior advisor role. 

After serving Accenture for fourteen years, latterly as a senior partner and head of the firm’s UK asset management practice, Kent launched Alpha FMC in 2003. He led the firm as Chief Executive Officer until 2013, and under his leadership Alpha FMC grew into one of the more respected specialist consultancy firms to the asset and wealth management industry.

Seven years ago, he passed on the Chief Executive Officer role to Euan Fraser, who joined the consultancy from KPMG shortly after it launched, and became a Non-Executive Director. Over the past seven years, Alpha FMC accelerated its growth (backed by private equity), went public on the AIM market (the firm received its listing 2017) and grew its team to over 400 consultants globally, operating from 12 offices spanning the UK, Europe, North America and Asia. 

Nick Kent, Founder of Alpha FMC

Kent has over 30 years of consulting experience, including all aspects of the asset and wealth management business, with particular emphasis around addressing complex operations and IT issues. He has led projects in the UK, the US, Switzerland and the Netherlands, among others. 

He resigns from his Non-Executive Director role per 1 September 2020, and will continue to support the Board as a Senior Advisor. “The Board would like to thank Nick for his important contributions to Alpha FMC’s success, managing the business through a significant chapter of growth and expansion,” said CEO Fraser in a statement.

In his advisor capacity, Kent will advise leaders on strategy, offerings and projects, and continue to meet with a wide array of clients and service providers to the industry.

Alongside CEO Fraser and Non-Executive Director Kent, other members of Alpha FMC’s Board of Directors are CFO John Paton, and Non-Executive Directors Ken Fry, Penny Judd, and Jill May. The Board oversees the firm’s nine-strong Executive Team.