Directorate Change

RNS Number : 4556F

Brooks Macdonald Group PLC

21 February 2018

 

21 February 2018

BROOKS MACDONALD GROUP PLC

Appointment of Group Finance Director

Brooks Macdonald Group PLC ("Brooks Macdonald" or "the Group") is pleased to announce that Ben Thorpe will be joining the company as Group Finance Director on 20 August 2018, subject to regulatory approvals.

Ben has 18 years' experience in financial services, most recently as Head of Finance at Brewin Dolphin Holdings PLC where he was responsible for Group Financial Planning & Analysis, Financial Control, Tax and Treasury, and led a programme to upgrade and restructure the Group's Finance function.  He has also held senior finance positions at Standard Bank and Barclays Capital, having worked for Royal Bank of Scotland and Morgan Stanley earlier in his career.  Ben is a graduate of the London School of Economics and a Chartered Management Accountant.

Caroline Connellan, Chief Executive of Brooks Macdonald, commented:

"We are delighted that Ben will be bringing his considerable finance and industry experience to assist in delivering our strategy and driving business performance over the coming years.  He is an important addition to our leadership team and will play a major role in positioning the business for further growth and in the delivery of improved operating margins over the medium term."

Chris Knight, Chairman of Brooks Macdonald, commented:

 "I look forward to welcoming Ben to the Board when he joins us later this year.  His fresh insight and broad industry perspective will be invaluable as we build on the company's success to date and capture the opportunities we see in our next phase of growth."

There are no additional disclosures required for Benjamin (Ben) Lee Thorpe, aged 41, under Rule 17 and Schedule 2, paragraph (g) of the AIM Rules for Companies.

ENDS

Enquiries to:

Brooks Macdonald Group plc	www.brooksmacdonald.com
Caroline Connellan, Chief Executive	020 7499 6424
Peel Hunt LLP (Nominated Adviser and Broker)
Guy Wiehahn / Adrian Haxby	020 7418 8900
MHP Communications
Reg Hoare / Simon Hockridge / Charlie Barker	020 3128 8100

Notes to editors

Brooks Macdonald Group plc, through its various subsidiaries, provides leading investment management services in the UK and internationally. The Group, which was founded in 1991 and began trading on AIM in 2005, had discretionary funds under management (FUM) of £11.7bn as at 31 December 2017.

Through its core divisions, Brooks Macdonald offers a range of investment management services to private high net worth individuals, pension funds, institutions, charities and trusts. The Group also provides financial planning as well as offshore investment management and acts as fund manager to regulated OEICs providing specialist funds in the property and structured return sectors.

The Group has twelve offices across the UK and the Channel Islands including London, Edinburgh, Guernsey, Hampshire, Jersey, Leamington Spa, Manchester, Taunton, Tunbridge Wells, York and Wales.

 

END

 

 

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