Appointment of Director
November 22 2007 - 1:01AM
UK Regulatory
RNS Number:2297I
Invocas Group plc
22 November 2007
22 November 2007
INVOCAS GROUP PLC
("Invocas" or "the Group")
Appointment of Non Executive Director
The Board of Invocas is pleased to announce the appointment of David Roy
Macmillan as an independent non-executive director of the Group with effect from
21 November 2007. David has extensive knowledge of the City and the financial
services sector. Until recently David was with the Standard Life Group, having
spent 16 years in a variety of roles culminating in a position as UK Retail
Director. He recently joined Barrie & Hibbert Ltd, a leading financial risk
consultancy based in the UK and the USA, where he has assumed the role of Chief
Executive.
David joined Standard Life in 1991 as a graduate management trainee. In 1998, as
Head of Corporate Development, he joined the start-up team at Standard Life Bank
to take charge of sales and marketing. David spent the next seven years playing
a major role in shaping and directing the multi-award winning telephone and
internet bank, becoming Sales and Marketing Director in 2000 and joining the
Board in 2003. By the time David left the Bank in 2005 to rejoin the parent
business, the bank had over #14bn of assets under management.
In 2005, David was appointed UK Retail Director at Standard Life Group, ahead of
the company's Stock Market floatation in July 2006. He was tasked with
identifying and validating growth and productivity synergies across the core UK
insurance, investment, banking and healthcare operations.
Commenting on the appointment, Howard Bell, Chairman of Invocas, said:
" We are delighted to welcome David to the Board. David has a great track record
managing sustained growth in innovative financial services companies. His
particular experience in finance services, marketing and product distribution at
the highest level will further strengthen our Board and will be of benefit to
the wider business as we continue to expand the scale and scope of our personal
and corporate debt solutions. We look forward to his contribution to the next
stage of our development."
There is no information in relation to Mr. Macmillan's appointment required
pursuant to Schedule 2 paragraph (g) of the AIM rules for Companies other than
as follows:
Current Directorships:
Barrie & Hibbert Limited
Previous Directorships (within last five years):
Standard Life Bank Limited
Website: www.invocas.com
For further information:
Invocas Group plc Tel: 0131 222 2460
John Hall, Chief Executive
Stephen Lightley, Finance Director
Fishburn Hedges Tel: 020 7544 3133 or 07747 113 930
(Financial PR Adviser) invocas@fishburn-hedges.co.uk
James Benjamin
Charles Stanley Securities Tel: 020 7149 6000
(Nominated Adviser)
Philip Davies
Henry Fitzgerald-O'Connor
Notes to editors
Invocas is one of the UK's leading providers of personal and corporate debt
solutions. Its Personal Insolvency Division is firmly established as a leading
provider of Protected Trust Deeds (Scottish equivalent of IVAs). Its Corporate
Services Division has grown rapidly in recent years and enjoys an excellent
reputation in the Scottish market place.
Invocas applies stringent minimum case acceptance criteria to Trust Deeds. It
will only accept a case if it is likely to progress smoothly to completion and
result in a successful outcome which balances the interests of both the indebted
individual and their creditors.
The Group's Newtomorrow service aims to provide indebted individuals with the
right advice, first time, every time. This is achieved in a caring and
professional manner by a team of highly experienced debt advisors delivering
front line advice. Further information on Newtomorrow can be found at
www.newtomorrow.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOABBBFTMMBTBFR
Invocas (LSE:INVO)
Historical Stock Chart
From Oct 2024 to Nov 2024
Invocas (LSE:INVO)
Historical Stock Chart
From Nov 2023 to Nov 2024
Real-Time news about Invocas (London Stock Exchange): 0 recent articles
More Invocas Group Plc News Articles