Jupiter Fund Management PLC Directorate Change (5130P)

TIDMJUP

RNS Number : 5130P

Jupiter Fund Management PLC

01 September 2017

Jupiter Fund Management plc

1 September 2017

Jupiter Fund Management plc announces Board change

Jupiter Fund Management plc ("Jupiter" or the "Company") announces that Roger Yates will, subject to FCA approval, join the Board as an independent Non-Executive Director later this year. Roger will be appointed as a member of the Nomination and Remuneration Committees.

Roger has been a senior figure in the asset management industry for more than 30 years. During this period, he led two global asset managers as Chief Executive Officer.

Having started his career in portfolio management, Roger worked as Chief Investment Officer of Morgan Grenfell and then LGT/Invesco during the 1990s before being appointed CEO of Henderson Group in 1999. After a decade leading Henderson, he was appointed CEO of Pioneer in 2010, became Non-Executive Chairman three years later and stepped down from this role following Pioneer's merger with Amundi in July 2017.

Roger also has over a decade of experience as a non-executive director, having served on the boards of IG Group Holdings plc, F&C Asset Management plc and Electra Private Equity plc. He is currently on the board of St James's Place plc, where he chairs the remuneration committee. He is also a non-executive director at JPMorgan Elect plc.

Liz Airey, Chairman of Jupiter, said: "Jupiter will benefit greatly from Roger's broad industry experience, particularly that gained as CEO of a UK listed asset manager and as a non-executive director of a number of UK financial services companies. We look forward to the perspective and insight he will bring to our Board discussions as we seek to build on our successful growth strategy."

Roger Yates said: "Jupiter has a reputation for delivering consistent investment outperformance and impressive sales growth. I look forward to helping the Board and executive team achieve Jupiter's strategic objectives."

In relation to the appointment there are no details required to be disclosed under paragraphs 2-6 of 9.6.13 of the Listing Rules.

   -     Ends - 

For further information please contact:

                                                     Investors                                          Media 
   Jupiter                                    Adam Westley                               Alicia Wyllie 
                                                     [phone]                      [phone] 
   FTI Consulting                     Tom Blackwell                               Andrew Walton 
                                                     [phone]                      [phone] 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 01, 2017 02:00 ET (06:00 GMT)