Directorate Change

RNS Number : 1648L

AJ Bell PLC

08 September 2021

 

RNS announcement

RNS classification - Directorate change

AJ Bell plc

Board committee changes

AJ Bell plc ("AJ Bell" or "Company"), one of the UK's largest investment platforms, today announces several changes to the membership of some Board committees with effect from 8 September 2021. These changes further strengthen the Company's governance structure following the recently announced additions to the Board.

Nomination Committee

·	Baroness Helena Morrissey will join the committee
·	Simon Turner and Eamonn Flanagan will step down from the committee
·	The other existing members, Les Platts (committee chair) and Laura Carstensen, will remain on the committee

Remuneration Committee

·	Margaret Hassall will join the committee
·	Les Platts will step down from the committee
·	The other existing members, Laura Carstensen (committee chair), Simon Turner and Eamonn Flanagan, will remain on the committee

Audit Committee

·	Evelyn Bourke and Margaret Hassall will join the committee
·	Simon Turner will step down from the committee
·	The other existing members, Eamonn Flanagan (committee chair) and Laura Carstensen, will remain on the committee

Risk and Compliance Committee

·	Baroness Helena Morrissey and Evelyn Bourke will join the committee
·	Laura Carstensen and Eamonn Flanagan will step down from the committee
·	The other existing members, Simon Turner (committee chair) and Les Platts, will remain on the committee

Following these changes, the membership of each committee will be comprised of independent non-executive directors and, where applicable, the Chair of AJ Bell.

Les Platts, Chair of AJ Bell, comments:

" These changes will further strengthen the Board as the business embarks on the next phase of its long-term growth. The diversification of the membership of its committees will enable the Board to continue to maintain effective oversight as the business grows. It will mean more work can be delegated to the committees, which will free up Board time to focus on strategic matters."

Contacts:

AJ Bell  

· Shaun Yates, Head of Investor Relations  [phone]

· Charlie Musson, Head of PR  [phone]

About AJ Bell:

Established in 1995, AJ Bell is one of the largest investment platforms in the UK.

We operate in both the advised and direct-to-consumer segments of the platform market and our flagship platform propositions are AJ Bell Investcentre (adviser) and AJ Bell Youinvest (direct-to-consumer).

We offer SIPPs, ISAs and General Investment / Dealing Accounts which provide access to a broad investment range including shares and other instruments traded on the major stock exchanges around the world, as well as all mainstream collective investments available in the UK and our own range of AJ Bell funds. We also offer a Cash savings hub which provides access to a range of competitive savings accounts to help people manage their cash savings.

We aim to make it easy for our customers to save and invest by providing them with online tools and information to help them build and manage their portfolios.

AJ Bell is headquartered in Manchester, UK.

 

END

 

 

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