REG - Impax Asset Mgmnt - Directorate Changes

Impax Asset ManagementAnnouncement

16/03/2023 14:00

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RNS Number : 2573T  Impax Asset Management Group plc  16 March 2023

Impax Asset Management Group plc

("Impax" or the "Company")

Directorate Changes

Impax, the AIM listed specialist investor focused on a more sustainable
economy, is pleased to announce the appointment of Karen Cockburn as Executive
Director on the Impax Board, effective today, following the conclusion of the
Company's Annual General Meeting.

Karen Cockburn was appointed as Impax's Chief Financial Officer with effect
from January 2023. In this role, Karen leads the Company's Finance function,
including Investor Relations, has oversight of Governance arrangements and the
Legal function, and is a member of Impax's Executive Committee, contributing
to commercial and strategic business matters.

Karen is a qualified Chartered Accountant with over 25 years' financial and
operational experience in financial services. Before joining Impax, Karen was
Transformation CFO at Virgin Money plc, focused on the integration of Virgin
Money and Clydesdale Banking Group. Previously, she spent nine years at Aegon
in various strategy, transformation and finance leadership roles, latterly as
Chief Financial Officer of Cofunds. Having qualified with KPMG, she spent her
early career with GE Capital and Lloyds Banking Group. Karen is also a founder
and board member of a digital start-up, Legado Technologies Ltd. Karen is a
fellow of the Irish Institute of Chartered Accountants and holds a BSc and MSc
in Accounting and Finance from Queen's University, Belfast.

Karen becomes the second Executive Director on the Impax Board, along with
Impax Chief Executive, Ian Simm.

The resignation of Non-Executive Director, Vince O'Brien, who previously
notified the Board of his intention to retire after 13 years with Impax,
became effective at today's AGM.

Sally Bridgeland, Chair, said: "I am delighted to welcome Karen as an
Executive Director. She is a highly experienced professional, whose background
in finance, technology and operations will be a tremendous asset to the Impax
Board. I would also like to thank Vince personally for his commitment and
considerable contribution to Impax over the years."

During the five years immediately preceding the date of this announcement,
Karen Josephine Cockburn (née McCambridge), who is 54 years old, held the
following directorships:

Current

Legado Technologies Limited

Impax Asset Management Limited

Impax Asset Management (AIFM) Limited

Impax Asset Management LLC

 

Previous

 

Lochside Nominees Limited

Andrews Nominees Limited

Witham Institutional Nominee Limited

Victoria Nominees Limited

Cofunds Nominees Limited

Cofunds Limited

Cofunds Leasing Limited

Dorset Nominees Limited

Minster Nominees Limited

Aegon Investment Solutions Limited

 

 

There is no further information to be disclosed pursuant to Schedule Two Part
(g) of the AIM Rules for Companies.

 

LEI number: 213800AJDNW4S2B7E680

- Ends -

 Enquiries:

  Impax Asset Management Group plc

 Ian Simm, Chief Executive                              +44 (0)20 3912 3000

 Paul French, Head of Corporate Communications          +44 (0)20 3912 3032

 p.french@impaxam.com (mailto:p.french@impaxam.com)

 Montfort Communications

 Gay Collins                                            +44 (0)77 9862 6282

 Jack Roddan                                            +44 (0)7825 670695

 impax@montfort.london (mailto:impax@montfort.london)

 Peel Hunt LLP, Nominated Adviser and Joint Broker

 Paul Shackleton or John Welch                          +44 (0)20 7418 8900

 Berenberg, Joint Broker

 Gillian Martin                                         +44 (0)20 3207 7800

 

Notes to Editors - About Impax Asset Management

Founded in 1998, Impax is a specialist asset manager, with £40.4bn /
US$48.6bn as of 28 February 2023 in both listed and private markets
strategies, investing in the opportunities arising from the transition to a
more sustainable global economy.

Impax believes that capital markets will be shaped profoundly by global
sustainability challenges, including climate change, pollution and essential
investments in human capital, infrastructure and resource efficiency. These
trends will drive growth for well-positioned companies and create risks for
those unable or unwilling to adapt.

The company seeks to invest in higher quality companies with strong business
models that demonstrate sound management of risk. Impax offers a well-rounded
suite of investment solutions spanning multiple asset classes seeking superior
risk-adjusted returns over the medium to long term.

Impax has approximately 300 employees across its offices in the United
Kingdom, the United States, Ireland and Hong Kong, making it one of the
investment management sector's largest investment teams dedicated to
sustainable development.

 

For more information: www.impaxam.com
(https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.impaxam.com%2F&data=05%7C01%7C%7Ca0f5d9b802f74e428b4008da5853e24a%7C6e2b08dd9300492da9b67c2ee25e0270%7C0%7C0%7C637919414558675678%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=IwGIGXAzYVUcdIPx%2B4l0WtV%2BpiAREq7MiAeTGHz2wBw%3D&reserved=0)
 

Issued in the UK by Impax Asset Management Group plc, whose shares are
quoted on the Alternative Investment Market of the London Stock Exchange.
Impax Asset Management Group plc is registered in England & Wales,
number 03262305.  AUM relates to Impax Asset Management Limited, Impax Asset
Management (AIFM) Limited, Impax Asset Management Ireland Limited and Impax
Asset Management LLC.  Impax Asset Management Limited and Impax Asset
Management (AIFM) Limited are authorised and regulated by the Financial
Conduct Authority and are wholly owned subsidiaries of Impax Asset Management
Group plc.  Please note that the information provided and links from it
should not be relied upon for investment purposes.

 

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