– UK, Edinburgh – Standard Life plc (LSE:SL) announces that Paul Matthews, UK and Europe Chief Executive Officer, and Colin Clark, Director, Global Client Group, have been appointed executive directors of the Company. These appointments take effect from 1 November 2015.
Paul Matthews joined Standard Life in 1989 and, following senior roles in distribution and relationship management, was appointed UK Chief Executive Officer in 2011 and UK & Europe Chief Executive Officer in 2012. He was appointed to the Board of Standard Life Assurance Limited in 2007.
Colin Clark joined the Board of Standard Life Investments (SLI) in 2004 as a non-executive director. In 2010, he assumed executive responsibility for global client relationship activity, including client management, product development, distribution management and also brand management. Prior to joining SLI, he enjoyed a successful twenty-year career with Mercury Asset Management (MAM)/Merrill Lynch Investment Managers (MLIM).
Commenting on the appointments of Paul Matthews and Colin Clark, Sir Gerry Grimstone, Chairman of the Company, said: “The needs of our clients are firmly at the heart of our business and our decision making. Between them Paul and Colin have exceptional pension, investment and client management experience and their appointment to the Board further supports that focus.”
Following these appointments, the Company’s Board will comprise the Chairman, four executive directors and eight non-executive directors. The Board will be made up of four women and nine men.
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