European Wealth Group Limited Update in relation to the Board (2223R)
20 September 2017 - 4:00PM
UK Regulatory
TIDMEWG
RNS Number : 2223R
European Wealth Group Limited
20 September 2017
European Wealth Group Limited
(the "Company")
Update in relation to the Board
European Wealth Group Limited (AIM: EWG, EWGL), the integrated
wealth management group, today announces that John Morton has
decided to step down from the Board and the Group.
John was instrumental in establishing the Company in 2010 and is
the last founder of the Group still serving on the Board. In the
seven years of his stewardship, the business has built assets under
management of over GBP1.7bn with offices in five countries serving
clients across the globe.
The Board is pleased to confirm Marianne Ismail (née Hay), who
it was announced last week was acting as Chief Executive Officer of
the Company on an interim basis, has been appointed on a permanent
basis from today. Mrs Ismail has been a non-executive director of
EWG since December 2015. Mrs Ismail has significant experience in
the wealth management sector having previously been a Managing
Director in Morgan Stanley's asset management business in London
and New York, CEO of Global Wealth Management Europe at Citigroup
and Head of Private Banking for Europe, Middle East and Africa at
Standard Chartered Bank.
Buzz West, Chairman, commented: "European Wealth is grateful to
John for the vision, hard work and dedication which he has put into
successfully growing the Group over the last 7 years. Whilst we are
sorry to see him leave, we are also excited about the future."
For further details, please contact:
European Wealth Group +44 (0)20 7623
Limited 2368
Marianne Ismail
finnCap Ltd (Nomad
and Broker) +44 (0)20 7220 0500
Adrian Hargrave
Scott Mathieson
FWD Consulting (Financial
PR) +44 (0)20 7623 2368
Elliot Lane / Gug Kyriacou
This information is provided by RNS
The company news service from the London Stock Exchange
END
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