Conister Bank Limited to appoint new Chairman

RNS Number : 8899Q

Manx Financial Group PLC

23 June 2015

 

FOR IMMEDIATE RELEASE                                            23 June 2015

Manx Financial Group PLC:

Conister Bank Limited to appoint new Chairman

The board of Manx Financial Group plc (the "Group") announces that the Chairman of Conister Bank Limited ("Conister") and Group non-executive director, Don McCrickard, has informed the board that he intends to retire on 30 June 2015, corresponding with the conclusion of the Group's half year. Mr McCrickard has been Chairman of Conister since 2007 and has been an active participant in guiding the company towards its current level of profitability.

Neil Duggan, who joined the board of Conister in December 2014, will be appointed Chairman of Conister and join the Group board with effect from 1 July 2015, subject to the usual regulatory approvals. A further announcement will be made once these are complete. Until 2012, Mr Duggan was a director of KPMG LLC (Isle of Man), as Head of Audit and Transaction Services.

The Group's board would like to take this opportunity of thanking Mr McCrickard for his invaluable contribution over the last eight years and wishes him well in his retirement.

For further information, please contact:

Manx Financial Group PLC

Denham Eke, Chief Executive

Tel:  [phone]

Beaumont Cornish Limited

Roland Cornish/James Biddle

Tel:  [phone]

Britton Financial PR

Tim Blackstone

Tel:  [phone]

About Manx Financial Group plc

Manx Financial Group PLC (formerly Conister Financial Group PLC) offers integrated retail and commercial banking services, foreign exchange, payment and money saving solutions, wealth management, general insurance and life insurance through its subsidiaries Conister Bank Limited, Edgewater Associates Limited, Manx Financial Limited, Manx FX Limited, Manx Incahoot Limited and Conister Card Services Limited.

Conister Bank Limited is an Isle of Man based licensed bank, offering business and personal asset financing and retail banking products. Since its inception in 1935, the Bank has assisted successive generations with a range of saving and credit products. In recent years it has diversified into premium financing and fiduciary deposits for high net worth individuals. The Bank is also a principal member of MasterCard®.

Website: www.mfg.im

 

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