Chris Gibson Smith, Chairman, commented: “The strength of our leadership team is a top priority for the Board and, following a comprehensive external search, we are pleased to announce the appointment of David Richardson as our Group Chief Executive Officer. David’s leadership is already transforming the Group, and making his interim CEO role permanent is a natural step for us to take. Together with Andy Parsons’ arrival as Chief Financial Officer in the New Year this means we will have a first-class team in place to lead the Group forward.”
David Richardson, Group Chief Executive Officer, commented: “I am delighted to have been offered this opportunity, and I’d like to thank the Directors for appointing me at this crucial time. As I stated in our recent interim results announcement, capital is the Group’s number one priority with our key objective to be organically capital generative by 2022. We continue to operate good businesses and are well positioned in attractive markets, but we must use our capital base wisely. My job is to maximise shareholder value, with no options excluded.”
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