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M&G PLC (MNG)

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Wednesday 01 April, 2020

M&G PLC

Appointment of Non-executive Director

RNS Number : 3841I
M&G PLC
01 April 2020
 

1 April 2020

 

M&G PLC APPOINTS MASSIMO TOSATO AS A NON-EXECUTIVE DIRECTOR

 

M&G plc, a leading international savings and investments business, today announces the appointment of Massimo Tosato as a Non-executive Director.

 

Mr Tosato will join the M&G plc Board with immediate effect. He will also become a member of the Remuneration Committee.

 

In addition, Mr Tosato will become Chair of M&G Group Limited, the asset management entity and wholly-owned subsidiary of M&G plc.

 

He is a Board member of Banca Intermobiliare and a former Executive Vice Chairman of Schroders plc with more than 30 years' experience in international financial services.

 

Mike Evans, Chair of M&G plc, says: "I am delighted to welcome Massimo to the board. His knowledge of international asset management, gained over a three-decade career in the industry, will be a valuable addition to the collective expertise of the current board."

-Ends-

Enquiries:

Media

 

Investors/Analysts

 

Richard Miles

+44 (0)7833 481923

Spencer Horgan

+44 (0)20 3977 7888

Jonathan Miller

+44 (0)20 3977 0165

 

 

 

 

 

 

Notes to Editors:

 

About Massimo Tosato

Massimo Tosato has more than thirty years' experience as an investment banking and asset management entrepreneur and senior manager. His career has included 21 years at Schroders, where he served most recently as Chief Executive of Schroder Investment Management Limited and Executive Vice Chairman of Schroders plc. He has also held Board positions at Nutmeg, an online discretionary investment management start-up, Banca Nazionale del Lavoro, and served as Vice President of the European Fund and Asset Management Association (EFAMA). He is currently Non-executive Director of Banca Intermobiliare and serves on the Board of Overseers of Columbia Business School in New York and, until 31 March 2020, he was also Non-executive Director of  Pictet Asset Management in Geneva.

 

About M&G plc

M&G plc is a leading savings and investments business which was formed in 2017 through the merger of Prudential plc's UK and Europe savings and insurance operation and M&G, its wholly-owned international investment manager. The Company completed its demerger from Prudential plc on 21 October 2019, when M&G's shares were admitted to trading on the London Stock Exchange. As an independent company, M&G plc has a single corporate identity and continues with two customer-facing brands; Prudential for savings and insurance customers in the UK and Europe and for asset management in South Africa and M&G Investments for asset management clients globally

 

LEI: 254900TWUJUQ44TQJY84

 


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