2 July 2024
Arbuthnot
Banking Group PLC
Appointment of new
independent non-executive director
The Board of Arbuthnot Banking Group PLC ("the
Company") is pleased to announce the appointment of Richard
Gabbertas as a new independent non-executive director, with
immediate effect. Mr. Gabbertas is already on the board of
Arbuthnot Latham & Co., Limited, the Company's banking
subsidiary, having served as an independent non-executive director
since November 2020.
Sir Henry Angest, Chairman and Chief Executive
of the Company commented:
"I am delighted to welcome Richard Gabbertas to
the Board of the Company. He has a deep understanding of banking
regulation and of the arrangements and operations in the banking
and financial services sectors. This will be of great value as the
business continues to grow over the coming years."
Richard Kenneth Gabbertas, aged 64, is a highly
experienced accountant and auditor, having been a partner of KPMG
for 23 years, with a client base consisting of a number of
financial services and banking firms, prior to his retirement in
2018. Since 1 June 2024, he has been the Chairman of the Arbuthnot
Latham Risk Committee, having previously been Chairman of its Audit
Committee.
He is currently a non-executive director of a
banking company, Recognise Bank Limited, a subsidiary of City of
London Group plc of which he is also a director. He was previously
a director of Hadwin Investments Limited which was dissolved on 2
April 2024. He is or has been a director of the following companies
or partner in the following partnerships in the last five
years:
Current directorships:
Arbuthnot Latham & Co., Limited
Recognise Bank Limited
City of London Group plc (in voluntary
liquidation)
Past directorships:
Hadwin Investments Limited
There is no further information relating to
Richard Gabbertas that is required to be disclosed pursuant to
paragraph 2(g) of Schedule Two to the AIM Rules for Companies or to
Rule 4.9 of the AQSE Growth Market Apex Rulebook.
The Directors of the Company accept
responsibility for the contents of this announcement.
Enquiries:
Arbuthnot Banking Group
020 7012 2400
Sir Henry Angest, Chairman and Chief
Executive
Andrew Salmon, Group Chief Operating
Officer
James Cobb, Group Finance
Director
Grant Thornton UK LLP (Nominated Adviser and
AQSE Exchange Corporate
Adviser)
020 7383 5100
Colin Aaronson / Samantha Harrison /
Ciara Donnelly
Shore Capital
(Broker)
020 7408 4090
Daniel Bush / David Coaten /
Tom Knibbs
H /
Advisors Maitland (Financial PR)
020 7379
5151
Sam Cartwright