London Stock Exchange Group appoints Val Rahmani to male-majority board

Computer Task

05/12/2017 15:52

Dec 5 (Reuters) - London Stock Exchange Group  LSE.L  said 
on Tuesday Val Rahmani would join the company as an independent 
non-executive director on Dec. 20.  
    Rahmani has previously been a non-executive director of 
Aberdeen Asset Management and is currently a non-executive 
director of RenaissanceRe Holdings Ltd  RNR.N  and Computer Task 
Group Inc  CTG.O . 
    Rahmani has held various positions at IBM  IBM.N , and LSE 
said in a statement her "considerable technology knowledge and 
expertise" was a significant benefit. 
    Rahmani's appointment will take place a day after LSE 
shareholders are scheduled to meet to decide if chairman Donald 
Brydon should be removed, as demanded by activist hedge fund 
TCI.  urn:newsml:reuters.com:*:nL8N1O065Z 
    Women directors are still relatively few in Britain despite 
government efforts to encourage companies to appoint more. 
    During 2016, LSE signed Britain's Women in Finance Charter, 
looking to ensure equality in the workplace. Currently, LSE's 
ten-member board seats only one female.  
    Last year, Virgin Money's  VM.L  CEO Jayne-Anne Gadhia  
oversaw the drawing up of the Charter, which had 162 signatories 
as of November, including Bank of America Merrill Lynch  BAC.N  
and Deutsche Bank  DBKGn.DE .  urn:newsml:reuters.com:*:nL8N1N01S9 
     
     
 
 (Reporting by Noor Zainab Hussain in Bengaluru; editing by 
Carolyn Cohn) 
 ((noor.hussain@thomsonreuters.com; Within UK +44 20 7542 1810; 
Outside UK +91 80 6749 2764; Reuters Messaging: 
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Keywords: LSE DIRECTOR/