Quilter PLC Directorate Change (0506S)

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RNS Number : 0506S

Quilter PLC

06 July 2020

6 July 2020

Quilter plc

Directorate Change

Quilter plc Board composition

Quilter plc announces that Jon Little will be stepping down as an independent Non-executive Director of the Company, with effect from 30 September 2020. Jon has recently taken on a new full-time role that will not allow him to commit the required time to his role with Quilter.

Mr Little has served on the Quilter Board and as a member of the Board Remuneration Committee since May 2017. He is also Chairman of Quilter Investors Limited, Quilter's Multi-asset investment solutions business, and he will also step down from that role at the end of September 2020. An external search agency has been appointed to help us identify a successor to Jon on the Quilter Board.

Glyn Jones, Chairman of Quilter plc , comments:

" Jon Little has played a significant role since joining the Board in May 2017 by first supporting the preparation of Quilter for listing and later bringing his deep experience of the asset management industry to bear in re-shaping the business into a modern wealth management business and in particular guiding the build-out of Quilter Investors. We thank him for his contribution and wish him well in his future endeavours."

Jon said , "I have enjoyed the three years that I have spent on the Quilter Board enormously and I will continue to monitor closely the progress of Quilter as it continues to realise its full potential."

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Enquiries:

 
 John-Paul Crutchley - Head of Investor Relations   Tel: [phone] 
 
  Jane Goodland - Corporate Affairs Director         Tel: [phone] 
                                                     Tel: + 44 (0)7391 867 081 
  Patrick Gonsalves - Company Secretary 
 

About Quilter plc

Quilter plc is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

Quilter plc oversees GBP95.3 billion in customer investments (as at 31 March 2020).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset investment solutions; and discretionary fund management.

The business is comprised of two segments: Advice and Wealth Management and Wealth Platforms.

Advice and Wealth Management encompasses the financial planning businesses, Quilter Financial Planning, Quilter Private Client Advisers and Quilter Financial Advisers; the discretionary fund management business, Quilter Cheviot; and Quilter Investors, the Multi-asset investment solutions business. Wealth Platforms includes the Old Mutual Wealth UK Platform and Quilter International, including AAM Advisory in Singapore.

Since its IPO in June 2018, the Group's businesses have progressively re-branded to Quilter. The UK Platform will be the final business to rebrand; this will follow the safe delivery of the new platform technology. Descriptor for re-branded business units:

 
Previous                          New 
Intrinsic                         Quilter Financial Planning 
Old Mutual Wealth Private Client 
 Advisers                         Quilter Private Client Advisers 
Quilter Investors                 Quilter Investors 
Quilter Cheviot                   Quilter Cheviot 
UK Platform                       Quilter Investment Platform 
International                     Quilter International 
                                  ------------------------------- 
 

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July 06, 2020 04:00 ET (08:00 GMT)