REG - GB Group PLC - Directorate Change

GBAnnouncement

08/11/2023 07:00

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RNS Number : 7013S  GB Group PLC  08 November 2023

 ~Embargoed until 7.00 a.m.  Wednesday, 8 November 2023

 

 

Retirement of Chief Executive / Appointment of CEO designate

 

GB Group plc, (AIM: GBG) the experts in digital location, identity
verification and identity fraud software,  announces that Chris Clark, the
Company's Chief Executive Officer, has informed the Board of his intention to
retire as CEO and will step down from the Board with effect from 30 January
2024, and will be available to the Company until 30 July 2024.

 

Following the conclusion of a rigorous selection process by the Nomination
Committee, the Company is pleased to announce that Dev Dhiman has been
promoted to Chief Executive Designate. Dev will assume the role of Chief
Executive Officer and will join the Board on 30 January 2024.  In the
meantime, he will work closely with Chris to ensure an orderly handover.

 

Dev joined GBG in November 2020 as Managing Director, Asia Pacific. During the
past three years our APAC business has consistently delivered year-on-year
revenue growth and Dev has demonstrated excellent leadership qualities aligned
with GBG's people-focused culture. Previously, he spent 12 years at Experian,
where he held a variety of senior positions, he has considerable knowledge and
experience of the sector and the markets in which we operate.

 

Richard Longdon, Chair of GBG, said: "On behalf of the Board, I would like to
give our thanks to Chris for his significant contribution over the last 7
years, his passion and dedication will be missed by everyone at GBG and we
wish him the very best in his retirement. I am delighted to be able to
announce Dev's appointment as CEO designate.  During our selection process it
was clear that Dev's deep understanding of GBG, its markets and potential,
make him the ideal leader to replace Chris. We are confident that he will work
together, with the excellent Executive Team, to lead GBG through the next
phase of its evolution."

 

 

For further information, please contact:

 GBG

 Richard Foster, Investor Relations              +44 (0) 7816 124164

 Annabelle Burton, Company Secretary             +44 (0) 7976 660181

 Numis (Nominated Adviser and Corporate Broker)  +44 (0) 0207 260 1000

 Simon Willis & Joshua Hughes

 Barclays (Corporate Broker)                     +44 (0) 207 623 2323

 Rob Mayhew & Stuart Jempson
 Teneo (Financial PR)                            +44 (0) 207 260 2700

 James Macey White & Matt Low                    GBG@teneo.com

 Website                                         www.gbgplc.com/investors

About GBG

GBG is the leading expert in global digital identity. We combine our powerful
technology, the most accurate data coverage and our talented team to deliver
award-winning location intelligence, identity verification and fraud
prevention solutions.

 

With over 30 years' experience, we bring together a team of over 1,250
dedicated experts with local industry insight from around the world to make it
easy for businesses to identify and verify customers and locations, protecting
everyone, everywhere from fraud.

To find out more about how we help our customers establish trust with their
customers visit www.gbgplc.com (http://www.gbgplc.com) and follow us on
LinkedIn and Twitter @gbgplc.

 

Regulatory

 

In accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules
for Companies, Dev Datt Dhiman (aged 39) holds or has held in the past 5 years
the following directorships and partnerships:

 

Current Directorships

 

 Position  Organisation
 Director  GBG (Singapore) Pte. Ltd
 Director  GBG (Australia) Pty Ltd
 Director  GBG ANZ Pty Ltd
 Director  Mastersoft Group Pty Ltd
 Director  Verifi Identity Services Limited
 Director  Verifi Identity Services Limited
 Director  PT Fraud Solutions Indonesia
 Director  Beijing GBG Information Technology Co Ltd
 Director  GBG (Malaysia) Sdn. Bhd
 Director  GBG (Thai) Co., Ltd

 

Past Directorships (within past five years):

 

 Position  Organisation
 Director  Experian Singapore Pte. Ltd.
 Director  Experian Asia-Pacific Holdings Pte. Ltd.
 Director  Experian Credit Services Singapore Pte. Ltd.
 Director  Experian Credit Bureau Singapore Pte. Ltd.
 Director  DP Management Pte. Ltd.
 Director  Enroc Pte. Ltd.
 Director  Experian (Thailand) Company Limited
 Director  PT. Experian Decision Analytics Indonesia
 Director  Experian Information Services (Malaysia) Sdn. Bhd

 

Save as disclosed above, Dev Datt Dhiman has confirmed that there is no
further information required to be disclosed pursuant to Schedule 2, paragraph
(g) of the AIM Rules for Companies.

 

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