Law Debenture Corp PLC Directorate Change (9695Z)

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RNS Number : 9695Z

Law Debenture Corp PLC

20 December 2017

The Law Debenture Corporation p.l.c.

Fifth Floor

100 Wood Street

London

EC2V 7EX

20 December 2017

Appointment of Chief Executive Officer

The Law Debenture Corporation p.l.c. (the "Corporation") is pleased to announce that Denis Jackson has been appointed as Chief Executive Officer of the Law Debenture Group. His appointment will commence on 1 January 2018 and he will join the board of the Corporation as an Executive Director on that date.

Denis Jackson joined Law Debenture in July 2017 as Chief Commercial Officer. He was previously with Capita plc as director of new business enterprise, having been a director at Throgmorton UK Limited, a financial services outsourcing company that was acquired by Capita. Prior to that, he was regional general manager - Europe and the United States - for Tibra Trading Europe Limited, a FCA regulated proprietary trading company. He joined Tibra from Citigroup (formerly Salomon Brothers) where he spent almost 20 years in a variety of roles including in Treasury (both in New York and London), as Head of the Finance Desk in Hong Kong, Head of Fixed Income Prime Brokerage in New York and ultimately, Head of EMEA Prime Brokerage Sales. Denis started his career as a graduate trainee with Sumitomo Bank.

A geophysics graduate from Edinburgh University, Denis has a 30 year track record of financial services experience that includes product development, sales, outsourcing generally and the provision of third party professional services specifically.

Christopher Smith, Chairman of the Corporation said "Denis Jackson has many years of significant operational and transactional leadership experience in the financial services sector. The board and I have been impressed by how quickly he has settled in at Law Debenture. It is clear that he has the necessary skills and aptitude to drive forward and grow our independent professional services. The board also wishes to place on record its appreciation to Tim Fullwood. Tim has been an extremely capable CFO at Law Debenture since July 2003. He will start his well-deserved retirement following Denis' appointment and we wish him well for the future."

Denis replaces Tim Fullwood, who has been Chief Executive on an interim basis since 22 October.

Richard Goss has been appointed as interim Chief Financial Officer on a six month contract, pending the appointment of a permanent CFO. Richard is an FCA with long experience in financial services, principally in the building society and insurance sectors.

There is no other information about Denis Jackson that is required to be disclosed under section 9.6.13 of the Listing Rules.

Contact Ian Bowden, Company Secretary - 020 7696 5285.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 20, 2017 09:32 ET (14:32 GMT)