– UK, London – Quilter plc (LSE:39FT), announces that Ruth Markland has been appointed as a non-executive Director and Senior Independent Director of the Company, effective on admission of the Company’s ordinary shares to the premium listing segment of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange which is currently expected to take place on 25 June 2018. Ruth will also be a member of the Corporate Governance and Nominations Committee, the Audit Committee and the Remuneration Committee.
Ruth is the seventh Director to be appointed to the Board since Glyn Jones became Chairman in September 2016.
Ruth has extensive FTSE 100 public company experience, having served over 12 years on the Board of Standard Chartered plc, and over 10 years on the Board of The Sage Group plc. During Ruth’s tenure with both companies, she held various positions including Senior Independent Director and Chair of the Remuneration Committee. Ruth is also a member of the Supervisory Board of Arcadis NV and an independent non-executive of Deloitte LLP. In her various board roles, Ruth has also had extensive board committee experience including audit, risk, remuneration, nominations and financial crime risk committees.
Glyn Jones, Chairman of the Board, comments: “I am delighted that Ruth has agreed to join the Board. Ruth’s extensive skills and experience will be a valuable addition to the Board and, as the Senior Independent Director, will provide a wise sounding board to me and my fellow directors. Her public company experience will be invaluable as we move into a listed environment.”
Quilter is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.
On a ‘go forward basis’, Quilter oversees £ 111.6 billion in customer investments (as at 31 March 2018).
It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset solutions; and discretionary fund management.
The business is comprised of two segments: Wealth Platforms and Advice and Wealth Management.
Wealth Platforms includes the Old Mutual Wealth UK Platform; Old Mutual International, including AAM Advisory in Singapore; and the Old Mutual Wealth Heritage life assurance business.
Advice and Wealth Management encompasses the financial planning network, Intrinsic; Old Mutual Wealth Private Client Advisers; discretionary fund management business, Quilter Cheviot; and Old Mutual Wealth’s multi-asset investment solutions business.
For more information : http://www.quiltercheviot.com
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