Directorate Change

RNS Number : 8825X

STM Group PLC

17 January 2014

 



17 January 2014

STM Group Plc

("STM" or "the Group")

Board Appointment

STM Group Plc (AIM:STM), the multi jurisdictional financial services group, is pleased to announce the appointment of Therese Neish to the Board of STM as Chief Financial Officer with immediate effect.

Ms Neish trained with KPMG where she qualified as a Chartered Certified Accountant in 2003, having previously studied BA (Hons) Accountancy & Financial Studies at Exeter University.  Joining STM in 2003, Ms Neish spent 5 years in the Insurance Management division of the Group prior to becoming Group Financial Controller.

Alan Kentish, formerly CFO and recently appointed to the post of Director of Product and Business Development, will focus on driving STM's suite of proprietary products and the Group revenue line as STM continues to expand its product propositions in the international financial services markets.

Commenting on the appointment, Colin Porter, CEO of STM, said:

"Therese has worked with the senior management team at STM for 10 years and knows the business very well.  We are confident that she will be a great asset to the Board of STM.

"The Board would like to thank Alan for his guidance as CFO and looks forward to his contribution in further shaping STM's product offering in markets where the current product choice does not meet customer requirements.  STM's proactive approach has been well received by advisers."

The following information in relation to Ms. Neish is disclosed in accordance with Schedule 2(g) of the AIM Rules for Companies.

Full name: Therese Gemma Neish

Age: 37

Current Directorships and Partnerships	Directorships and Partnerships held in the last five years
	The Aldgate Insurance Company Ltd
	Rocksure Holdings Ltd
	Engage Mutual Insurance Ltd

The Aldgate Insurance Company Ltd ceased effecting new insurance contracts in February 2007. The Company managed its run off until October 2009 when the directors appointed a liquidator.

Engage Mutual Insurance Ltd was voluntarily liquidated on 21 July 2012.

There are no other matters which are required to be announced pursuant to Schedule 2(g) of the AIM Rules for Companies.

For further information, please contact:

STM Group Plc	www.stmgroupplc.com
Colin Porter, Chief Executive Officer [e-mail]	Tel: [phone]
Alan Kentish, Director of Business and Product Development [e-mail]	Tel: [phone]
Therese Neish, Chief Financial Officer [e-mail]	Tel: [phone]
finnCap	www.finncap.com
Charlotte Stranner / Christopher Raggett - Corporate Finance Simon Starr - Corporate Broking	Tel: [phone]
Winningtons	www.winningtons.co.uk
Tom Cooper / Paul Vann	Tel: [phone]
	Mob: [phone]
	[e-mail]

Notes to editors:

STM is an international financial services group which is listed on the AIM Market of the London Stock Exchange and made its first acquisition in 2007. The Group specialises in estate and succession planning and wealth structuring for high net worth individuals and their families.  STM's clients include entrepreneurs, celebrities, sports stars and affluent retirees.

Today, STM has operations in Gibraltar, Spain, Jersey, Malta and Cyprus. The Group is looking to expand through the development of additional products and services that its ever more sophisticated clients demand.  STM has, for example, incorporated a Gibraltar Life Insurance Company, STM Life plc, which provides life insurance bonds - wrappers in which a variety of investments, including investment funds, can be held. STM has developed a specialist international pensions division which specialises in Qualifying Recognised Overseas Pension Schemes (QROPS), Qualifying Non UK Pension Schemes (QNUPS) and Employer Funded Retirement Benefit Schemes (EFRBS).

Further information on STM Group can be found at www.stmgroupplc.com

 

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