Tullett Prebon PLC Directorate Change (4332X)

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RNS Number : 4332X

Tullett Prebon PLC

06 May 2016

6 May 2016

Tullett Prebon plc

Directorate Change

Tullett Prebon plc ("the Company") is pleased to announce the appointment of Andrew Baddeley as Chief Financial Officer. He succeeds Paul Mainwaring who is standing down after nearly ten years as Group Finance Director.

Andrew will also join the board of Tullett Prebon plc as an Executive Director with effect from 13 May 2016.

Andrew has 28 years of experience in financial services organisations operating in the UK and internationally. He was previously CFO at Brit Insurance Group, the Lloyd's-based insurance group owned by private equity that listed on the London Stock Exchange following a successful IPO in 2014. Prior to this, Andrew spent 5 years as Group Finance Director at Atrium, a Lloyd's insurer. His previous experience includes holding senior financial positions at General Re, a subsidiary of Berkshire Hathaway. His early career was spent at EY and PwC. He is a Chartered Accountant and a member of the Chartered Institute of Taxation.

The appointment of Mr Baddeley as an executive officer of the Company is with immediate effect.

John Phizackerley, Chief Executive of Tullett Prebon, said:

"I am delighted to welcome Andrew to Tullett Prebon and am looking forward to his contribution to our team and the Board. Andrew has almost thirty years' experience in the financial services industry and he will be a great addition to my team."

"At the same time, I want to thank Paul Mainwaring for his enormous contribution to our firm over almost a decade. Paul has been a highly effective and dedicated Finance Director during his time with Tullett Prebon. He has headed the Group's finance function with great skill and effectiveness, maintaining discipline over costs, cash and capital. He played an important part in bringing about the signing of the agreement for the proposed acquisition of ICAP's global hybrid voice broking and information business in November 2015. I, and everyone at Tullett Prebon, would like to wish him all the very best for the future."

Pursuant to Listing Rule 9.6.13R of the Listing Rules of the Financial Conduct Authority, there is no further information that is required to be disclosed in respect of this appointment.

Ends

Enquiries:

 
 Tullett Prebon 
 Stephen Breslin, Group Head                   [phone] 
  of Communications                     [e-mail] 
 
 Brunswick PR 
 Kim Fletcher                                [phone] 
 Craig Breheny                  [e-mail] 
 

Further information on the Company and its activities is available on the Company's website: www.tullettprebon.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 06, 2016 02:00 ET (06:00 GMT)