TIDMBPM
RNS Number : 8775P
B.P. Marsh & Partners PLC
06 September 2017
Date: 6(th) September 2017
On behalf of: B.P. Marsh & Partners Plc ("B.P. Marsh", the "Company" or the "Group")
B.P. Marsh & Partners Plc
Appointment of a New Non-Executive Director
The Board of B.P. Marsh & Partners Plc, the venture capital
provider to early stage financial services businesses (AIM: BPM),
is pleased to announce the appointment of Nicholas Granville Walker
as a Non-Executive Director and member of the Remuneration
Committee and Audit Committee with immediate effect.
Nick Walker, aged 56, has over 30 years' experience in the
Financial Services sector, beginning his career at the Bank of
America International in the European M&A Group where he was an
Analyst and later became appointed as Vice President. In 1988 he
moved to Citicorp Investment Bank Limited as Vice President and
Country Head of its Spanish M&A Team. Nicholas left Citicorp in
1991 to set up Socios Financieros S.A. Based in Madrid, Socios
Financieros is one of Spain's leading independent corporate finance
firms and has undertaken in excess of 250 transactions during its
26 years since formation.
The Board considers that Nick Walker's long track record in
European and international M&A will bring additional depth to
the Group and provide an excellent resource for the Management team
and looks forward to his contribution.
Commenting on the appointment, Brian Marsh OBE, Chairman of B.P.
Marsh, said:
"I am very pleased to welcome Nick to the Board; as well as
offering his wide-ranging experience of European M&A markets we
are confident that he will also provide a fresh perspective to the
Board as the Company grows and develops its global outlook."
On his appointment Nick said: "I am very much looking forward to
increasing my involvement with B.P. Marsh, having worked together
over recent years in relation to its investment in Summa,
culminating in my appointment to the Summa Board in February of
this year. I hope to be able to contribute additional expertise to
the B.P. Marsh Board in particular in relation to any potential
disposal opportunities and expansion plans."
Nicholas Granville Walker:
Current Directorships Former Directorships
/ Partnerships / Partnerships (past
5 years)
Ardingly College Limited N/A
Inversiones Socios, SA
Saint Teresa Square Investments
Limited
Socios Financieros, SA
Summa Insurance Brokerage,
SL
Templeco 670 Limited
Tenencias Socios, SA
There are no further matters in connection with the Company's
appointment of Nick Walker to be disclosed under Rule 17 or
Schedule Two paragraph (g) of the AIM Rules for Companies.
For further information:
B.P. Marsh & Partners Plc www.bpmarsh.co.uk
Brian Marsh OBE / Camilla Kenyon +44 (0)20 7233 3112
Nominated Adviser & Broker
Panmure Gordon
Atholl Tweedie / Charles Leigh-Pemberton / Adam James +44 (0)20 7886 2500
About B.P. Marsh & Partners Plc
B.P. Marsh's current portfolio contains fourteen companies. More
detailed descriptions of the portfolio can be found at
www.bpmarsh.co.uk.
Since formation over 25 years ago, the Company has assembled a
management team with considerable experience both in the financial
services sector and in managing private equity investments. Many of
the directors have worked with each other in previous roles, and
all have worked with each other for at least five years.
Prior to Brian Marsh's involvement in the Company, he spent many
years in insurance broking and underwriting in Lloyd's as well as
the London and overseas market. He has over 30 years' experience in
building, buying and selling financial services businesses,
particularly in the insurance sector.
Alice Foulk joined B.P. Marsh in September 2011 having started
her career at a leading Life Assurance company. In 2014 she took
over as Executive Assistant to the Chairman, running the Chairman's
Office and established herself as a central part of the management
team.
In February 2015 she was appointed as a Director of B.P. Marsh
and a member of the Investment Committee. In January 2016 Alice was
appointed Managing Director of B.P. Marsh.
In her position as Managing Director, Alice is responsible for
the overall performance of the Company and monitoring the Company's
overall progress towards achieving the objectives and goals of the
Company, as set by the Board.
Dan Topping is the Chief Investment Officer of B.P. Marsh,
having been appointed as a Director in 2011. He joined the Company
in February 2007, following two years at an independent London
accountancy practice. Dan is the Senior Executive with overall
responsibility for the portfolio and investment strategy of B.P.
Marsh.
Dan graduated from the University of Durham in 2005 and is a
member of the Securities and Investment Institute and the Institute
of Chartered Secretaries and Administrators.
Dan is a standing member of the B.P. Marsh Investment and
Valuation Committees and currently serves as a Board Director
across the portfolio.
Camilla Kenyon was appointed as Head of Investor Relations at
B.P. Marsh in February 2009, having four years' prior experience
with the Company. She was appointed to the main board in 2011.
Camilla is Chair of the New Business Committee evaluating new
investment opportunities. She acts as a nominee director and is a
standing member of the Investment Committee. She is a Member of the
Investor Relations Society.
Jonathan Newman is a Chartered Management Accountant and is the
Group Director of Finance and has over 17 years' experience in the
financial services industry. Jon graduated from the University of
Sheffield with an honours degree in Business Studies and joined the
Group in November 1999, following two years at Euler Trade
Indemnity and two years at a Chartered Accountants. Jon is a Member
of the Chartered Global Management Accountants, the Chartered
Management Accountants and the Chartered Institute of Securities
and Investment.
Jon was appointed a Director of B.P. Marsh & Company Limited
in September 2001, and Group Finance Director in December 2003 and
was instrumental in the admission of the Group to AIM in February
2006. Jon is a member of the B.P. Marsh Investment and Valuation
Committees and currently serves as a Board Director for Walsingham
Motor Insurance Limited, and provides senior financial support and
advice to all companies within the Group's portfolio as well as
evaluating new investment opportunities.
- Ends -
This information is provided by RNS
The company news service from the London Stock Exchange
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