Directorate Change

RNS Number : 8679X

Law Debenture Corp PLC

03 September 2020

 

The Law Debenture Corporation p.l.c.

("Law Debenture" or the "Company")

Directorate Change

Appointment of Trish Houston as Chief Operating Officer

Law Debenture is pleased to announce that Trish Houston has been appointed as Chief Operating Officer ("COO") and to the Board of the Company as an Executive Director effective from 2 September 2020.

Trish is a Chartered Accountant and brings almost 20 years' experience in Financial Services and high-growth businesses. Most recently, she was a member of the senior management team at JDX Consulting Limited, where she had Executive responsibility for HR, IT and Facilities and oversaw the merger of three businesses. Previously, Trish was COO of Logical Glue Limited, a disruptive Machine Learning predictive analytics SAS platform, and co-founded the technology company Scaled Networks. She began her career at PricewaterhouseCoopers LLP before moving to Ruffer LLP where Trish held several senior roles including Partner, Global Head of HR and Global Head of Risk.  There is no information required to be disclosed by Trish in accordance with section 9.6.13 of the Listing Rules. 

As previously announced, Hester Scotton will assume the role of Chief Financial Officer following the departure of Katie Thorpe on September 11^th while Kelly Stobbs was recently promoted to General Counsel.

Hester has a strong track record across multiple finance disciplines and industries including experience at Legal & General, Bupa and Mark & Spencer. Since joining Law Debenture in 2019 as Head of Internal Controls & Group MLRO, Hester has worked closely with Katie and the Independent Professional Services ("IPS") Business Heads to reduce operational and financial risk and drive business growth.

Kelly brings a wealth of experience within legal and compliance gained during her tenure at HSBC and Herbert Smith Freehills. She joined Law Debenture from Deloitte where she acted as a Director within the firm's Legal and Tax practice.

Denis Jackson, CEO of Law Debenture, commented :

"We look forward to welcoming Trish to Law Debenture. Her insight and experience will be of great value. Trish's appointment and the promotions of Hester and Kelly mark an important step forward for the Company and the executive team as we continue to invest to support our ambitious growth plans. The strengthened team is well positioned to build on the strong growth seen in the last few years. On behalf of Law Debenture, I would like to thank Katie for her contribution and leadership. Her departure comes after having made significant contributions to the Company's growth and evolution.

We remain in the early stages of a re-invigorated growth cycle and continue to see opportunities to grow revenue and earnings significantly over time.  IPS has very attractive financial characteristics and we continue to invest in talent and technology to take advantage of material growth opportunities."

For further information, please contact:

The Law Debenture Corporation      [phone]

Denis Jackson, Chief Executive Officer              [e-mail]  

Tulchan Communications (Financial PR)  [phone]

David Allchurch                                                  [e-mail]      

Deborah Roney 

About Law Debenture

Company History:

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 Portfolio:

Our portfolio of investments is 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 Total Return 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 Pensions, Corporate Trust and Corporate Services businesses.  We operate globally, with offices in the UK, New York, Ireland, Hong Kong, Delaware and the Channel 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.

The Law Debenture Corporation p.l.c. is registered in England at Fifth Floor, 100 Wood Street, London EC2V 7EX, company registration number 30397.  The Law Debenture Corporation p.l.c. LEI number - 2138006E39QX7XV6PP21

 

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