Directorate Change

RNS Number : 1642W

Man Group plc

07 February 2017

 

Man Group appoints Dame Katharine Barker as Non-Executive Director

London, 07 February 2016 - Man Group plc today announces that Dame Katharine (Kate) Barker has been appointed as a non-executive director and member of the Board's Remuneration Committee, effective 1 April 2017.

Kate Barker brings to Man Group over 30 years' experience as a top level Government and business economist with broad-ranging knowledge of monetary and public policy, and the financial services sector. She served as a member of the Bank of England's Monetary Policy Committee from 2001 to 2010, during which time she also led two major policy reviews on housing and planning. She currently acts as a non-executive member of the Office for Budget Responsibility. Her previous roles include Senior Adviser to Credit Suisse between 2010 and 2016 and Chief Economic Adviser for the Confederation of British Industry (CBI) from 1994 to 2001.

Kate is also a highly qualified non-executive Board member. She is currently Chairman of the Trustees of the British Coal Staff Superannuation Scheme, a non-executive director of the Yorkshire Building Society, serving on the Risk and Remuneration Committees, and a non-executive director of Taylor Wimpey, where she acts as Chair of the Remuneration Committee and a member of the Audit Committee.

Kate was awarded a DBE in 2014 for services to the British economy and a CBE in 2005 for services to social housing.

Ian Livingston, Chairman of Man Group, said:

"We are delighted to welcome Kate Barker to Man Group's Board. She brings strategic thinking and economic insight, coupled with strong knowledge of the financial markets. Kate will be a valuable adviser and contributor to the business and I very much look forward to working with her."

There are no further disclosures to be made pursuant to Listing Rule 9.6.13 in respect of Dame Kate Barker's appointment.

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About Man Group

Man Group is an active investment management firm focused on delivering performance and client solutions through its five investment management businesses: Man AHL; Man Numeric; Man GLG; Man FRM and Man Global Private Markets.

Man Group's investment management businesses provide long-only, alternative and private markets products on a single and multi-manager basis, leveraging the firm's robust infrastructure to provide a diverse range of strategies across investment approaches, styles and asset classes.

The original business was founded in 1783. Today, Man Group plc is listed on the London Stock Exchange under the ticker EMG.L and is a constituent of the FTSE 250 Index. As at 30 September 2016, Man Group's funds under management were $80.7 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.

Forward looking statements and other important information

This document contains forward-looking statements with respect to the financial condition, results and business of Man Group plc. By their nature, forward-looking statements involve risk and uncertainty and there may be subsequent variations to estimates. Man Group plc's actual future results may differ materially from the results expressed or implied in these forward-looking statements.

The content of the websites referred to in this announcement is not incorporated into and does not form part of this announcement. Nothing in this announcement should be construed as or is intended to be a solicitation for or an offer to provide investment advisory services.

 

 

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