Hansard Global plc Appointment of Chief Financial Officer

RNS Number : 5248G

Hansard Global plc

02 October 2024

 

2 October 2024

 

 

 

Hansard Global plc (the "Company")

Appointment of Chief Financial Officer and Executive Director

 

The Company is pleased to announce the appointment of Ollie Byrne as Chief Financial Officer (CFO) and Executive Director of the Company, with effect from 1 October 2024. This appointment follows Thomas Morfett's appointment as Chief Executive Officer, as announced on 2 August 2024.

Ollie joined the Company in 1997 and has held numerous roles in Actuarial, IT, Client Services, and Strategic Management, including Chief Operating Officer and most recently Commercial Director. In addition to having extensive experience in systems, operations, and people management, Ollie has been a driving force behind numerous strategic and commercial initiatives in recent years.

Ollie is a qualified actuary with over 30 years' experience in the life assurance industry. Prior to moving to Hansard, he worked for Guardian Life in Ireland. He is a Mathematics graduate from Trinity College Dublin and has a master's degree in Numerical Analysis, also from Trinity College Dublin.

Thomas Morfett, Chief Executive Officer, commented:

"I'm looking forward to working with Ollie as Chief Financial Officer. The Company is pleased to be making an internal promotion and Ollie's experience and knowledge of the business will be invaluable."

 

No information is required to be disclosed pursuant to Listing Rule 9.6.13R in respect of Mr Byrne's appointment.

 

Enquiries:

Hansard Global plc                                                                  [phone]

Thomas Morfett, Group Chief Executive Officer

Hazel Stewart, Company Secretary

Email: [e-mail]

Camarco  

Ben Woodford                                                                                   [phone]

Geoffrey Pelham-Lane                                                                      [phone]

Hugo Liddy                                                                                          [phone]

 

LEI number: 213800ZJ9F2EA3Q24K05

 

Notes to editors:

·     Hansard Global plc is the holding company of the Hansard Group of companies. The Company was listed on the London Stock Exchange in December 2006. The Group is a specialist long-term savings provider, based in the Isle of Man.

·       The Group offers a range of flexible and tax-efficient investment products within a life assurance policy wrapper, designed to appeal to affluent, international investors.

·       The Group utilises a controlled cost distribution model via a network of independent financial advisors and the retail operations of certain financial institutions who provide access to their clients in more than 170 countries. The Group's distribution model is supported by Hansard OnLine, a multi-language internet platform, and is scalable.

·       The principal geographic markets in which the Group currently services contract holders and financial advisors are the Middle East & Africa, the Far East and Latin America. These markets are served by Hansard International Limited and Hansard Worldwide Limited.

 

·       Hansard Europe dac previously operated in Western Europe but closed to new business with effect from 30 June 2013.

·       The Group's objective is to grow by attracting new business and positioning itself to adapt rapidly to market trends and conditions. The scalability and flexibility of the Group's operations allow it to enter or develop new geographic markets and exploit growth opportunities within existing markets without the need for significant further investment.

 

The information contained in this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (Regulation 596/2014), as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR")

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