Close Brothers Group PLC Directorate Change (6837E)
July 09 2021 - 1:00AM
UK Regulatory
TIDMCBG
RNS Number : 6837E
Close Brothers Group PLC
09 July 2021
Directorate change
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The board of directors of Close Brothers Group plc ("Close
Brothers" or the "C ompany") is pleased to announce the appointment
of Tesula Mohindra as an independent non-executive director with
effect from 15 July 2021.
On joining the board, Tesula will become a member of the board's
Audit and Risk Committees. At the same time, and consistent with
the Company's other independent non-executive directors, she will
also become a director of the Company's Banking subsidiary, Close
Brothers Limited.
Tesula has over 25 years' experience in the financial sector.
She qualified as a chartered accountant with
PricewaterhouseCoopers, and has since held senior executive and
advisory roles in the banking, insurance and pension fund sectors.
She has deep financial and commercial expertise gained in a broad
range of organisations, from investment banks to start-ups.
Tesula was previously a Managing Director at JP Morgan and at
UBS, specialising in corporate finance for financial institutions
and pension fund risk management. She was also a founding member of
the management team of Paternoster, the specialist bulk annuity
insurer, where she was Business Development Director and a member
of the Executive Committee. Since then she has worked as an
independent financial consultant advising on business plans and
capital raising. Tesula is also an independent non-executive
director on the board of NHBC (National House-Building Council) and
a trustee of Variety, the Children's Charity.
Mike Biggs, Chairman of Close Brothers, commented: "I am
delighted to welcome Tesula to the Close Brothers board. She brings
extensive finance and commercial expertise gained in a variety of
areas. Her appointment further strengthens the range of skills,
expertise and backgrounds on the board. I look forward to working
with Tesula in the years ahead."
Tesula Mohindra said: "I am very pleased to be joining the board
of Close Brothers. I have been impressed by the company's model,
distinctive culture and its ongoing support for customers, partners
and employees in response to COVID-19. I look forward to working
with the board and senior management to contribute to the
continuing success and development of the group."
No other information is required to be disclosed pursuant to
paragraph 9.6.13R of the Listing Rules in relation to Tesula's
appointment as a director of Close Brothers.
Enquiries
Company Secretary and Head
of Legal
(Corporate & Bank Retail)
Alex Dunn Close Brothers Group plc 020 3857 6057
Director of Investor Relations
Sophie Gillingham Close Brothers Group plc 020 3857 6574
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 3,700 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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