Curtis Banks Group PLC Directorate Change (5599M)

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RNS Number : 5599M

Curtis Banks Group PLC

09 January 2019

Curtis Banks Group plc

("Curtis Banks", the "Group")

Directorate Change

Curtis Banks, one of the UK's largest independent SIPP operators announces that its Chief Financial Officer, Paul Tarran, has notified the board that he intends to stand down and resign from the board by the end of 2019.

A process has begun to identify and recruit a successor as Chief Financial Officer. Paul will retain his current responsibilities until this process is complete to ensure a smooth transition.

Paul has been involved with Curtis Banks since its foundation nearly a decade ago and was appointed as Chief Financial Officer in 2012. He has played an important role in the significant growth of the Group and also the successful IPO of the business in 2015.

Will Self, Chief Executive of Curtis Banks, said:

"The board is grateful for Paul's huge contribution to the Curtis Banks Group. He has played an important role as Chief Financial Officer during a period when the business has grown from a start-up to one of the UK's largest independent SIPP operators. Paul has agreed to provide the support needed to ensure that a smooth transition takes place after a suitable successor has been identified."

Paul Tarran, Chief Financial Officer, said:

"I've hugely enjoyed my near 10 years with Curtis Banks and I'm immensely proud that it has grown into one of the UK's market leading pension companies during that period. The time is now right for me to take a step back from the business as the board continues to focus on the opportunities ahead. I look forward to working with my successor to ensure a smooth transition"

For more information:

 
 Curtis Banks Group plc                     www.curtisbanks.co.uk 
 Will Self - Chief Executive Officer        [phone] 
 Paul Tarran - Chief Financial Officer 
  Jane Ridgley - Chief Operating Officer 
 
 
 Peel Hunt LLP (Nominated Adviser 
  & Joint Broker)                           [phone] 
 Guy Wiehahn 
 Rishi Shah 
 
 N+1 Singer (Joint Broker)                  [phone] 
 Mark Taylor 
 Rachel Hayes 
 
 Camarco                                    [phone] 
 Ed Gascoigne-Pees 
 Hazel Stevenson 
  Jane Glover 
 

Notes to Editors:

Curtis Banks administers over 77,000 Self-Invested Pension Schemes, principally SIPPs and SSASs. The Group commenced trading in 2009 and has successfully developed, through a combination of organic growth and acquisitions, into one of the largest UK providers of these products. The Group currently employs approximately 570 staff in its head office in Bristol and regional offices in Ipswich and Dundee.

For more information - www.curtisbanks.co.uk

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END

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January 09, 2019 02:00 ET (07:00 GMT)