We study locally conformally Berwald metrics on closed manifolds which are not globally conformally Berwald. We prove that the characterization of such metrics is equivalent to characterizing incomplete, simply-connected, Riemannian manifolds with reducible holonomy group whose quotient by a group of homotheties is closed. We further prove a de Rham type splitting theorem which states that if such a manifold is analytic, it is isometric to the Riemannian product of a Euclidean space and an incomplete manifold