REG - Record PLC - Directorate Change & Senior Subsidiary Appointment

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RNS Number : 3283D  Record PLC  14 October 2025

 

14 October 2025

RECORD PLC

Directorate Change and Senior Subsidiary Appointment

Record plc ("Record", the "Company" or the "Group"), the specialist currency
and asset manager, announces a senior appointment at Record Currency
Management Limited ("RCML"), the Group's FCA regulated subsidiary

Dr. Othman Boukrami

Record is pleased to announce the appointment of Dr. Othman Boukrami as a
member of the RCML Executive Leadership Team and RCML Board Director, subject
to FCA approval. Othman is well known to the Group after serving as a
Non-Executive Director for Record since July 2024. He was previously the CIO
and Deputy CEO at the Currency Exchange Fund (TCX), having built a career of
more than 16 years there. Othman led the development of currency hedging in
developing and frontier markets and mobilizing private sector investments.
With Othman's skill set and experience he will join the Board of RCML to
implement our long-term strategic goals and to further develop our frontier
market offering.

Othman will step down with immediate effect from his role as Record
Non-Executive Director, before joining RCML in an executive capacity on 1
December 2025. A search for a replacement Non-Executive Director is now
underway.

Following the appointment, Dr. Jan Witte, Record plc CEO, said:

After working with Othman on the Group Board for the last year, I am delighted
that he will now join RCML as a member of the Executive Leadership Team and
Board Director. Othman adds considerable strength to our talented leadership
team, alongside our recently appointed Group CIO, Andreas Daenzer, and we are
confident that our newly formed team has the skills and experience to deliver
on our strategy.

Dr. Othman Boukrami said:

I am honoured to be joining RCML in an executive capacity at such a dynamic
time for the industry. I look forward to collaborating with the talented team
to build on the firm's distinguished legacy, support its continued growth, and
deliver long-term value to our clients. RCML has established a strong
reputation for excellence in currency risk management and for its unwavering
commitment to innovation, transparency, and client service, and I am proud to
contribute to this mandate.

This notice is given in fulfilment of Record's obligations under UKLR 6.4.6 of
the Listing Rules.

 

-Ends -

 

For further information, please contact:

 

 Record plc                                 investorrelations@recordfg.com

 Dr Jan Witte, Chief Executive Officer

 Richard Heading, Chief Financial Officer

 Panmure Liberum                            Tel: +44 (0)20 7886 2500

 Atholl Tweedie

 David Watkins

 

LEI Number: 5493000VJ55ZTYGX4322

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