Warren Stephens is appointed by Trump as the US ambassador to the UK.

President-elect Trump appointed Warren A. Stephens, a businessman and philanthropist, as the U.S. ambassador to the Court of St. James, which represents the U.S. in the U.K.

"Warren, who has served as president, chairman, and CEO of Stephens Inc. for 38 years, has built a successful financial services firm while also giving back to his community as a philanthropist. Trump expressed his excitement about Warren's new role as the top diplomat representing the U.S.A. to one of America's most cherished allies."

Trump congratulated his wife Harriet, their children Miles, John, and Laura, and their six grandchildren.

The announcement comes as Trump continues to fill several positions in his administration.

The chairman, president, and CEO of the privately owned diversified financial services firm headquartered in Little Rock, Arkansas, is Trump's pick, according to the Stephens Inc. website.

Washington and Lee University is where Stephen earned his BA in economics. He later obtained an MBA from Wake Forest University.

Under Stephens’ leadership, the company expanded into major U.S. markets and opened offices in London, U.K., and Frankfurt, Germany.

As chairman of the NASD District Conduct Committee and a member of the Dillard's Inc. Board of Directors, Stephens has served in various leadership roles in the securities and retail industries.

Stephens has served as chair of the board for the Arkansas Museum of Fine Arts, the Arkansas Museum of Fine Arts Foundation Board, the Episcopal Collegiate School Foundation Board, and the Board of Directors for the Central Arkansas Boys and Girls Club, among other community and civic involvements.

The Senate will have to confirm Stephens' position.