Lombard International has appointed a new chief executive of its US business.

Lombard International, the global wealth structuring firm, is pressing on with its US expansion and has named Michael Gordon as its new chief executive of the region.

Gordon takes the reins from John Hillman, who is now executive chairman of Lombard International globally following the integration of US-headquartered Philadelphia Financial with Luxembourg-headquartered Lombard International Assurance in September 2015.

Gordon was previously global head of insurance solutions at BNY Mellon and has also served as CEO of Tiber Capital Management, where he managed assets for insurance and reinsurance companies. Earlier still, he was an executive at New York Life Insurance Company, leading investment and insurance product management, sales and marketing.

The US CEO appointment comes amid a series of strategic developments at Lombard International including the launch in September 2015 of its global life insurance-based wealth management business. This followed the integration of the aforementioned deal with Philadelphia Financial.

Gordon will spend time working at the firm's recently-launched New York City office as well as in Philadelphia, PA, “building on the momentum of Lombard’s efforts to cement itself in the Northeast region,” the firm said.

Lombard International provides wealth structuring solutions - using private placement life insurance and annuity products - to high net worth individuals, their families and institutions globally.