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Phoenix Grp Hldgs (PHNX)

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Wednesday 21 December, 2011

Phoenix Grp Hldgs

Phoenix Group Holdings - Directorate Change

RNS Number : 3687U
Phoenix Group Holdings
21 December 2011
 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

21 December 2011

 

Phoenix Group Holdings announces departure of Group FD

 

Phoenix Group announces that Group Finance Director, Jonathan Yates, will be leaving the Group on 29 February 2012 to take up the position of Chief Executive at Guardian Financial Services.

Paul Miles, currently Deputy Group Finance Director, will become Acting Group Finance Director with immediate effect, whilst the Board and the Nomination Committee commence a formal process to identify a permanent replacement.

Clive Bannister, Group Chief Executive, said:

"We thank Jonathan for all his efforts on our behalf over the last 18 months. I would like to congratulate him on his new role and wish him every success in the future.

"I have great confidence that Paul and the rest of our finance team will continue to drive Phoenix towards success in meeting its objectives, whilst the Board considers a permanent appointment."

Jonathan Yates said:

"I have thoroughly enjoyed my time at Phoenix and I wish it every success as I take on this new challenge."

Enquiries

 

Media                                                                                                   Investors

 

Daniel Godfrey                                                                                 Lorraine Rees

Director of Corporate Communications                                 Head of Investor Relations

+ 44 (0) 20 7489 4517                                                                       + 44 (0) 20 7489 4456

+ 44 (0) 7894 937 890                                                                       + 44 (0) 7872 413 277

 

PR Advisers - Maitland

 

Neil Bennett                      +44 (0) 7900 000777

Tom Buchanan                  +44 (0) 7974 982366

Tom Eckersley                   +44 (0) 7809 845942

Notes

1.    The Phoenix Group is the UK's largest specialist consolidator of closed life funds with over six million customers and over £68 billion of assets under management in its wholly owned asset management business, Ignis Asset Management.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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