Board Changes

Investacc Group Limited

20 December 2024

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.

LEI: 2549008KZ7HM27V4O637

This announcement contains inside information

InvestAcc Group Limited

 (the "Company" or "InvestAcc" or, together with its subsidiaries the "Group")

Board Changes

InvestAcc is delighted to announce the appointment of Vinoy Nursiah as Chief Financial Officer ("CFO") and an Executive Director, to be effective by the end of H1 2025. This key appointment comes following the successful completion of our acquisition of InvestAcc Holdings Limited as announced on 9 October 2024.

Vinoy brings a wealth of experience to the role, with a proven track record of driving financial performance, operational excellence, and strategic transformation. He will be instrumental in supporting InvestAcc's ambitious growth through both organic growth and further M&A.  

As CFO, Vinoy will assume responsibility for the Group's overall financial strategy, performance, and reporting. Working alongside the rest of the Board, he will play a pivotal role in shaping and delivering the Group's strategic objectives, ensuring our financial strength and operational agility.

The Company also announces that James Pearce has stepped down from his position as CFO effective immediately.

Mark Hodges, Chairman, said: "We are looking forward to welcoming Vinoy to the team at such an exciting time in our journey as we continue to execute our strategy to become the UK's leading specialist pensions administrator, serving both business customers including wealth managers and financial advisers and direct clients. His extensive experience and strategic insight make him ideally suited to drive forward our financial performance and deliver on our ambitious growth plans.

The Board would like to thank James for his contribution to the business since his appointment earlier this year".

A further announcement will be made in due course in relation to the effective date of Vinoy's appointment.

Enquiries:

InvestAcc Group
Antoinette Vanderpuije, Company Secretary - 020 7004 2700
Kam Bansil, IR 020 7039 1901

FGS Global - PR Adviser
Rollo Head 07768 994 987
Chris Sibbald 07855 955 531

Panmure Liberum Limited (Corporate Broker) - + 44 (0) 203 100 2000

Chris Clarke / Ed Thomas / Anake Singh

Zeus Capital Limited (Corporate Broker) - + 44 (0) 207 220 1666

Harry Ansell / Katy Mitchell

Notes

Vinoy Nursiah (aged 51 years) currently holds or has held the following directorships in the past five years:

Current Directorships

Iboss Asset Management Limited

KW Investment Management Limited

KW Wealth Planning Limited

NHA Financial Services Limited

Sterling Trust Professional (North East) Limited

Sterling Trust Professional (York) Limited

JFP Financial Services Limited

Vincent & Co Financial Ltd

Strategic Asset Managers Limited

Money Matters (North East) Limited

Joseph R. Lamb Independent Financial Advisers Limited

JCH Investment Management Limited

Barry Fleming And Partners (Tax, Trusts And Investment Planning) Limited

Allots Financial Services Ltd

Casson Beckman Wealth Management Limited

Aim Wealth Holdings Limited

Aim Independent Limited

Eurosure Limited

Employee Benefits Solutions Limited

Measured Value Ltd

Past Directorships

Canada Square Funding 2019-1 Holdings Limited

Canada Square Funding 2019-1 Plc

London Cards No.1 Plc

London Cards Holdings Limited

Chester A Holding Ltd

Csc Directors (No. 1) Limited

Cheshire 2020-1 Holdings Limited

Cheshire 2020-1 Plc

Avon Finance No.2 Plc

Avon Finance No.2 Holdings Limited

Chester B2 Ltd

Chester B1 Issuer Plc

Chester B1 Holdings Limited

Pimlico Spv Limited

Jupiter Mortgage No.1 Holdings Limited

Stratton Mortgage Funding 2021-2 Plc

Stratton Mortgage Funding 2021-2 Holdings Limited

Jupiter Mortgage No.1 Plc

Westbourne Park Holdings Limited

Magenta 2020 Holdings Limited

Magenta 2020 Plc

SJP Partner Loans No. 1 Limited

Cold Finance Holdco Limited

Canada Square Funding 7 Plc

Canada Square Funding 6 Plc

Canada Square Funding 6 Holdings Limited

Canada Square Funding 2021-2 Plc

Canada Square Funding 7 Holdings Limited

Canada Square Funding 2021-2 Holdings Limited

Canada Square Funding 2020-1 Holdings Limited

Zephyr Funding Limited

Canada Square Funding 2020-2 Holdings Limited

Westbourne 7 Limited

Belmont Green Funding 5 Limited

Belmont Green Funding 7 Limited

Canada Square Funding 2020-1 Plc

Canada Square Funding 2020-2 Plc

Corinium Funding Limited

Canada Square Funding 2021-1 Plc

Canada Square Funding 2021-1 Holdings Limited

Hart Funding Ltd

Belmont Green Funding 6 Limited

Jupiter Mortgage Limited

Westbourne 2016 - 1 Wr Limited

Westbourne 6 Plc

Cold Finance Plc

Chester B1 Ltd

Cornhill Mortgages No.3 Limited

Cornhill Mortgages No.1 Limited

Silk Road Finance Number Four Plc

Silk Road Holdco Number Four Limited

Vinoy was a director of the following special purpose vehicles, all of which were placed into liquidation at the end of their life cycle

Cornhill Mortgages No.3 Limited Cornhill Mortgages No.1 Limited Chester B1 Ltd Westbourne 2016 - 1 WR Limited Westbourne 6 PLC Cold Finance PLC Silk Road Finance Number Four PLC Silk Road Holdco Number Four Limited Belmont Green Funding 6 Limited Jupiter Mortgage Limited

There are no further details to be disclosed under UKLR 6.4.8 (if such provision were applicable to companies whose shares are admitted to the equity shares (transition) category of the Official List) in respect of the appointment of Vinoy Nursiah.

 

END