Quilter plc has revealed significant changes to its board of directors. The company announced the appointment of Chris Hill as an independent Non-executive Director, effective from Thursday, March 7, 2024. This comes alongside notifications from Tazim Essani and Paul Matthews, who will not seek re-election and will step down as independent Non-executive Directors at the Company’s Annual General Meeting (AGM) on Thursday, May 23, 2024.
In a strategic move, Quilter plc welcomes Chris Hill to its Board of Directors. Chris brings a wealth of experience in the financial services industry, having served as the Chief Executive Officer at Hargreaves Lansdown plc and Chief Financial Officer at IG Group Holdings plc, a FTSE 250 online trading platform. He also held the position of Chief Financial Officer at Travelex, the global currency and payments business. Chris Hill’s appointment is set to enhance the board’s financial expertise and knowledge of the wealth management sector.
| Chris Hill’s Background: |
|---|
| – Former CEO of Hargreaves Lansdown plc |
| – Former CFO of IG Group Holdings plc |
| – Former CFO of Travelex |
| – Board member of FCA Practitioner Panel |
| – Board member of the Investment Association |
Tazim Essani, who serves on the Board Audit Committee, Board Remuneration Committee, and is the Workforce Engagement Director, will step down from these roles at the conclusion of the 2024 AGM. Similarly, Paul Matthews, a member of the Board Remuneration Committee and the Board Risk Committee, will step down from these positions at the same AGM. Both directors have made significant contributions to Quilter, with a particular focus on customers, advisers, and colleagues.
| Directors Stepping Down: |
|---|
| – Tazim Essani: Board Audit Committee, Board Remuneration Committee, Workforce Engagement Director |
| – Paul Matthews: Board Remuneration Committee, Board Risk Committee |
As part of the restructuring, Tim Breedon, currently the Senior Independent Director and Chair of the Board Remuneration Committee, will assume the role of Workforce Engagement Director, effective from Thursday, May 23, 2024. This transition underscores Quilter’s commitment to workforce engagement and strategic leadership.
Quilter plc’s board changes reflect a strategic realignment to strengthen its leadership team. With Chris Hill’s appointment and the transition of roles, the company aims to leverage deep industry knowledge and experience to drive its strategic vision forward. The resignations of Tazim Essani and Paul Matthews mark the end of their impactful tenures, and Quilter expresses gratitude for their significant contributions.
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