Directorate Change

RNS Number : 6204T

Man Group plc

21 November 2013

 



Man Group plc
21 November 2013
Man announces Board appointment

Man Group plc ("Man") is pleased to announce that Dev Sanyal has been appointed as a non-executive director with effect from 1 December 2013. Dev is Executive Vice President and Group Chief of Staff of BP plc, and has held a number of senior financial and line management positions within BP in a global career of more than 20 years. He has in-depth experience of capital markets, asset management, trading and foreign exchange gained from his role as BP Group Treasurer. As Executive Vice President and a member of BP's Group Executive Committee, he is responsible for Group strategy and planning, Group risk management, Government and political affairs and Group integration.

Jon Aisbitt, Chairman of Man, said:

"I am delighted to welcome Dev to the Board. With his knowledge of financial markets, his international experience and his wide ranging operational expertise at executive level, Dev is well placed to contribute to the development and execution of our business strategy and global relationships."

There are no details relating to this appointment to be disclosed under Listing Rule 9.6.13.

Enquiries:

Chris Ryall                                                                                            Fiona Smart     
RLM Finsbury                                                                                      Head of Investor Relations       
020 7251 3801                                                                                      Man Group plc
                                                                                                                 020 7144 2030  

Man is a world-leading alternative investment management business. It has expertise in a wide range of liquid investment styles including managed futures, equity, credit and convertibles, emerging markets, global macro and multi-manager, combined with powerful product structuring, distribution and client service capabilities. At 30 September 2013, Man managed $ 52.5 billion.

The original business was founded in 1783. Today, Man Group plc is listed on the London Stock Exchange and is a member of the FTSE 250 Index with a market capitalisation of around £ 1.5 billion. Man is a signatory to the United Nations Principles for Responsible Investment (PRI). Man also supports many awards, charities and initiatives around the world, including sponsorship of the Man Booker literary prizes. Further information can be found at www.man.com.

 

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