Hoxton Capital Management has appointed Matt Tailford as commercial director in its Dubai office following his departure from the Sovereign Group where he sat on several boards. 

Tailford has worked in the financial services industry for over 20 years, starting as a graduate trainee with SunLife Financial of Canada in the UK. He then spent several years with a respected London-based financial advisory business attaining financial planning qualifications and moving into an advisory role. 

He moved to the UAE in 2009 and has worked in business development, technical and senior management roles. Notably, Matt spent almost ten years with the Sovereign Group, where he sat on several boards, including the wealth division, and helped to promote the company's brand and products to a global intermediary base. 

Chris Ball, Managing Partner at Hoxton said: "We are delighted to have Matt on board - his technical knowledge, industry experience and track record speak for themselves, and he will add tremendous value to our growth strategy going forward. I look forward to working with him on our future projects." 

In his new role, hewill be tasked with providing and strengthening the firm's technical know-how to its advisers and the business at large.  He will also work closely with the rest of the senior management team on strategy development and new ventures as the five-year-old company builds on its considerable achievements to date.

Tailford said: "Hoxton is a firm I know very well, run very well by individuals that I have a tremendous amount of respect for - I have always supported firms that give high-calibre advice and do the job correctly, with robust advice processes. Chris and the rest of the team have managed their rapid growth extremely well, and I look forward to playing my part in developing and implementing the strategy from here." 

The news comes quickly after Hoxton's recent announcement of its own EU license being granted by CySec, and follows news earlier this year of the firm surpassing the marker of £1bn under management - achieved in just under five years.