Directorate Change

RNS Number : 2605B

B.P. Marsh & Partners PLC

05 January 2015

 

Date:                            5^th January 2015

On behalf of:                 B.P. Marsh & Partners Plc

Immediate release

B.P. Marsh & Partners Plc

("B.P. Marsh" or "the Company")

Appointment

B.P. Marsh & Partners Plc (AIM: BPM), the niche venture capital provider to early stage financial services businesses, is pleased to announce the appointment of Campbell Richard Scoones as Non-Executive Deputy Chairman with effect from 5^th January 2015.

Campbell Scoones, aged 67, was appointed as a Non-Executive Director of B.P. Marsh in April 2013 and has over 40 years' experience in the Lloyd's and overseas insurance broking and underwriting markets. Campbell has worked for a number of Lloyd's insurance broking and underwriting firms during this time, including, inter alia, Nelson Hurst & Marsh Group, Admiral Underwriting, Marsh & McLennan Companies and Encon Underwriting. 

Commenting on this appointment, Brian Marsh OBE, Chairman of the Company, said: "I am delighted that Campbell Scoones is taking on the role as the Non-Executive Deputy Chairman of B.P. Marsh. As part of the Company's succession strategy, the Board felt that the time was right to develop this new position to take the business forward and Campbell is the ideal individual for this role."  

Commenting on his appointment, Campbell Scoones stated: I am greatly looking forward to taking an increased role with the Company going forward, especially considering that 2015 should be another exciting year for B.P. Marsh."

Campbell owns 35,800 Ordinary Shares in B.P. Marsh which were purchased at the Company's IPO in February 2006.

For further information:

B.P. Marsh & Partners Plc                                                                         www.bpmarsh.co.uk

Brian Marsh OBE                                                                                             [phone]

Nominated Adviser & Broker

Panmure Gordon

Fred Walsh / Charles Leigh-Pemberton / Atholl Tweedie                                   [phone]

Notes to Editors:

About B.P. Marsh & Partners Plc

B.P. Marsh's current portfolio contains twelve companies. More detailed descriptions of the portfolio can be found at www.bpmarsh.co.uk.

Since formation over 20 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.

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. Jonathan advises investee companies and has a number of non-executive appointments over three investee companies and evaluates new investment opportunities.

Daniel Topping is a Member of the Chartered Institute of Securities and Investment (MCSI) and an Associate of the Institute of Chartered Secretaries and Administrators (ACIS), having graduated from the University of Durham in 2005. Dan joined B.P. Marsh in February 2007 having started his career at an accountancy firm. In 2011 he was appointed as a director of B.P. Marsh and currently has a number of non-executive appointments over six investee companies and evaluates new investment opportunities.

Camilla Kenyon was appointed as Head of Investor Relations at B.P. Marsh in February 2009, having four years' prior experience with the Company. Camilla has a number of non-executive appointments over two investee companies, is Chair of the New Business Committee and is a Member of the Investor Relations Society.

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