Man makes two Board appointments

RNS Number : 9932F

Man Group plc

05 May 2011

 



5 May 2011

MAN MAKES TWO BOARD APPOINTMENTS

On 5 May 2011, Man Group plc ("Man"), announces the appointment of Emmanuel Roman, Chief Operating Officer, as an executive director and Matthew Lester as a non-executive director with immediate effect.

Emmanuel Roman joined Man as Chief Operating Officer in October 2010 following the completion of the acquisition of GLG Partners.  In this group-wide position, he has played a leading role in the integration of GLG and is responsible for product development and operations at the combined business.  He joined GLG in 2005 as Co-Chief Executive Officer after eighteen years with Goldman Sachs. 

Matthew Lester is Chief Finance Officer of the Royal Mail Group.  He was Group Finance Director of ICAP from 2006 to 2010 and prior to that held a range of senior finance roles at Diageo.   

Jon Aisbitt, Chairman of Man, said: "I am delighted to welcome Manny Roman and Matthew Lester to the Board.  Manny's appointment brings us a wealth of trading, operational and business management experience as well as providing a key link between sales, investment management and operations across the Group.  Matthew brings to Man substantial relevant experience both from within and outside our sector which will further strengthen the Board's financial management and regulatory expertise."

"Manny has played a key role in the integration of Man and GLG and will continue to focus on the exciting opportunities ahead for the combined business," said Peter Clarke, Chief Executive of Man. "I am delighted that Manny is joining the Man Board in his role as Chief Operating Officer."

ENDS

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Notes to Editors

Emmanuel Roman

Emmanuel Roman received an M.B.A. in Finance and Econometrics from the University of Chicago in 1987 and a bachelor's degree from the University of Paris in 1985.  Emmanuel joined Goldman Sachs in 1987 where over the years he worked in the fixed income, investment banking and capital markets areas and in 1991 he became the co-head of Worldwide Equity Derivatives.  In 1998 he was elected to partnership.  In 2001 he was appointed co-head of Worldwide Global Securities Services and in 2003 he also became co-head of the European Equities Division.  In September 2005, after 18 years at Goldman Sachs, Emmanuel joined GLG Partners LP as co-CEO where he was responsible primarily for expanding the business, marketing, risk management, operations, technology and compliance. In October 2010, on completion of the acquisition of GLG by Man, Emmanuel also became the COO of Man, a group-wide role with prime responsibility for integrating the GLG acquisition. He is responsible for product development and operations at the combined business. He joined the Board of Man in May 2011.

Matthew Lester

Matthew Lester was appointed Chief Finance Officer of the Royal Mail Group in November 2010. He was previously Group Finance Director of ICAP plc for four years. Prior to this he worked at Diageo plc in a number of senior finance roles, including Group Financial Controller. In the early part of his career, he qualified as a Chartered Accountant at Arthur Andersen & Co and worked in corporate finance at Kleinwort Benson. Matthew is on the main committee of the Hundred Group of Finance Directors, the organisation that represents the Finance Directors of the UK's largest companies. He has a BA (Hons) in Economics from the University of Wales.

About Man

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. Man manages $69.0 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 100 Index with a market capitalisation of £4.8 billion.

Man Group is a member of the Dow Jones Sustainability World Index and the FTSE4Good Index. 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.mangroupplc.com.

 

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