Kimberley Campbell, head of growth at Seccl, will be leaving the investment platform to join Parmenion as commercial development director, FT Adviser has learned.
It was confirmed to FTAdviser today (February 6) that Campbell will be joining Parmenion in April 2024 and will report to chief commercial officer, Mike Morrow.
Campbell joined Seccl in May 2023 to lead Seccl’s sales and platform launch efforts, prior to this appointment she was head of strategic partnerships at Origo.
Speaking to FT Adviser, Morrow said: “We are delighted that Campbell is joining us. I previously worked with her when she was at Origo and so we know her ability to run strategic relationships with big partners.
"That was something that was very attractive to us when we were looking for somebody to come run a commercial development function here at Parmenion.”
Morrow could not confirm the reasons behind Campbell’s departure after just 10 months at Seccl but he said Parmenion was keen to bring her on board.
He added: “We have always maintained contact and a good relationship with Campbell and maybe we just got her at the right time in terms of the conversations we were having.”
David Ferguson, CEO at Seccl, said: "Kim’s great, helped open a load of doors and played a part in setting us up to grow the business 10-20x over the next 2-3 years. We hope she remembers her Seccl time fondly."
A Companies House filing, published back in February 2023, showed Seccl had quadrupled the number of active clients on its books, but pre-tax losses had nearly doubled from £3.6mn to £6.3mn.
In the filing, it said "there is felt to be insufficient certainty of profits in the near future".
Ferguson told FTAdviser at the time the platform’s performance in the past financial year was in line with expectations.
It also said the firm “previously faced significant risks” around availability of capital but that that capital provided by investor Octopus has reduced this risk.
In August 2019, Octopus Investments purchased Seccl for £10mn, Octopus chief executive Ruth Handcock is also chair of Seccl.
alina.khan@ft.com
