Manx Financial Group PLC
11 March 2011
FOR IMMEDIATE RELEASE 11th March 2011
Manx Financial Group PLC (the 'Group')
Resignation of a Director
The Company announces the resignation of Mr Simon Hull from the board and as Managing Director of Conister Bank Limited ("Conister") and associated companies with immediate effect. Mr Hull will leave Conister on the 1st April 2011.
The Group is in the process of recruiting a replacement for Mr Hull and will make a further announcement in this connection in due course. During the recruitment period, Mr Douglas Grant, Finance Director of both the Group and Conister will assume the role as acting Managing Director.
Denham Eke, CEO, commented:
"I am grateful to Simon for his contribution and we wish him well in the future. Meanwhile, the Group now has a very experienced Executive team to support Douglas in the execution of the Group's strategy to maintain and enhance the Bank's performance whilst the recruitment process is undertaken." |
For further information contact
Manx Financial Group PLC Denham Eke Tel 01624 694694
|
Beaumont Cornish Limited Roland Cornish Tel +44 (0) 20 7628 3396 |
Britton Financial PR Tim Blackstone Tel 07957 140416 |