12 September 2024
Quilter plc
Directorate
Changes
Further to the announcement made on
7 August 2024, Quilter plc ("Quilter" or the "Company") confirms
that Tim Breedon has stepped down from the Quilter Board on 11
September 2024.
With effect from 12 September
2024:
1. Neeta Atkar, who has served on the Board since August 2022,
has been appointed as Senior Independent Director and Chair of
the Board Remuneration Committee.
2. Alison Morris has been appointed as a member of the Board
Remuneration Committee.
3. Chris Hill has been appointed as Quilter's Workforce
Engagement Director.
Commenting on today's announcement,
Ruth Markland, Quilter Chair, said, "I am delighted that Neeta,
Alison and Chris have agreed to take on these additional
responsibilities. Neeta brings a wealth of experience serving as a
Senior Independent Director and on remuneration committees, which
will be of significant value in her new roles. Once again, on
behalf of the Quilter Board, I would like to express our gratitude
to Tim and wish him well for the future."
Notes:
1.
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Neeta Atkar has been a member of the
Quilter Board since August 2022 and currently chairs the Board Risk
Committee and serves on the Board Audit Committee and the Board
Corporate Governance and Nominations Committee. She is a
Non-executive Director of the
British Business Bank plc, where she has been Senior
Independent Director since 2019. Neeta has extensive experience
serving on remuneration committees, having been a member of the
Nomura Europe Holdings plc remuneration committee since 2018, where
she also chairs their German subsidiary remuneration
committee.
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2.
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Neeta's appointment as Chair of the
Board Remuneration Committee is subject to regulatory
approval.
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3.
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Alison Morris has gained experience
of serving on board remuneration committees, and is currently a
member of the board remuneration committee at Paragon Banking Group
PLC.
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4.
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From 12 September 2024, the
membership of the Quilter Board Committees is as
follows:
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Board Audit
Committee
George Reid
(Chair)
Neeta
Atkar
Chris
Hill
Alison
Morris
|
Board
Corporate Governance and Nominations Committee
Ruth
Markland (Chair)
Neeta
Atkar
George
Reid
|
Board
Remuneration Committee
Neeta Atkar
(Chair)
Chris
Hill
Ruth
Markland
Alison
Morris
|
Board Risk
Committee
Neeta Atkar
(Chair)
Moira
Kilcoyne
Alison
Morris
George
Reid
Chris
Samuel
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5.
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Neeta Atkar will receive additional
fees of £20,000 per annum for her role as Senior Independent
Director and £30,000 per annum for her role as Chair of the Board
Remuneration Committee.
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6.
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Alison Morris will receive an
additional fee of £15,000 per annum for her role as a member of the
Board Remuneration Committee.
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7.
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Biographical details of the Quilter
plc Board, including Neeta Atkar, Chris Hill and Alison Morris can
be found at https://plc.quilter.com/about-us/quilter-leadership/
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8.
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No other details are required to be
disclosed under paragraph 6.4.8R of the UK Listing Rules, save as
disclosed in this announcement.
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Enquiries:
John-Paul Crutchley - Head of
Investor Relations
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Tel: +44 (0)7741 385 251
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Clare Barrett - Company
Secretary
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Tel: +44
(0)207 002 7072
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About Quilter plc:
Quilter plc is a leading provider of
financial advice, investments and wealth management,
committed to being the UK's best wealth
manager for clients and their advisers.
Quilter oversees £113.8 billion in
customer investments (as at 30 June 2024).
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: Affluent and
High Net Worth.
Affluent encompasses the
financial planning business, Quilter Financial Planning, the
Quilter Investment Platform and Quilter Investors, the
multi-asset investment solutions business.
High Net Worth includes the
discretionary fund management business, Quilter Cheviot, together
with Quilter Cheviot Financial Planning.