Legg Mason announces National Key Account Manager and Head of Sydney Office

Legg Mason has announced the appointment of Matt Stovold as national key account manager and head of the Sydney office.

His appointment follows the news of the firm's expansion of its distribution base in Australia with a recently opened Sydney office.

Reporting to head of sales, Beau Titchkosky, Stovold will have responsibility for driving retail distribution and key partner relationship management across New South Wales and Queensland, as well as heading the Sydney based office.

With over 20 years' experience in the finance industry, Stovold joins Legg Mason having worked recently at Private Wealth Management firms such as UBS Wealth Management, where he was a managing director from April 2014 until June 2016, and JBWere Private Wealth Management, where he was the head of advice from 2010 until 2013. Prior to holding these positions, Stovold built his career within Asset Management at Goldman Sachs JBWere, where he was a partner of the firm and the head of retail.

Commenting on Stovold's appointment, Titchkosky said: "We are very pleased to welcome Matt to the Legg Mason team...a proven team player, his deep understanding of the goals and objectives of the Australian funds management sector, as well as his strong business acumen, will be a significant asset to our clients, partners and team."

Stovold added: "I am delighted to join the Legg Mason team. The firm has a well-established reputation in the industry and a range of high quality, award-winning investment strategies. I am excited to work with key accounts and their advisers to help develop the best solutions to meet their clients longer term objectives."