Directorate Change

RNS Number : 3192K

Law Debenture Corp PLC

28 August 2019

 

The Law Debenture Corporation p.l.c.

Fifth Floor

100 Wood Street

London

EC2V 7EX

APPOINTMENT OF A NEW NON-EXECUTIVE DIRECTOR

The Law Debenture Corporation p.l.c. is pleased to announce that Claire Finn has been appointed as a non-executive director of the Corporation with effect from 2 September 2019.

Claire Finn has in-depth knowledge of the UK asset management, pensions and insurance landscape, having had a career spanning over 18 years in financial services. She is a business leader with extensive experience in fund product development and distribution to retail and institutional investors.

Claire's most recent executive experience was at Blackrock, where she spent almost 13 years, rising to become Managing Director - Head of UK DC, Unit Linked and Platforms, responsible for strategy, innovation and growth. Previous roles at Blackrock included Director/Managing Director, Head of Strategic Alliances, Director of Sales and RM, and Vice-President - Product Development.

She previously held roles in product management at Henderson Global Investors (2001 - 2005) and relationship management at Bank of Tokyo-Mitsubishi, London (1999 - 2001).

Claire is fluent in Spanish and Japanese and has spent time studying and working in Mexico, Japan and Germany. She has recently concentrated on developing a non-executive portfolio.

There is no other information required to be disclosed under section 9.6.13 of the Listing Rules in respect of Claire Finn.

Robert Hingley, Law Debenture's Chairman commented: "We are delighted that Claire has agreed to join the board. She has a strong record of strategic leadership in the fund management field and has a skillset that will complement the board's existing expertise. She will bring a welcome new perspective to the board's strategic oversight and management of the Law Debenture group."

27 August 2019

For further information, please contact:

The Law Debenture Corporation                     [phone]

Denis Jackson, Chief Executive Officer              [e-mail]  

Katie Thorpe, Chief Financial Officer                 [e-mail] 

Tulchan Communications (Financial PR)        [phone]

Elizabeth Snow 

David Allchurch                                                    [e-mail]                                          

About Law Debenture

We are an investment trust and a leading provider of independent professional services.

From its origins in 1889, Law Debenture has diversified to become a group with a unique range of activities in the financial and professional services sectors.  The group has two distinct areas of business.

Investment trust

Our portfolio of investments is co-managed by James Henderson and Laura Foll of Janus Henderson Investors.

Our objective is to achieve long term capital growth in real terms and steadily increasing income.  The aim is to achieve a higher rate of total return than the FTSE Actuaries All-Share Index through investing in a diversified portfolio of stocks.

Independent professional services

We are a leading provider of independent professional services, built on three excellent foundations: our Pension, Corporate Trust and Corporate Services businesses.  We operate globally, with offices in the UK, Dublin, New York, Delaware, Hong Kong, the Channel Islands and the Cayman Islands.

Companies, agencies, organisations and individuals throughout the world rely upon Law Debenture to carry out our duties with the independence and professionalism upon which our reputation is built.

 

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