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FBH Fbd Holdings Plc

13.15
0.30 (2.33%)
Last Updated: 11:23:38
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Fbd Holdings Plc LSE:FBH London Ordinary Share IE0003290289 ORD EUR0.60 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.30 2.33% 13.15 12.60 13.70 13.15 12.85 12.85 0.00 11:23:38
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Insurance Carriers, Nec 334.43M 64.45M 1.8388 10.82 697.54M

FBD Holdings PLC Directorate Change (2480I)

31/03/2020 2:30pm

UK Regulatory


Fbd (LSE:FBH)
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From Mar 2019 to Mar 2024

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TIDMFBH

RNS Number : 2480I

FBD Holdings PLC

31 March 2020

FBD Holdings plc

FBD Insurance plc

Appointment of Interim Chief Executive Officer

31(st) March 2020

FBD Holdings plc ("FBD" or the "Group") announces the appointment of Paul D'Alton as interim Chief Executive Officer and as an executive Director of both the Group and of FBD Insurance plc, with effect from 3 April, 2020. Mr. D'Alton is succeeding Ms. Fiona Muldoon who informed the Board on 24 October, 2019 of her intention to step down as Group CEO and director in 2020.

Mr. D'Alton is a Chartered Accountant, with extensive experience in senior leadership roles in the general insurance and banking sectors having previously served as interim Chief Financial Officer of FBD and Chief Financial Officer of Bank of Ireland.

Commenting on the changes announced, the Chairman, Liam Herlihy, said:

"I would like to extend the warmest gratitude to Fiona for her hard work and effective contribution to FBD over the last five years. She has been instrumental in the transformation and development that has taken place in FBD. Her relentless focus on the business and its customers has been remarkable. Shareholders and the community alike have benefitted from her tireless efforts. We wish her the very best for the future.

"I am also pleased to announce Paul's appointment to the Board and as interim Chief Executive Officer. He is highly regarded in the investment community and as a former FBD colleague, he knows our business well. I look forward to his contribution to FBD and am confident in his ability to deliver for all stakeholders, given his substantial experience in financial services in Ireland. The Board continues to make progress towards its appointment of a permanent CEO."

This announcement is made in accordance with Listing Rule 6.1.64 of Euronext Dublin's Listing Rules and Rule 9.6.11 of the London Stock Exchange Listing Rues. The Group confirms that there are no matters requiring disclosure under Rule 6.1.66(1)-(6) of Euronext Dublin Listing Rules/Rule 9.6.13 of the London Stock Exchange Listing Rules.

Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the "Market Abuse Regulation") requires disclosure of inside information relating to the Group and this announcement contains inside information as defined in Article 7 of the Market Abuse Regulation and is disclosed in accordance with the Group's obligations under Article 17 of the Market Abuse Regulations.

 
 Enquiries         Telephone 
 
 
   Goodbody 
 Joe Gill         +353 1 641 9449 
 
   Powerscourt 
 Jack Hickey       +353 83 4488 339 
 

About FBD Holdings plc

FBD is one of Ireland's largest property and casualty insurers, looking after the insurance needs of farmers, consumers and business owners. Established in the 1960s by farmers for farmers, FBD has built on those roots in agriculture to become a leading general insurer serving the needs of its direct agricultural, small business and consumer customers throughout Ireland. It has a network of 34 branches nationwide.

The following details relate to FBD's ordinary shares of EUR0.60 each which are publicly traded:

 
  Listing              Euronext Dublin           UK Listing Authority 
  Listing Category     Premium                   Premium (Equity) 
  Trading Venue        Euronext Dublin           London Stock Exchange 
  Market               Main Securities Market    Main Market 
  ISIN                 IE0003290289              IE0003290289 
  Ticker               FBD.I or EG7.IR           FBH.L 
 
 
 

FBD Holdings plc, FBD House, Bluebell, Dublin 12

Registered in Dublin, Ireland Registered Number 135882

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

March 31, 2020 09:30 ET (13:30 GMT)

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