TIDMSL.

RNS Number : 1770D

Standard Life plc

04 July 2016

Standard Life plc

Board Change

The Board of Standard Life plc ('Standard Life') announces that John Devine has been appointed as a Non-Executive Director with effect from 4 July 2016.

Commenting on his appointment, Sir Gerry Grimstone, Chairman of Standard Life, said:

"I am delighted that John has agreed to join our Board. His experience and background in operations and technology as well as his board experience make him an ideal addition as we continue to build a world class investment company".

At the same time as he joins the Board of Standard Life, John Devine will be appointed as a member of the Remuneration Committee and the Risk and Capital Committee.

John Devine has been a director of Standard Life Investments (Holdings) Limited since September 2012 and its Chairman since April 2015.

Following this appointment, the Board of Standard Life will comprise four executive directors, seven non-executive directors and the Chairman. The Board will be made up of three women and nine men. The Financial Conduct Authority and the Prudential Regulation Authority have been notified of this appointment. John Devine's other appointments are listed below and no other information is required to be disclosed pursuant to paragraph LR 9.6.13R of the Listing Rules of the Financial Conduct Authority.

4 July 2016

Enquiries:

 
                                    +44 (0) 131 245 6165* 
 Media: Steve Hartley                +44 (0)771 248 6463 
                                    +44 (0) 131 245 8028* 
 Institutional Equity Investors:     +44 (0) 7515 298 
  Jakub Rosochowski                  608 
 Group Secretariat: Paul McKenna    +44 (0) 131 245 1168*

* Calls may be monitored and/or recorded to protect both you and us and help with our training. Call charges will vary.

END

Notes to Editors

John Devine

Non-Executive Director's Fee

John Devine's fee as a Non-Executive Director of Standard Life will be GBP73,500 per annum.

Interest in shares

As at the date of his appointment John Devine holds 1,321 shares in Standard Life plc.

 
 
 Biographical details: 
 Nationality:                        British 
 
 Education/Qualifications:           Preston Polytechnic, BA Hons 
                                     Geography (1981) 
                                     Member of the Chartered Institute 
                                     of Public Finance and Accounting 
                                     (1985) 
 
 Other Non-Executive Appointments: 
 2015 - Present                      GE Capital International Holdings 
                                      Non-Executive Director and Audit 
                                      Committee Chairman 
 
 2014 - Present                      Euroclear plc and Euroclear 
                                      Bank 
                                      Non-Executive Director 
 
 2013 - Present                      Citco Custody Limited 
                                      Non-Executive Director and Audit 
                                      Committee Chairman 
 
 Previous Non-Executive 
  and Advisory 
  Roles:                               Chairman Alquity Investment 
  2011 - 2014                          Management Limited 
  2006 - 2013                          Non-Executive Director of Omgeo 
  2008 - 2013                          Limited 
                                       Advisor to Asset Management 
                                       faculty at CASS Business School 
                                       and visiting lecturer on EMBA 
                                       program 
 
 Career summary: 
 2008 - 2010                         Threadneedle Asset Management 
                                      Limited 
                                      Chief Operating Officer 
 
 1998 - 2008                         Merrill Lynch and Co Inc 
                                      Various roles including: 
                                      SVP head of Global Operations 
                                      and Technology (London), 
                                      MD and FVP Global CFO Global 
                                      Markets and Investment Banking 
                                      (New York) 
                                      Senior MD - CFO International 
                                      (London) 
                                      FVP - CFO Global Operations 
                                      and Technology (New York)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 04, 2016 09:33 ET (13:33 GMT)

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