Openwork has appointed Richard Houghton as chief financial officer (CFO).

Houghton, who also joins the Openwork Holdings Limited Board, initially joined Openwork as Interim CFO in February this year.

He has more than 30 years’ experience in senior positions across the insurance and banking industry including chief financial officer, chief operating officer and non-executive director roles.

Belmont Green appoints CFO

Philip Howell, chief executive, Openwork, said: “We are delighted that Richard has elected to be our CFO for the long term. Since joining us in February, he has been instrumental in guiding the company and our partner firms successfully through the COVID-19 crisis.

“We will undoubtedly benefit from his extensive financial services as we take Openwork into a new era.”

Houghton added: “Since joining I have been immensely impressed with Openwork, which is an exciting business with a clear aspiration to grow and innovate.

“I look forward to building on the work of the last four months to support its ongoing expansion and development.”

Openwork Limited has over 4,000 financial advisers operating across the UK.