Directorate Change

RNS Number : 1389N

Quilter PLC

30 May 2022

 

30 May 2022

Quilter plc

Quilter Board Composition

Quilter plc ("Quilter" or "the Company") announces that Neeta Atkar has been appointed as a Non-executive Director and Chair of the Board Risk Committee.  Ms Atkar will join the Quilter Board and become a member of the Board Audit Committee, the Board Risk Committee and the Board Technology and Operations Committee on 11 August 2022.  After completion of her induction as a Quilter Board member, Ms Atkar will become the Chair of the Board Risk Committee with effect from 1 October 2022.  George Reid will continue to chair the Board Risk Committee until Ms Atkar is appointed to the role.

Ms Atkar has a deep understanding of risk and regulation having spent her executive career working at the Bank of England and the Financial Services Authority before taking on roles in the financial services industry with Andersen Consulting, Abbey National, Royal & Sun Alliance, Lloyds Banking Group and TSB Bank where she was the Chief Risk Officer.  Ms Atkar is currently a Non-executive Director and chairs the risk committees of British Business Bank plc (where she is also the Senior Independent Director), Nomura Europe Holdings plc and Yorkshire Building Society. 

Ruth Markland, Chair of Quilter, commented:

"I am delighted that we have been able to appoint such a capable and experienced risk professional to chair our Board Risk Committee.  Neeta Atkar has deep experience as both a Chief Risk Officer and as a risk committee chair in the financial services sector.  This will enable her to make a significant contribution to the work of the Quilter Board as we strive to continue to ensure that Quilter delivers on its clear strategy within a robust risk management framework."

Neeta Atkar commented:

"I am pleased to be joining the Quilter Board and am looking forward to using my experience and expertise to contribute to the delivery of Quilter's strategy, and the continued enhancement of Quilter's risk management arrangements that have served it well since its Listing in 2018."

Biographical details for Neeta Atkar are attached.

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Enquiries:

Investor Relations: John-Paul Crutchley Keilah Codd	[phone] [phone]
Company Secretary: Patrick Gonsalves	[phone]
Media: Tim Skelton-Smith	[phone]
Camarco:   G eoffrey Pelham-Lane	[phone]

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 oversees £107.2 billion in customer investments (as at 31 March 2022).

It has an adviser and customer offering spanning: financial advice, investment platforms, multi-asset investment solutions, and discretionary fund management.

The business is being reorganised into two segments: Affluent and High Net Worth.

Affluent encompasses the financial planning businesses, Quilter Financial Planning, the Quilter Investment Platform and Quilter Investors, the Multi-asset investment solutions business.

High Net Worth includes the discretionary fund management business, Quilter Cheviot, together with Quilter Private Client Advisers.

Biographical details for Neeta Atkar MBE

Executive Career Year	Company / Position
2012 - 2016	TSB BANK
	Chief Risk Officer
2007 - 2012	LLOYDS BANKING GROUP
2011 - 2012	Project Verde Chief Risk Officer and Accountable Executive for RRP
2009 - 2011	Group Operational Risk & Financial Crime Director
2008 - 2009	Regulatory Risk Director, Retail Bank, Lloyds TSB Bank plc
2007 - 2008	Operational Risk Director, Retail Bank, Lloyds TSB Bank plc
2004 - 2007	ROYAL & SUN ALLIANCE
	Director, Operational & Financial Risks, Group Risk
2002 - 2004	ABBEY NATIONAL
	Head, Basel Credit Risk Implementation Project
2001 - 2002	ANDERSEN CONSULTING
	Senior Manager, Regulatory Consulting, Financial Services
1998 - 2000	FINANCIAL SERVICES AUTHORITY
	Manager, Policy Department, Major Financial Groups
1988 - 1998	BANK OF ENGLAND
Non-executive Directorships
Year		Company / Position
2018 - present	Nomura Europe Holdings plc Non-executive Director & Chair, Risk
2017 - present	Yorkshire Building Society Non-executive Director & Chair, Risk
2016 - present	British Business Bank plc Non-Executive Director Chair, Risk & Senior Independent Director from 2019
2018 - present	Prince's Trust Ambassador, Women Supporting Women
1997 - present	Justice of the Peace Presiding Magistrate (chairperson)
2017 - 2021	National Skills Academy for Financial Services Trustee of Charity

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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