Close Brothers Group PLC Appointment of Group Finance Director (7705S)
June 27 2018 - 5:41AM
UK Regulatory
TIDMCBG
RNS Number : 7705S
Close Brothers Group PLC
27 June 2018
Appointment of Group Finance
Director
-------------------------------
Close Brothers appoints Mike Morgan as Group Finance
Director
Close Brothers Group plc ("Close Brothers" or "the Group") is
pleased to announce the appointment of Mike Morgan as Group Finance
Director and an executive member of the Board of Directors. Mike's
appointment is expected to be effective after the Annual General
Meeting in November 2018, and is subject to the usual regulatory
approvals.
Mike has been Chief Financial Officer of Close Brothers' Banking
Division and a director of Close Brothers Limited, the Group's
Banking subsidiary, since November 2010. He is also a member of
both the Group and Banking Executive Committees. Mike will retain
these responsibilities as part of his new role as Group Finance
Director.
Prior to joining Close Brothers, Mike held a number of roles at
Scottish Provident and RBS, most recently as Finance Director of
the Wealth Management Division of RBS.
As previously announced, Jonathan Howell, current Group Finance
Director, will remain in his role until the Annual General Meeting
in November, and he will be working closely with Mike during this
period to ensure a smooth transition.
Preben Prebensen, Chief Executive, said:
"I am delighted to be welcoming Mike to the Board and to the
role of Group Finance Director.
During his eight years with the Group, Mike has provided very
effective leadership of the Banking finance, IT and operations
teams, with an excellent track record of delivery. He brings deep
knowledge of the Group and its markets, and his appointment ensures
strong continuity in the Group's leadership team.
I look forward to working closely with Mike to continue building
on the Group's successful business model for future years."
There is no further information which requires disclosure under
LR 9.6.13.
Enquiries
Investor Relations, Close 020 7655
Sophie Gillingham Brothers Group plc 3844
Company Secretary, Close 020 7655
Alex Dunn Brothers Group plc 3280
020 7379
Andy Donald Maitland 5151
About Close Brothers
Close Brothers is a leading UK merchant banking group providing
lending, deposit taking, wealth management services and securities
trading. We employ over 3,200 people, principally in the UK. Close
Brothers Group plc is listed on the London Stock Exchange and is a
member of the FTSE 250.
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END
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