Appointment of Independent Non-Executive Director

ASA International Group PLC

18 December 2024

 

ASA International Group plc - Appointment of Sheila M'Mbijjewe as Independent Non-Executive Director

ASA International Group plc (LSE: ASAI), one of the world's largest international microfinance institutions, is today pleased to announce the appointment of Ms Sheila M'Mbijjewe as an Independent Non-Executive Director.

Upon appointment, Sheila became a member of the Audit and Risk Committee, the Remuneration Committee, and the Independent Directors Committee of the Board.

Sheila is a citizen of the Republic of Kenya, and is both a UK and Kenyan qualified Accountant. She retired in June 2023 as the first female Deputy Governor of The Central Bank of Kenya, following the completion of her second and final four-year term. As well as being a core part of the central bank leadership team overseeing the Kenyan financial system, Sheila was actively engaged in promoting pan-African financial stability and developed a wide knowledge and range of contacts across the continent. Prior to joining The Central Bank of Kenya, she worked for Standard Chartered Bank and rose to become Executive Director and Head of Consumer Banking, East Africa.

The Board believes that Sheila's unique combination of commercial banking and regulatory experience, particularly in an African context, will be invaluable in the coming years as the Group further grows its business across Africa.

This announcement is made pursuant to Listing Rule 6.4.6R. In accordance with LR 6.4.8R, the Company confirms that there is no information to be disclosed in terms of LR 6.4.8R (1) to LR 6.4.8R (6) inclusive in respect to Sheila M'Mbijjewe.

Contact Details

ASA International Group plc

Investor Relations
Jonathan Berger
[e-mail]

About ASA International Group plc

ASA International Group plc (LSE: ASAI) is one of the world's largest international microfinance institutions, with a strong commitment to financial inclusion and socioeconomic progress. The company provides small, socially responsible loans to low-income, financially underserved entrepreneurs, predominantly women, across South Asia, South East Asia, West and East Africa.

Disclaimer

'ASA International', the 'Company', the 'Group' all refer to ASA International Group plc and its subsidiaries.

This announcement does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities. The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restriction.

 

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