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Board moves through Dec. 14


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Board moves through Dec. 14

S&P Global Market Intelligence presents an overview of board changes at European financial institutions. The changes are listed by announcement date in reverse chronological order.

Dec. 14

* Unione di Banche Italiane SpA appointed Alberto Carrara as a member of its supervisory board.

* Zurich Insurance Group AG proposed the election of Jasmin Staiblin to the board of directors of the Swiss group. Staiblin is currently the CEO of Swiss energy firm Alpiq AG, which she intends to leave at the end of 2018. David Nish, who has been a member of the board of directors at Zurich Insurance since 2016, decided to not stand for reelection during the next annual general meeting.

* U.K.-based Moto Finance Plc said Kennedy McMeikan has been appointed as a director, following the resignation of Timothy Charles Moss, effective Nov. 22.

* London Stock Exchange Group PLC named Donald Robert as its new chairman to replace Donald Brydon. Robert will initially join LSE as a nonexecutive director and will become chairman in May 2019. Robert will step down as chairman and as a director of Irish credit data firm Experian PLC at the later of the conclusion of the company's annual general meeting in July 2019, or when a successor is in place.

* Karen Green joined the board of Admiral Group PLC as an independent nonexecutive director. Green will also serve as the chair of the U.K.-based motor insurance company's audit committee, effective Dec. 14, replacing Colin Holmes. Holmes will also resign as a nonexecutive director, nomination and governance committee member, and senior independent director, effective Dec. 31. Subject to relevant regulatory approvals, Owen Clarke will replace Holmes as a senior independent director, while the current nonexecutive director Justine Roberts will take his seat on the nomination and governance committee; both appointments are effective Dec. 31.

* TP Icap PLC named Richard Berliand nonexecutive director and chairman-designate, effective in the first quarter of 2019. Berliand replaces Rupert Robson, who will retire after 12 years on the board of the British interbroker/dealer. Robson will continue in the role until the company's annual general meeting May 15, 2019. Berliand, an ex-JPMorgan exec, will step down from the board of Rothesay Life PLC in the first quarter of 2019 and from the supervisory board of Deutsche Börse AG on May 8, 2019. TP Icap added that Carol Sergeant will retire from the board at year-end, while Stephen Pull will retire at the company's annual general meeting.

Dec. 13

* GAM Holding AG said the number of its board members would be reduced to seven from nine. Larry Hatheway and Tim Dana are stepping down from the board by 2018-end, but would retain their respective positions of group head of GAM Investment Solutions and group head of corporate development, and would still be part of the group's senior management team.

Dec. 12

* Rob Anderson resigned as a nonexecutive director of the board of Provident Financial PLC, effective Dec. 11, after a tenure of more than nine years at the U.K.-based lender.

* Maximilian Jacob Fieguth was appointed as a director of Arqiva Financing No 3 PLC and Arqiva Financing PLC, following the resignation of Deepu Prasad Chintamaneni from the position, effective Nov. 30.

* London-based Abbey National Treasury Services PLC announced the appointment of Andrew Honey as a director of the company.

Dec. 11

* U.K.-based asset manager Janus Henderson Group PLC said Sarah Arkle resigned as a nonexecutive director of the company, effective Feb. 26, 2019, and will be replaced by Eugene Flood as the risk committee's chair with effect from the same date.

* Aoram, which owns the majority stakeholding — just under 33% — in Polish asset manager Skarbiec Holding S.A. voted to elect former finance minister Stanisław Kluza as the chief of the company's supervisory board. Aoram also elected board deputy chair Boguslaw Rajca, and Anna Milewska and Maciej Radziwill. Minority shareholders voted to elect Raimondo Eggink to the five-member board.

* U.K.-based guarantor loan provider Amigo Holdings PLC named Nayan Kisnadwala its new CFO, replacing Simon Dighton, who will remain with the company until June 30, 2019, to ensure a smooth transition. Dighton is also stepping down as an executive director of Amigo's board, to be replaced by Kisnadwala.

Dec. 10

* British interdealer broker ICAP Securities Ltd. named Nicolas Breteau a director, following the stepping down of David Casterton as a director of the company.