Directorate Change

RNS Number : 2019C

Man Group plc

15 January 2015

 



Man Group appoints John Cryan as Non-Executive Director

London, 15 January 2015 - Man Group plc is pleased to announce the appointment of John Cryan to the Board as a Non-Executive Director with immediate effect.

Mr Cryan, 54, has extensive experience at leading global financial institutions and brings excellent knowledge of the regulatory environment in which Man Group operates. He held a number of senior roles at UBS AG over a career spanning more than 25 years with the banking group including serving as Group Chief Financial Officer between 2008 and 2011. Mr Cryan was also Chairman and CEO of UBS AG EMEA between 2010 and 2011 and served as CEO of UBS Limited, the bank's principal operating entity in the EU over the same period. Between 2012 and 2014 Mr Cryan was President of Temasek International's European operations.

In addition to the expertise gained in executive roles, Mr Cryan brings valuable experience from his Non-Executive positions. He is currently a member of the supervisory board of Deutsche Bank AG, Chairman of Deutsche Bank's Audit Committee and a member of the Bank's Risk Committee. He is also Chairman of ST Asset Management Pte Ltd, a specialised structured credit investment manager, a member of the Board of Tana Africa Capital Limited and an advisory senior director for Temasek Europe. 

Jon Aisbitt, Chairman of Man Group, said:

"We warmly welcome John to Man Group's Board. His insights and extensive technical knowledge of international financial markets, including the regulatory backdrop, will enhance and strengthen our Board. He is an experienced leader in our sector, having worked at the top of the financial services industry through one of the most challenging periods in recent history, and will be a highly valued adviser to our executive team. I very much look forward to working with him."

There are no further disclosures to be made pursuant to Listing Rule 9.6.13R in respect of Mr Cryan's appointment. 

***

Enquiries:

Rosanna Konarzewski

Global Head of Communications

[phone]

[e-mail] 

Fiona Smart 
Head of Investor Relations
[phone] 
[e-mail]

Finsbury (UK enquiries)

James Bradley/Michael Turner

[phone]

[e-mail]

Notes to editors:

About Man Group

Man Group is a leading investment management business with a diverse offering in hedge funds and long only products across equity, credit, managed futures, convertibles, emerging markets, global macro and multi-manager solutions. At 30 September 2014, Man Group's funds under management were $72.3 billion. The original business was founded in 1783. Today, Man Group is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index with a market capitalisation of around £2.9 billion. Man Group 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.

 

END

 

 

BOAUSVBRVWAAAAR