REG - Phoenix Group Hldgs - Board Changes

Phoenix groupAnnouncement

09/05/2022 14:15

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RNS Number : 8179K  Phoenix Group Holdings PLC  09 May 2022

LEI: 2138001P49OLAEU33T68

 

09 May 2022

 

Phoenix Group Holdings plc - Board Changes

 

The Board of Phoenix Group Holdings plc ("Phoenix Group" or "the Group") is
pleased to announce the appointment of Maggie Semple OBE as an independent
Non-Executive Director with effect from 1 June 2022.

 

Maggie is a successful businesswoman and entrepreneur, with a career history
spanning across education, government, non-profit and commercial roles. Over
the last 15 years, Maggie has also gained broad experience as a non-executive
director in a number of different organisations, such as Her Majesty's Court
Service, the Criminal Cases Review Commission, the Ministry of Justice (Chair
of Audit, Risk & Compliance) and McDonald's Restaurants.

 

Commenting on the appointment, Nicholas Lyons, Phoenix Group Chairman, said:
"I am delighted that Maggie will be joining the Phoenix Group Board. Maggie
brings a wealth of experience to the Group, including solid customer focus and
support for growing businesses. She has a passion for sustainability, ethics
and inclusivity, which we believe will enhance our ever increasing focus on
ESG at Phoenix. We look forward to welcoming Maggie as a new addition to the
Board."

 

The Phoenix Board is also pleased to announce the appointment of Stephanie
Bruce, Chief Financial Officer of abrdn plc ("abrdn"), as a Non-Executive
Director with effect from 1 July 2022. Stephanie has been nominated for the
appointment by abrdn in accordance with the terms of the relationship
agreement between Phoenix Group and abrdn. Stephanie will replace Mike Tumilty
who will resign from the Phoenix Group Board as the current abrdn nominated
Non-Executive Director with effect from 30 June 2022.

 

Commenting on the change to the abrdn nominated Board appointment, Nicholas
Lyons, Phoenix Group Chairman, said: "I would like to thank Mike for his
excellent contribution to the Board since joining in September 2019. We wish
Mike every success in the future. I look forward to welcoming Stephanie as a
new Non-Executive Director to the Board. Stephanie is a highly experienced
financial services practitioner with significant sector knowledge, both
technical and commercial, and I am confident that her extensive experience
will add great value to the Board."

 

There is no further information required to be notified under Listing Rule
9.6.13 R with regard to the appointments referred to above.

 

Enquiries:

 Media                                                             Investors
 Douglas Campbell                                                  Claire Hawkins, Corporate Affairs Director, Phoenix Group

                                                                 +44 (0) 204 559 3161
 Teneo

                                                                 Andrew Downey, Investor Relations Director, Phoenix Group
 +44 (0)7753 136628

                                                                 +44 (0) 204 559 3145
 Shellie Wells, Corporate Communications Director, Phoenix Group

 +44 (0) 204 559 3031

 

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