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RNS Number : 2685H Bridgepoint Group plc 23 November 2022
Bridgepoint Group plc
("Bridgepoint" or the "Company")
Appointment of Cyrus Taraporevala as an Independent Non-Executive Director
23 November 2022
Bridgepoint is pleased to announce the appointment of Cyrus Taraporevala as an
independent non-executive director, which will take effect from 1 January
2023. He will become a member of the Company's Remuneration and Audit and Risk
Committees on the same date, and Carolyn McCall will step down as a member of
the Remuneration Committee at that time.
Cyrus is a highly respected industry expert in asset management with more than
30 years of experience. He is the outgoing chief executive of State Street
Global Advisors, the fourth largest asset manager globally, with $3.3 trillion
under management.
Prior to joining State Street Global Advisors in 2016, he worked at several
asset management firms: Fidelity Investments, BNY Mellon Asset Management,
Legg Mason and Citibank. Earlier in his career he spent 14 years at McKinsey
& Company, including 7 years as a partner.
Cyrus brings a unique mix of strategic perspectives and execution skills. A
true citizen of the world, Cyrus has worked and lived in Asia, Europe and
North America over the course of his career. He has successfully led and grown
global businesses of scale and played a critical role in affirming State
Street's reputation as both a stalwart and pioneer within the sector.
This appointment follows a search process conducted by the Bridgepoint
Nomination Committee with the help of Russell Reynolds. Bridgepoint aims to
make one further non-executive appointment during the course of 2023 to
complete the construction of its Board of Directors.
Commenting on the appointment, Cyrus Taraporevala, said:
"Bridgepoint has achieved an impressive leadership position in the
pan-European Alternative market and I'm excited to join the Board early in
their journey as a listed business and to use my experience to help the team
deliver on their growth objectives".
Commenting on the appointment, William Jackson, Executive Chairman, said:
"I am delighted that Cyrus is joining the Bridgepoint Board. We look forward
to benefiting from his perspective on strategy and deep understanding of
financial markets and the asset management industry, built up over his
impressive 30-year global career. He will be a great addition to the Board as
we continue to execute against the strategy outlined at IPO."
On 26 October 2022, it was announced that Cyrus had been appointed as a
non-executive director of Shell plc, with effect from 2 March 2023.
There are no other disclosures to make pursuant to LR 9.6.13 R.
ENQUIRIES
Bridgepoint
Analysts and investors Media
Adam Key Christian Jones / James Murray
adam.key@bridgepoint.eu (mailto:adam.key@bridgepoint.eu) christian.jones@bridgepoint.eu (mailto:christian.jones@bridgepoint.eu) /
james.murray@bridgepoint.eu (mailto:james.murray@bridgepoint.eu)
+44 7833 748010
+44 20 7034 3500
Finsbury Glover Hering (Public Relations Adviser to Bridgepoint)
Charles O'Brien / +44 20 7251 3801 / +44 7825 043656
Anjali Unnikrishnan / +44 20 7251 3801 / +44 7826 534233
Bridgepoint@fgsglobal.com (mailto:Bridgepoint@fgsglobal.com)
Issued by Bridgepoint Group plc
LEI: 213800KFNMVI8PDZX472
Registered in England and Wales with registration number 11443992
Registered office: 5 Marble Arch, W1H 7EJ
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