Directorate Change

RNS Number : 2899U

Standard Life plc

15 October 2014

 



Standard Life plc

Board Change

The Board of Standard Life plc ('the Company') announces that Isabel Hudson has been appointed as a non-executive director of the Company with effect from 15 October 2014.

Commenting on her appointment Sir Gerry Grimstone, Chairman of the Company, said:

"I am very pleased that Isabel Hudson has agreed to join our Board.  As well as her strong knowledge of the UK life insurance and pensions markets, she will bring wide-ranging international experience as a non-executive director".

At the same time as she joins the Board, Isabel will be appointed as a member of the Audit Committee and the Risk and Capital Committee.

Following this appointment, the Board of Standard Life plc will comprise three executive directors, eight non-executive directors and the Chairman.  The Board will be made up of three women and nine men. Regulatory approval for Isabel Hudson's appointment has been obtained.  Her 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.

15 October 2014

Enquiries:

Media: Steve Hartley	[phone]* [phone]
Institutional Equity Investors: Jakub Rosochowski	[phone]* [phone]
Group Secretariat: Kenneth Gilmour	[phone]* [phone]

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

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Notes to Editors

Isabel Hudson

Director's Fee

Isabel Hudson's fee as a non-executive director of the Company will be £71,400 per annum.

Interest in shares

As at the date of her appointment Isabel Hudson does not hold any shares in Standard Life plc.

Biographical details:
Nationality:	British
Education/Qualifications:	MA, French and German Lady Margaret Hall, University of Oxford
Other Non-Executive Appointments: Current	BT Group plc (effective November 2014) Phoenix Group Holdings (2010), QBE Insurance Group Ltd (2005) - Remuneration Committee Chairman National House Building Council (2011) - Chairman Ambassador for the disability charity SCOPE
Previous	MGM Advantage - 2010-2013 - Audit Committee Chairman The Pensions Regulator 2009-2014 - Remuneration Committee Chairman Standard Life Assurance Limited 2009-2012 - With Profits Committee Member Fineos - 2002-2006
Career summary:
2006-2008	Synesis Life, Chief Executive Officer
2002-2006	Prudential, Corporate Partnerships Director, Europe
1999-2002	Eureko, Chief Financial Officer
1996-1999	GE Capital, Development & International Director, GE Insurance UK
1993-1995	Lloyd's of London, Head of European Development and Operations
1981-1993	Royal Insurance Group, progressed from Graduate Trainee to Underwriting Manager, Special Accounts, Royal Global

 

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