REG - Ashmore Group Plc - Directorate Change

AshmoreAnnouncement

21/03/2022 16:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220321:nRSU4616Fa&default-theme=true

RNS Number : 4616F  Ashmore Group PLC  21 March 2022

 

Ashmore Group plc

21 March 2022

 

DIRECTORATE CHANGE

 

Ashmore Group plc ("Ashmore" / the "Company") today announces that after more
than seven years' service on the Board of Directors (the "Board") of Ashmore,
including over three years as Chair, David Bennett will be stepping down both
as a Non-Executive Director and Chair of the Company on 20 April 2022. The
Board would like to take this opportunity to thank David for his significant
contribution during his tenure.

 

After due consideration, the Nominations Committee has concluded that Clive
Adamson, who has served as a Non-Executive Director since 2015 and is
currently the Senior Independent Director, will succeed David as Chair of the
Company and Chair of its Nominations Committee, in addition to continuing as
Chair of the Audit and Risk Committee, from 21 April 2022.

 

The appointment of Clive as Chair of the Nominations Committee is subject to
regulatory approval from the Financial Conduct Authority. Ashmore is in the
process of identifying a successor to assume the role of Chair of the Audit
and Risk Committee in order to ensure compliance with the UK Corporate
Governance Code.

 

As a consequence of these changes, the structure of the Board Committees with
effect from 21 April 2022 will be as follows:

 

 Audit and Risk                 Remuneration        Nominations
 Clive Adamson (Interim Chair)  Helen Beck (Chair)  Clive Adamson (Chair)
 Helen Beck                     Clive Adamson       Helen Beck
 Jennifer Bingham               Jennifer Bingham    Jennifer Bingham

 

Ashmore also announces that Jennifer Bingham will assume the role of Senior
Independent Director from 21 April 2022 and Clive will step down from this
role with effect from the same date.

 

Ashmore's Legal Entity Identifier (LEI) is 549300U3L59WB4YI2X12.

 

For further information please contact:

 

Ashmore Group plc

Paul Measday

Investor Relations                 +44 (0)20 3077 6278

 

FTI Consulting

Neil Doyle                             +44 (0)7771
978 220

Kit Dunford                           +44 (0) 7717
417 038

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAFFLFLLXLEBBK