STM Group PLC Non-Executive Chairman Appointment (4940Z)
03 September 2018 - 4:00PM
UK Regulatory
TIDMSTM
RNS Number : 4940Z
STM Group PLC
03 September 2018
03 September 2018
STM Group Plc
("STM", the "Company" or the "Group")
Non-Executive Chairman Appointment
STM Group Plc (AIM: STM), the cross border financial services
provider, is pleased to announce the appointment of Duncan Crocker
as Non-Executive Chairman, with immediate effect.
Duncan has spent his entire working career in the UK financial
services industry, the last 20 years of which being spent reporting
in at group board level in a FTSE 100 group. He has extensive
experience across a broad range of customer and distribution
sectors. He left full-time executive employment in 2014, following
37 years served across various leadership roles at Legal and
General Group plc ("L&G").Duncan was latterly managing director
of L&G's UK intermediated housing / mortgage sector business,
having previously headed up L&G's UK Intermediary and banking
distribution divisions.
In his current non-executive career he has provided guidance and
advisory as an independent non-executive director to a number of
businesses, from Zurich Intermediary Group Limited (part of Zurich
Insurance Group Ltd), to one of the largest UK independent mortgage
brokers, London & Country Mortgages Limited. Duncan also acts
as an adviser to a number of fledgling fin-tech start-up
businesses.
Commenting on the Board appointment Robin Ellison, Interim
Chairman, said: "I am delighted to welcome Duncan as Non-Executive
Chairman of the Board.
"Duncan's credentials speak for themselves. His strong corporate
governance ethic and experience in stakeholder engagement and
management, along with his detailed understanding of the
intermediary and customer focused journey will undoubtedly add
further value to an already enhanced board, having recently
appointed Graham Kettleborough, ex CEO of Chesnara Plc on 10(th)
August 2018 as an independent non-executive director."
Duncan Crocker added: "I am delighted to be joining STM and look
forward to contributing to the next chapter of the Group's journey
as it expands the business and its services in all chosen target
markets. My role and vision is to ensure that STM has a robust
framework of corporate governance which embraces strong customer
ethics alongside diligent protection of all stakeholder interests
as its progressive strategy is executed."
The following details in relation to the appointment of Mr
Crocker are disclosed in accordance with Schedule 2(g) and Rule 17
of the AIM Rules for Companies:
Director's full name: Duncan Crocker
Director's age: 60 years
Current directorships Past directorships held within
the last five years
Zurich Intermediary Group Limited London & Country Mortgages Limited
Crocker Advisory Limited Legal & General Partnership Services
Limited
Legal & General Estate Agencies
Limited
Legal & General Partnership Holdings
Limited
Legal & General Financial Services
Limited
Duncan has no shareholding in the Company.
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
For further information, please contact:
STM Group Plc
Alan Kentish, Chief Executive Officer Via Walbrook PR
alan.kentish@stmgroupplc.com www.stmgroupplc.com
Therese Neish, Chief Financial Officer
therese.neish@stmgroupplc.com
FinnCap www.finncap.com
Matt Goode / Emily Watts - Corporate Tel: +44 (0) 20 7220 0500
Finance
Tim Redfern / Richard Chambers -
ECM
Walbrook www.walbrookpr.com
Tom Cooper / Paul Vann Tel: +44 (0) 20 7933 8780
Mob: +44 (0) 797 122 1972
tom.cooper@walbrookpr.com
Notes to editors:
STM is a multi jurisdictional financial services group which is
listed on the AIM Market of the London Stock Exchange. The Group
specialises in the delivery of a wide range of financial service
products to professional intermediaries and the administration of
assets for international clients in relation to retirement, estate
and succession planning and wealth structuring.
STM has operations in the UK, Malta, Gibraltar, Jersey, and
Spain. The Group is looking to expand through the development of
additional products and services that its ever more sophisticated
clients demand. STM has developed a specialist international
pensions division which specialises in SIPPs, Qualifying Recognised
Overseas Pension Schemes (QROPS), and Qualifying Non UK Pension
Schemes (QNUPS). STM has a Gibraltar Life Insurance Company, STM
Life plc, which provides life insurance bonds - wrappers in which a
variety of investments, including investment funds, can be
held.
Further information on STM Group can be found at
www.stmgroupplc.com
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END
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