Lomond welcomes new chief executive

Lettings and estate agency network Lomond has welcomed Paul Geddes as group chief executive as it enters its next phase of growth.

Paul joins following a senior executive career spanning financial services, insurance and wealth management, most recently serving as chief executive of Evelyn Partners.

During his time at the wealth management business, he led it through its £2.7 billion sale to NatWest Group. He has also previously served as chief executive of Direct Line Insurance Group and RBS’s UK retail banking division.

In his new role, Paul will initially focus on meeting Lomond’s teams, regional brands and clients across the country while helping shape its long-term growth strategy.

His priorities will include organic growth, operational development and further investment in technology and AI-enabled capabilities.

Paul said: “Today marks the beginning of an exciting new chapter for Lomond. 

“Since announcing my appointment, I have spent time learning more about the business and have been hugely impressed by the quality of our people, the strength of our regional brands and the scale of the opportunity ahead.

“Lomond has built something distinctive within the UK property sector: strong local brands with the scale of a national group behind them. 

“We operate in a market that continues to evolve, with customers expecting higher levels of service, greater convenience and more innovative solutions. 

“Our ambition is to be the most recommended property group in the UK, raising standards across the industry while helping our regional businesses grow and thrive.

“My immediate focus is on supporting, learning and working with colleagues across the company to understand what makes each business successful. 

“From that foundation, we will strengthen our position in the market and keep improving what we deliver for landlords, tenants, buyers and sellers.”

Lomond has more than doubled its portfolio since 2022, growing from around 34,000 to more than 70,000 properties under management.

The group has completed around 70 acquisitions to date and earlier this year expanded into Liverpool and the Thames Valley through the acquisitions of Homesure and Prospect.

Kate Swann, chair of Lomond, added: “We are delighted to officially welcome Paul to Lomond. 

“His track record of leading large, customer-focused organisations through periods of growth and transformation speaks for itself.

“Lomond has achieved a tremendous amount over recent years and we are confident that Paul will build on that success. 

“We are excited about what the next chapter will bring for our people, our customers and our partners.”

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