Directorate Change
8 May 2024
Appointment of Dixit Joshi
and Sarah Legg to the Man Group Board
Man Group plc (the "Company")
announces, in accordance with Listing Rule 9.6.11R, the appointment
of Dixit Joshi and Sarah Legg as non-executive directors of the
Company and as members of the Audit and Risk Committee and
Nomination and Governance Committee with effect from 10 May 2024.
Anne Wade, Chair of Man Group,
said: "I am delighted
to welcome Dixit and Sarah to the Man Group Board. Dixit
brings significant capital markets experience and commercial
insight from his senior leadership and executive positions at major
global financial institutions. Sarah brings extensive
corporate finance, audit and risk experience gained in the
financial services sector and strong listed plc experience through
her other non-executive roles. I'm sure that Dixit and Sarah will
add significant value to Man Group and will complement the skillset
of the Board as a whole."
Dixit Joshi - previous
experience
Most recently Dixit was Chief
Financial Officer at Credit Suisse from October 2022 until the sale
of Credit Suisse to UBS. Prior to this, Dixit was at Deutsche Bank
from 2010 to 2022 where he held a wide range of senior roles
including Group Treasurer, Head of the Fixed Income Institutional
Client Group, Global Head of Prime Finance, Head of Equities for
EMEA and for Asia Pacific. Before joining Deutsche Bank, Dixit was
at Barclays Capital from 2003 to 2010 where he was Head of
Equity-Linked-Products and Head of Equities, EMEA and
APAC.
Dixit was previously a board
director of ISDA (the International Swaps and Derivatives
Association). He is a trustee of the Student Sponsorship
Programme in South Africa which is focused on creating educational
opportunities for children from low-income families. He is
also a board member of Pratham UK, one of the largest
non-governmental organisations in India's education
sector.
Sarah Legg - previous
experience
Sarah spent her executive career at
HSBC in a range of finance leadership roles, including Chief
Financial Officer, Asia Pacific (2010 - 2015) and Group Financial
Controller (2015-2019). She also spent eight years as a
non-executive director on the board of Hang Seng Bank Limited,
a Hong Kong listed bank.
Sarah is currently an independent
non-executive director at Lloyds Banking Group plc (since 2019)
where she is Chair of the Audit Committee and a member of its Risk
Committee and Responsible Business Committee. She is also an
independent non-executive director of Severn Trent plc (since 2022)
where she is Chair of the Audit and Risk Committee and a member of
the Corporate Sustainability Committee, Nominations Committee and
Treasury Committee. Sarah also chairs the Campaign Advisory
Board, is a member of the Development Committee, King's
College, Cambridge University, a board member of the
Audit Committee Chairs' Independent Forum and a
trustee of the Lloyds Bank Foundation
for England and Wales.
Remuneration Committee
membership
The Company also announces, in
accordance with Listing Rule 9.6.11R, that Lucinda Bell who has
been a non-executive director of the Company since February 2020
and Chair of the Audit and Risk Committee since May 2020 will join
the Remuneration Committee with immediate effect.
The Company confirms that no other
disclosures are required pursuant to Listing Rule
9.6.13R.
Enquiries
Man Group
Communications
Georgiana
Brunner
+44 20 7144
1000
communications@man.com
Investor
Relations
Karan Shirgaokar
+44 20 7144 1434
investor.relations@man.com
Company Secretary
Elizabeth Woods
+44 20 7144 1733
company.secretarial@man.com