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Board Appointment

5 Jan 2010 07:00

RNS Number : 0011F
AssetCo PLC
05 January 2010
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ο»Ώ

JanuaryΒ 5thΒ 2010

BOARD APPOINTMENT

Further to the announcement on 4thΒ November,Β AssetCo plc is pleased to announce that Andrew Freemantle CBEΒ has joinedΒ the Board of the Company as a non-executive director withΒ effect fromΒ 1stΒ January 2010.

Andrew Freemantle, age 65, has extensive leadership experience in complex, multi-site organisations providing mission critical services to the public both in the UK and Internationally.

He has recently retired as Chief Executive of the Royal National Lifeboat Institution a position he held for ten years. The RNLI is the world's largest lifeboat service with an annual budget of over Β£124 million, operating with 450 lifeboats from 235 lifeboat stations with 1,250 staff and 4,700 volunteer crew. During his tenure at the RNLI, Andrew introduced many successful initiatives including the building and opening of a residential training college and survival centre, new Strategic Performance Standards, competency based training of lifeboat crew and RNLI lifeguards on 150 public beaches. He also developed overseas commercial interests, which capitalise on the RNLI's extensive experience by providing expertise and support to lifeboat services worldwide, including the Middle East and Asia.

He currently owns 8,480 shares in the company.

Enquiries:Β 

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AssetCo

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Tel: +44 (0) 20 8515 3999

John Shannon,Β ChiefΒ ExecutiveΒ Officer

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James Collins, Investor Relations

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Pelham Public Relations

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Tel: +44 (0) 20 7337 1550

Alex Walters

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Francesca TuckettΒ 

Arden PartnersΒ - NOMAD

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Β Tel: +44 (0)Β 20 7614 5932

Richard Day

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Adrian TrimmingsΒ 

This information is provided by RNS
The company news service from the London Stock Exchange
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BOAUGUAUGUPUGMC
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