Board Appointment

RNS Number : 3512O

Manx Financial Group PLC

16 September 2011

 



FOR IMMEDIATE RELEASE                                                     16 September 2011

Manx Financial Group PLC (the 'Company')

Board Appointment

The Company is pleased to announce that Mr Fred Kelly will be joining as an Executive Director of Manx Financial Group PLC and Managing Director of Conister Bank Limited with effect from 19^th September 2011.

Mr Kelly has a wide range of experience within commercial and investment banking including building quality loan books and reviewing merger and acquisition opportunities. Mr Kelly will focus on continuing the development of the Bank and will work closely with the Executive Team to identify new acquisition opportunities across the industry. His appointment is in line with the Group's strategy of recruiting experienced senior personnel who can bring real value to the Group and its shareholders. Mr Kelly recently held the position of CEO for CG Shipping Ltd in Sydney/Hong Kong and prior to that Head of Corporate & Asset Finance within Allied Irish Banks plc in the Asia Pacific region. AIM Disclosures for Mr Kelly are: The directorships/ partnerships held by Mr Juan ("Fred") Timothy Kelly, 41, in the previous five years are: Current : None Former: Australian Marine Infrastructure Pty Ltd Australian Marine Logisitcs Pty Ltd Mr Kelly does not hold any Ordinary Shares in the Company. Commenting on the appointment, Mr Jim Mellon, Executive Chairman said: "We are delighted to welcome Mr Kelly to the Group.  He has a wide range of experience within commercial and investment banking which will be of benefit both an operational and Board level." There is no further information to be disclosed under Schedule Two (g) (i)-(viii) of the AIM Rules for Companies. For further information, please contact:

Manx Financial Group PLC Denham Eke Tel [phone]

Beaumont Cornish Limited Roland Cornish Tel [phone]

Britton Financial PR Tim Blackstone Tel [phone]

 

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