Sanne Group PLC Board Changes - Replacement (3523Z)
December 14 2017 - 4:41AM
UK Regulatory
TIDMSNN
RNS Number : 3523Z
Sanne Group PLC
14 December 2017
14 December 2017
The 'Board Changes' announcement released on 14/12/2017 at 09.30
under RNS No 3508Z was released in error and should be
disregarded.
SANNE Group plc
("the Company") together with its subsidiaries ("the Group" or
"SANNE")
NOTIFICATION OF BOARD CHANGES
SANNE announces that Mel Gerard Carvill will join the board of
the Company as an independent Non-Executive Director and Chair of a
new stand-alone Risk Committee. Mel will also join the Audit
Committee, the Nomination & Governance and Remuneration
Committees. These appointments will be effective from 1 January
2018.
Mel, a member of the Board of Directors of Home Credit B.V.,
where he is responsible for governance, investor and public
relations brings significant financial services industry experience
having served as a member of the top management team of Home
Credit's parent company, PPF Group, from 2009. Before joining PPF
Group, Mel worked across a range of sectors in the European
financial services industry working at Generali from 1985 until
2009 where he held a number of senior positions including Head of
Western Europe, Americas and Middle East, Head of M&A and Head
of International Regulatory Affairs, Head of Risk Management and
Head of Corporate Finance.
Rupert Robson, Chairman, said: "We are delighted that Mel will
be joining the Sanne Group plc board. He brings considerable risk
experience and will provide valuable insight as we strive to
establish the Group as one of the world's leading providers of
alternative asset and corporate administration services."
It has also been agreed that Phil Godley, Senior Managing
Director and a Board member since March 2015, will step down from
the Board on 1 January 2018. This will leave a majority of
independent non-executive directors, excluding the chairman, on the
Board. For the time being, the Board has decided that Phil's role
on the Board will not be replaced.
Rupert Robson, Chairman said: "I would like to thank Phil for
his significant contribution to the Board's discussions in the
years since the IPO."
The new Board Committees structure demonstrates our focus on
Corporate Governance and the membership of the committees from 1
January 2018 following this appointment will be as follows:
Audit Committee Andy Pomfret (Chair)
Nicola Palios
Mel Carvill
Risk Committee Mel Carvill (Chair)
Rupert Robson
Nicola Palios
Andy Pomfret
Remuneration Committee Nicola Palios (Chair)
Andy Pomfret
Mel Carvill
Nomination & Governance
Committee Rupert Robson (Chair)
Nicola Palios
Andy Pomfret
Mel Carvill
-----------------------------------------------
There is nothing further to disclose in relation to the
appointment under LR9.6.13 of the Listing Rules.
Enquiries:
Sanne Group plc
LEI: 2138005UBLKEZRITH576
Dean Godwin, Chief Executive
Officer
Spencer Daley, Chief Financial
Officer +44 (0) 1534 722 787
Tulchan Communications LLP
Tom Murray
Matt Low +44 (0) 20 7353 4200
Notes:
SANNE provides administration, reporting and fiduciary services
to leading alternative asset managers, financial institutions,
family offices and corporates.
The Group employs more than 1,200 people worldwide and
administers structures and funds that have in excess of GBP200
billion of assets.
The Group has a presence in 15 established strategic locations
spread across the Americas, EMEA and Asia-Pacific.
SANNE is listed on the Main Market of the London Stock
Exchange.
sannegroupplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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