BAE SYSTEMS announces Elizabeth Corley to its Board as upcoming Non-Executive Director

– UK, London – BAE Systems plc is pleased to announce the appointment of Elizabeth Corley as a non-executive director of the Company with effect from 1 February 2016.

Elizabeth Corley has served as Chief Executive of Allianz Global Investors since 2012, and announced recently that she will be stepping back from this role to take on a position with AllianzGI as vice chair on a part time non-executive basis with effect from March 2016. Prior to joining Allianz in 2005, Elizabeth spent eleven years working at Merrill Lynch Investment Managers (formerly Mercury Asset Management). She was previously a partner with Coopers & Lybrand.

She is currently a non-executive director of Pearson plc, a position she has held since May 2014. In addition, she is a non-executive director of the UK Financial Reporting Council, and of the supervisory board of Euler Hermes, is a member of the European Securities and Markets Authority’s stakeholder group and an advisory council member of TheCityUK Limited.

Sir Roger Carr, Chairman of BAE Systems plc said: “I am delighted to welcome Elizabeth Corley to the BAE Systems Board. She is a business woman who in recent years has made a notable contribution to the investment industry and UK business in general. We very much look forward to her joining us.”

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