15 April
2024
M&G PLC BOARD
CHANGES
·
ELISABETH STHEEMAN APPOINTED AS NON-EXECUTIVE
DIRECTOR
·
CLARE THOMPSON APPOINTED AS SENIOR INDEPENDENT NON-EXECUTIVE
DIRECTOR
M&G plc today announces the appointment of
Elisabeth Stheeman as an independent Non-Executive Director with
effect from 1 August 2024. She will become a member of the Audit
and Risk Committees on the same date.
Elisabeth has significant non-executive
experience on a range of Boards and organisations within the
private and public sectors in the UK, Germany and France. She
recently completed her second three-year term on the Bank of
England's Financial Policy Committee ("FPC"), having also served as
a member of the Bank of England's Financial Markets Infrastructure
("FMI") Board, and as a senior advisor to the Prudential Regulation
Authority.
She is currently Chair of the Edinburgh
Investment Trust plc, a Non-Executive Director of W. P. Carey Inc,
and an External Member of the Audit and Risk Committee of the Asian
Infrastructure Investment Bank. She came to the end of her
final terms on the Bank of England's FPC in February 2024 and the
Bank of England's FMI Board in December 2023.
Elisabeth also has over 30 years' executive
experience in global blue chip organisations across a range of
different sectors, including banking, real estate, private equity
and investment management. She was previously Global Chief
Operating Officer for LaSalle Investment Management and prior to
that worked at Morgan Stanley for 25 years across a variety of
sectors including Real Estate and the Financial Institutions
Group.
Clare Thompson, who has been the acting Senior
Independent Non-Executive Director (SID) since 24 May 2023,
has been appointed to be the SID.
Edward Braham, Chair of M&G plc,
commented:
"I am delighted we have attracted someone of
Elisabeth's calibre to the M&G Board. She brings a wide mix of
executive and non-executive experience across a range of sectors
and geographies that will be valuable in supporting our growth and
transformation journey.
I am looking forward to working with her when
she joins the Board in the summer.
I would also like to thank Clare Thompson for
agreeing to continue as SID. Her experience and counsel are much
appreciated by me and the rest of the Board."
-Ends-
Media Enquiries:
Media
|
|
Investors/Analysts
|
|
Irene Chambers
|
+44 (0)20 3977 3284
|
Luca Gagliardi
|
+44 (0)20 8162 7307
|
Will Sherlock
|
+44 (0)7786 836562
|
|
|
|
|
|
|
Notes to Editors:
Disclosures
Ms. Stheeman holds no interest in any
shares of M&G plc. Ms. Stheeman is considered to be
independent for the purposes of the UK Corporate Governance Code.
Save as disclosed above, there is no further information required
to be disclosed pursuant to Listing Rule 9.6.13 (1) - (6) of the
Listing Rules of the Financial Conduct Authority.
LEI: 254900TWUJUQ44TQJY84
Classification: 3.1 Additional regulated
information required to be disclosed under the laws of a Member
State.