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STM Group appoints nonexecutive chairman

London-based asset manager STM Group PLC appointed Duncan Crocker nonexecutive chairman, effective immediately.

Crocker was the managing director of U.K. intermediated housing/mortgage sector business at insurer Legal & General Group PLC, which he left in 2014. He currently serves as nonexecutive director of Zurich Intermediary Group Ltd. and London & Country Mortgages Ltd.