City of London Group PLC Directorate Change (9752M)
15 May 2020 - 4:00PM
UK Regulatory
TIDMCIN
RNS Number : 9752M
City of London Group PLC
15 May 2020
15 May 2020
CITY OF LONDON GROUP PLC
("COLG" or the "Company")
Appointment of non-executive director
The Company is pleased to announce the appointment of Lorna
Brown as a non-executive director, with immediate effect. Ms Brown
is also a shareholder representative of DV4 Limited, who own c.47%
of the Company's issued shares.
Ms Brown (aged 44) is currently Head of Capital Markets at
Delancey Real Estate Asset Management. Prior to this she held roles
as Head of Real Estate Debt at Legal & General Investment
Management; Managing Director within Blackstone Real Estate
Partners and various Managing Director roles at RBS, including
through the 2008 financial crisis.
Commenting on the appointment, Colin Wagman, Chairman of COLG,
said:
"I am delighted to welcome Lorna to the Board. She has a wealth
of experience in the financial services industry and I am confident
that she will make a significant contribution to the Board's
deliberations and to COLG's continued development."
Lorna Brown commented:
"I look forward to working with the Board as COLG delivers on
its strategy to obtain a banking licence and build a UK SME
bank."
During the last five years immediately preceding the date of
this announcement, Ms Brown held the following directorships and
partnerships:
-- Commercial Real Estate Finance Council Europe (CRE Finance Council Europe)
-- LGIM Commercial Lending Limited - directorship ceased in 2019
-- Isobel Loan Capital Limited - directorship ceased in 2017
-- The Blackstone Group International Partners LLP - LP member, ceased in 2017
For further information contact:
City of London Group plc
Michael Goldstein
+44 (0)7831 483365
Peel Hunt LLP (Nominated Adviser and Broker)
James Britton
Rishi Shah
+44 (0)207 418 8900
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOAGZGMKVDKGGZM
(END) Dow Jones Newswires
May 15, 2020 02:00 ET (06:00 GMT)
City Of London (LSE:CIN)
Historical Stock Chart
From Apr 2024 to May 2024
City Of London (LSE:CIN)
Historical Stock Chart
From May 2023 to May 2024