Bestinvest appoints UBS' Reid as COO

Bestinvest has recruited former UBS head of operations Donald Reid as chief operating officer.

Reid, who has over twenty years experience in the investment and wealth management industry, will take up the role from 1 September. He moves from his job as head of operations at UBS Wealth Management, which he has held since March 2007. There he led the successful migration to a new systems platform last year. Previously, Reid has also been operations director and finance director at Barclays Stockbrokers and Barclays Wealth Management. At Barclays, he was responsible for the integration of Charles Schwab. Peter Hall, chief executive, Bestinvest says:"Donald brings with hi...