Kingswood Holdings, a U.K.-based wealth manager with about $2.5 billion in assets under management, has appointed Najib Canaan as U.S. CEO of the firm.

Canaan, who will be based in New York, will join the newly restructured Kingswood Investment Committee to expand the firm’s U.S. presence.

Canaan has more than 30 years of experience in the investment industry. Most recently, he was CIO of Marinus Capital Advisor, an alternative investment management firm Canaan founded in 2010. 

Kingswood Holdings Ltd. is an integrated wealth management firm founded in 2011. The firm has offices throughout the U.K. and in Johannesburg, South Africa.