Blacktower Financial Management has appointed Peter Salkeld as joint managing director, following his approval by the Financial Conduct Authority (FCA), effective immediately.

In a statement on 7 July, the international financial advisory group said Salkeld has been an integral part of Blacktower Financial Management, working alongside Ritchie Salkeld, UK managing director, and actively contributing to the company's business activities for the past nine months.

As joint managing director, Peter will assume broader responsibilities for Blacktower Financial Management, reporting directly to the group chairman and group managing director. 

John Westwood, group chairman, said: "I'm very pleased to announce that Peter Salkeld has been approved by the FCA as Joint Managing Director of Blacktower Financial Management Ltd.

"Peter's promotion is a testament to his outstanding contributions and commitment to our company. We congratulate him on this achievement and wish him the best of luck in his new role."