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Killik loses Kavanagh after exec departs to set up own venture
CITY stockbroker and wealth manager Killik announced a major departure yesterday with partner Paul Kavanagh set to leave at the end of this year with two colleagues to set up his own company.
Kavanagh, chief investment officer at Killik and chairman of Killik & Co’s capital division, will leave the company on 31 December 2014, along with colleagues Kareem Khouri and John Prior, with the three having a combined 55 years experience at the firm.
“Making the decision to start a new venture is never taken lightly,” Kavanagh said.