Walker Crips Group plc Management Changes (3496N)

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RNS Number : 3496N

Walker Crips Group plc

24 September 2019

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

24 September 2019

Walker Crips Group plc

Management Changes

Walker Crips Group plc (the "Group"), the investment management, wealth management, pensions administration and regulation technology Group, is pleased to announce two key appointments to further develop their core business with the appointment of Nicolaj Bagge-Hansen (Nick Hansen) as Chief Executive Officer ("CEO") of Walker Crips Investment Management Limited ("WCIM") and the appointment of Christopher Darbyshire as Chief Investment Officer ("CIO") of WCIM.

Nick Hansen joined WCIM in 2007 as Head of Structured Products, and was appointed Executive Director to the WCIM Board in 2010. Nick brings a broad range of executive and leadership knowledge and extensive experience of strategy and product development. He will assume the role of CEO of WCIM with effect from 24 September 2019 from Sean Lam, the Group Chief Executive Officer, who has acted as interim CEO of WCIM since 30 January 2019.

Chris Darbyshire joins WCIM as CIO on 24 September 2019. Chris Darbyshire was previously CIO at Seven Investment Management LLP and, before that, held senior positions at Societe Generale, Goldman Sachs and BNP Paribas.

David Gelber, Chairman, Walker Crips Group plc, says: "I am pleased to announce the promotion of Nick Hansen to CEO of WCIM, and to announce that Chris Darbyshire will be joining WCIM as CIO. Nick originated our structured products business unit in 2007 and has grown the unit into one of the leading providers in UK market. Chris was CIO of 7IM, responsible for running their investment products and investment process, and was Chair of their Asset Allocation Committee."

Nick Hansen added "I am thrilled to be offered this role and enthused by the appointment of our new CIO. Retaining the spirit and tenacity that has given Walker Crips its 100 year history, we embrace the continued challenge of adapting to the changing landscape of our industry, whilst maintaining focus on our core propositions and good customer outcomes. The prospects for growth are very exciting for Walker Crips and I am committed to creating new opportunities for clients and delivering value to all stakeholders."

For further information, please contact:

Four Broadgate

   Roland Cross/Anthony Cornwell                         Tel:  [phone] 

Cantor Fitzgerald Europe

   Will Goode / Philip Davies                                  Tel: [phone] 

Further information on Walker Crips Group is available on the Company's website at www.wcgplc.co.uk

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September 24, 2019 02:01 ET (06:01 GMT)