30 June 2021
Quilter plc
Directorate Change
Quilter plc Board composition
Quilter plc announces that Chris Samuel has been appointed as an independent Non-executive Director of the Company, with effect from 1 July 2021.
Chris has considerable experience in financial services, particularly in the areas of investment and asset management. He is an experienced Chair and Non-executive Director. Chris is Chair of Quilter Financial Planning Limited, the Quilter Group's financial advice arm. He also chairs BlackRock Throgmorton Trust plc and JP Morgan Japanese Investment Trust plc and is a Non-executive Director of Alliance Trust PLC and UIL Limited. He was Chief Executive of Ignis Asset Management, a business with circa £65bn of assets under management, from 2009 to mid-2014. Over this period, Chris led the successful transformation, and then sale, of the business.
Prior to this, Chris held Board-level positions at a number of asset management businesses including Gartmore, Hill Samuel Asset Management and Cambridge Place Investment Management. Before his move into asset management in 1995, Chris spent 10 years with a US Investment Bank, Prudential-Bache. He began his career with KPMG in 1980 where he qualified as a Chartered Accountant.
Chris has today (30 June 2021) stepped down from the Board of Sarasin & Partners LLP and will not be seeking re-election to the Alliance Trust PLC board at their Annual General Meeting in April 2022.
Chris' extensive experience in financial services and the asset management industry will enable him to provide challenge, advice and support to Quilter's management team on business performance and operational matters. His appointment will support the Quilter Board in overseeing the delivery of
long-term sustainable success for Quilter.
Chris will join the Quilter Board Risk Committee and the Board Technology and Operations Committee.
Glyn Jones, Chairman of the Quilter Board, comments:
"Chris has demonstrated strong leadership as he has Chaired our advice business, Quilter Financial Planning, over the last year and I am delighted he has agreed to join the Quilter Board. Chris' deep experience and expertise as an executive and as a Non-executive Director in the asset management industry will enable him to make a strong contribution to the deliberations of the Quilter Board."
Chris said, "I am pleased to be joining the Quilter Board and I look forward to working with the Chairman and my fellow Board members in supporting the Quilter management team."
There are no other details that are required to be disclosed in respect of these appointments under Paragraph 9.6.13R of the Listing Rules of the UK Listing Authority save as disclosed in this announcement.
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Enquiries:
Investor Relations: John-Paul Crutchley Keilah Codd
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+44 (0)7741 385 251 +44 (0)7776 649 681 |
Company Secretary: Patrick Gonsalves |
+44 (0)7391 867 081
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Camarco G eoffrey Pelham-Lane
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+44 (0)20 3757 4985 |
About Quilter plc
Quilter plc is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.
Quilter plc oversees £119.9 billion in customer investments (as at 31 March 2021).
It has an adviser and customer offering spanning financial advice, investment platforms, multi-asset investment solutions and discretionary fund management.
The business is comprised of two segments: Advice and Wealth Management and Wealth Platforms.
Advice and Wealth Management encompasses the financial planning businesses (Quilter Private Client Advisers, Quilter Financial Planning and Quilter Financial Advisers), the discretionary fund management business (Quilter Cheviot) and the Multi-asset investment solutions business (Quilter Investors). Wealth Platforms includes the Quilter investment platform and Quilter International, including AAM Advisory in Singapore.