River and Mercantile Group PLC Directorate Change (6879K)
06 January 2021 - 6:00PM
UK Regulatory
TIDMRIV
RNS Number : 6879K
River and Mercantile Group PLC
06 January 2021
6 January 2021
LEI: 2138005C7REHURGWHW31
Martin Gilbert joins River and Mercantile Group PLC as Deputy
Chairman
River and Mercantile Group PLC (RMG) announces that Martin
Gilbert has today joined the Board as Deputy Chairman. Martin will
bring to RMG his substantial experience and knowledge of the asset
management sector. He is currently Chairman of Revolut Limited and
Senior Independent Director at Glencore plc, as well as Chairman of
Toscafund. However, he is probably best known as a co-founder and
then Chief Executive of Aberdeen Asset Management plc which became
one of the world's leading independent asset managers under his
leadership.
Jonathan Dawson, Chairman, commented:
"We are delighted that Martin has joined the RMG board. Martin
has had an exceptionally distinguished career in asset management
as one of the founders and Chief Executive of Aberdeen Asset
Management. He brings huge experience of the sector to RMG and we
all look forward to working with him to develop RMG into a
substantial growth business."
Martin Gilbert commented:
"RMG is a business with great potential. In the current
environment there are market opportunities for RMG, both organic
and through acquisitions, that can drive shareholder value and I
look forward to working with the Board to help progress this
development."
River and Mercantile Group PLC makes this announcement in
accordance with LR9.6.11R.
This announcement includes inside information.
Notes
About River and Mercantile
River and Mercantile Group PLC has AUM of GBP45.4bn, as at 30
September 2020.
For further information, please contact:
MRM: Chris Duncan
Director
020 3326 9907
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END
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