28 November 2024
Hansard Global
plc
(the
"Company")
Resignation and Appointment
of Independent Non-Executive Directors
The Company announces that Jose
Ribeiro has advised the Board that he will step down as Independent
Non-Executive Director, Senior Independent Director, and Chair of
the Remuneration Committee of the Company with effect
from 31 December
2024.
Jose's decision follows his recent
appointment at Starr Insurance as President, Asia Pacific (APAC)
and Latin America (LATAM) which he will take up on 1 January 2025.
Jose has advised the Board that due to his new executive role he
will be unable to dedicate sufficient time to contribute to the
Company appropriately.
Following a process led by the
Nominations Committee, and supported by an independent executive
search firm, the Company is pleased to announce the appointment of
Lynzi Harrison as an Independent
Non-Executive Director of the Company with effect from
11 December
2024.
Lynzi has over 25 years of relevant
industry experience, spending 19 years in a variety of roles with
Old Mutual. Lynzi currently serves on the boards of Omnilife Ltd,
Irwin Mitchell Asset Management Limited, Personal Touch Financial
Services Ltd (part of the PRIMIS Group) and Holloway Friendly
Society, and is a non-executive member of the With Profit Committee
of Utmost L&P.
The Nominations Committee will, at
its December meetings, consider and determine who will assume the
roles of Senior Independent Director and Chair of the Remuneration
Committee from 1 January 2025.
Jose Ribeiro commented:
"It has been an immense honor to work
alongside such a talented and committed group of professionals to
reposition the Hansard Group for future growth and embark on an
exciting new journey globally. I am confident the Group is well
positioned for a bright future as it fully optimizes the use of its
new IT platform and rolls out a new generation of innovative
products. I look forward to witnessing the continued success
of the Hansard Group. Thank you once again for the incredible
journey."
Philip Kay, Chairman of the Board,
commented:
"On behalf of the Board, I would
like to thank Jose for his five years of service to the Company and
wish him every success in his new position."
He further commented:
"I look forward to Lynzi joining the
Company as an Independent Non-Executive Director. The Company will
greatly benefit from the number of years Lynzi spent in executive
roles within finance and operations in the wealth management and
global distribution sectors."
There are no further details to be
disclosed under Listing Rule 6.4.8R in respect of Lynzi Harrison's
appointment.
Enquiries:
Hansard Global plc
+44 (0) 1624 688 000
Thomas Morfett, Group Chief
Executive Officer
Hazel Stewart, Company
Secretary
Email: investor-relations@hansard.com
Camarco
Ben Woodford
+44 (0) 7990 653 341
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.
