M&G PLC M&G plc Appoints Non-Executive Director (2830U)
December 02 2021 - 4:59AM
UK Regulatory
TIDMMNG
RNS Number : 2830U
M&G PLC
02 December 2021
M&G PLC NEWS RELEASE
2 December 2021
M&G PLC APPOINTS NON-EXECUTIVE DIRECTOR
M&G plc today announces the appointment of Dev Sanyal as a
Non-Executive Director. He will join the Board on 16 May 2022.
Mr Sanyal was recently appointed as Chief Executive Officer of
VARO Energy Group AG, a leading European energy transition company,
effective 1 January 2022. He has been a member of bp's group
executive committee for over a decade in a 32-year career with the
company and will be leaving bp on 31 December 2021. He has headed
the Gas and Low Carbon Energy business globally and has been Chief
Executive, Alternative Energy as well as Group Treasurer and
Chairman, bp Investment Management Ltd. He led bp's entry in solar
and offshore wind energy, expanding its bioenergy and onshore wind
businesses as well as building businesses in hydrogen and gas and
power.
Mr Sanyal has been an independent non-executive director of Man
Group plc since 2013 and will step down from that Board in
2022.
Fiona Clutterbuck, interim Chair of M&G plc, commented: "Dev
is an excellent addition to our Board. His profound knowledge of
sustainable energy and his financial experience will be invaluable
to us as we embed sustainability across our business."
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Enquiries:
Media Investors/Analysts
Richard Miles +44 (0)7833 481923 Luca Gagliardi +44 (0)20 8162 7307
Jonathan Miller +44 (0)20 8162 0165
Notes to Editors:
Disclosures
Mr. Sanyal holds no interest in any shares of M&G plc. Mr.
Sanyal is considered to be independent for the purposes of the UK
Corporate Governance Code. Save as disclosed above, there is no
further information required to be disclosed pursuant to Listing
Rule 9.6.13 (1) - (6) of the Listing Rules of the Financial Conduct
Authority.
About M&G plc
M&G plc is an international savings and investments
business, managing money for around 5 million retail customers and
more than 800 institutional clients in 28 markets. As at 30 June
2021, we had GBP370 billion of assets under management and
administration.
With a heritage dating back more than 170 years, M&G plc has
a long history of innovation in savings and investments, combining
asset management and insurance expertise to offer a wide range of
solutions. We serve our savings and insurance customers under the
Prudential brand in the UK and Europe and under the M&G
Investments brand for asset management clients globally.
LEI: 254900TWUJUQ44TQJY84
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