Directorate Change

RNS Number : 7851B

GLI Alternative Finance PLC

21 June 2016

 

GLI Alternative Finance plc

(the "Company")

Director resignation and appointment

GLI Alternative Finance plc announces that Norman Crighton has resigned as chairman and non-executive director with immediate effect.  Richard Hills, non-executive director, will replace Norman as chairman. 

In addition, the Company is pleased to announce the appointment of Ken Hillen to the board as a non-executive director with immediate effect.

Kenneth (Ken) James Gribben Hillen, 60, has held a number of senior banking roles throughout his career; including senior corporate director at RBS, managing director for Scotland and Northern Ireland at Anglo Irish Bank and, until 2009, head of commercial and corporate banking for Scotland at Bank of Ireland. Ken has a broad experience of non-executive and consultancy roles within financial services and other sectors, including director and chairman of a financial services business which specialises in the provision of bridging loans. It is intended that Ken's appointment will strengthen the credit analysis capabilities of the board.

The Directors would like to thank Norman for his significant contribution to the Company and wish him well for the future.

For further information, please contact:

Elysium Fund Management Limited [e-mail]	tel: [phone]
N+1 Singer Advisory LLP James Maxwell / Lauren Kettle	tel: [phone]

 

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