The Board of Kvika Securities Ltd. (KSL) has appointed Richard Beenstock as the new CEO of KSL.
Richard Beenstock, who graduated from the University of Birmingham and is a Chartered Accountant, has over 20 years of experience in the UK financial markets in lending and investment activities. In 2013, Richard co-founded among others Ortus Secured Finance, an alternative credit provider specialising in property backed lending, that was later acquired by KSL and was its CEO until September 2023.
Gunnar Sigurdsson, who previously held the position, has requested to resign from KSL. Gunnar has led the development of Kvika's UK operations since its establishment in 2017. He will continue to carry out certain tasks for KSL and support the Company during the management change.