REG - Close Bros Grp PLC - Directorate Change

Close BrothersAnnouncement

29/06/2023 08:30

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RNS Number : 2848E  Close Brothers Group PLC  29 June 2023

 Directorate change

The board of directors of Close Brothers Group plc ("Close Brothers" or the
"Company") is pleased to announce the appointment of Kari Hale as an
independent non-executive director with effect from 28 June 2023.

On joining the board, Kari will become a member of the board's Risk and Audit
Committees. At the same time, and consistent with the Company's other
independent non-executive directors, he will also become a director of the
Company's Banking subsidiary, Close Brothers Limited.

Kari has extensive experience as an auditor and spent the majority of his
career at Deloitte.  He has financial services experience and broader sector
exposure as Head of Strategy for the Financial Services Practice.  Kari also
spent three years as an executive director at the Financial Services
Authority.  He is currently a non-executive director and audit committee
chair at Axa UK plc.

Mike Biggs, Chairman of Close Brothers, commented: "I am very pleased to be
welcoming Kari to the Close Brothers' board.  He brings considerable audit
and commercial expertise and has a deep understanding of the audit and
governance environment in which the group operates.  Kari's skills and
expertise will be a strong complement to the existing board and I look forward
to working with him."

Kari Hale said: "I am delighted to be joining the board of Close Brothers.
 The Company has a distinctive and successful model, and a strong culture
focused on customers, partners and colleagues.  I look forward to working
with colleagues on the board and senior management to play a part in the
group's ongoing development."

No other information is required to be disclosed pursuant to paragraph 9.6.13R
of the Listing Rules in relation to Kari's appointment as a director of Close
Brothers.

Enquiries

 Sarah Peazer-Davies  Company Secretary               020 3857 6482

 Sophie Gillingham    Director of Investor Relations  020 3857 6574

                      Close Brothers Group plc

About Close Brothers

Close Brothers is a leading UK merchant banking group providing lending,
deposit taking, wealth management services and securities trading.  We employ
approximately 4,000 people, principally in the United Kingdom and Ireland.
Close Brothers Group plc is listed on the London Stock Exchange and is a
member of the FTSE 250.

LEI Code: 213800W73SYHR14I3X91

 

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