Man Group plc Directorate Change (2019C)
January 15 2015 - 2:00AM
UK Regulatory
TIDMEMG
RNS Number : 2019C
Man Group plc
15 January 2015
Man Group appoints John Cryan as Non-Executive Director
London, 15 January 2015 - Man Group plc is pleased to announce
the appointment of John Cryan to the Board as a Non-Executive
Director with immediate effect.
Mr Cryan, 54, has extensive experience at leading global
financial institutions and brings excellent knowledge of the
regulatory environment in which Man Group operates. He held a
number of senior roles at UBS AG over a career spanning more than
25 years with the banking group including serving as Group Chief
Financial Officer between 2008 and 2011. Mr Cryan was also Chairman
and CEO of UBS AG EMEA between 2010 and 2011 and served as CEO of
UBS Limited, the bank's principal operating entity in the EU over
the same period. Between 2012 and 2014 Mr Cryan was President of
Temasek International's European operations.
In addition to the expertise gained in executive roles, Mr Cryan
brings valuable experience from his Non-Executive positions. He is
currently a member of the supervisory board of Deutsche Bank AG,
Chairman of Deutsche Bank's Audit Committee and a member of the
Bank's Risk Committee. He is also Chairman of ST Asset Management
Pte Ltd, a specialised structured credit investment manager, a
member of the Board of Tana Africa Capital Limited and an advisory
senior director for Temasek Europe.
Jon Aisbitt, Chairman of Man Group, said:
"We warmly welcome John to Man Group's Board. His insights and
extensive technical knowledge of international financial markets,
including the regulatory backdrop, will enhance and strengthen our
Board. He is an experienced leader in our sector, having worked at
the top of the financial services industry through one of the most
challenging periods in recent history, and will be a highly valued
adviser to our executive team. I very much look forward to working
with him."
There are no further disclosures to be made pursuant to Listing
Rule 9.6.13R in respect of Mr Cryan's appointment.
***
Enquiries:
Rosanna Konarzewski
Global Head of Communications
+44 20 7144 2078
rosanna.konarzewski@man.com
Fiona Smart
Head of Investor Relations
+44 20 7144 2030
fiona.smart@man.com
Finsbury (UK enquiries)
James Bradley/Michael Turner
+44 207 251 3801
ManGroupUK@Finsbury.com
Notes to editors:
About Man Group
Man Group is a leading investment management business with a
diverse offering in hedge funds and long only products across
equity, credit, managed futures, convertibles, emerging markets,
global macro and multi-manager solutions. At 30 September 2014, Man
Group's funds under management were $72.3 billion. The original
business was founded in 1783. Today, Man Group is listed on the
London Stock Exchange and is a constituent of the FTSE 250 Index
with a market capitalisation of around GBP2.9 billion. Man Group
also supports many awards, charities and initiatives around the
world, including sponsorship of the Man Booker literary prizes.
Further information can be found at www.man.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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