B.p Marsh Regulatory News (BPM)

25 Feb 2008 16:17

B.P. Marsh & Partners PLC25 February 2008 Date: 25th February 2008 On behalf of: B.P. Marsh & Partners Plc ("B. P. Marsh" or the "Company")For Immediate Release B.P. Marsh & Partners PlcDirectorate Change B. P. Marsh (AIM: BPM), a niche venture capital provider to early stagefinancial services businesses, announces that Natasha Dunbar is stepping down asits Managing Director to become a non-executive director the Company. Inaddition, Natasha will retain her nominee directorships on the boards of LEBCGroup Limited, Besso Holdings Limited and Summa Insurance Brokerage S. L., allcompanies in which the Company is an investor. The changes are with immediateeffect with Natasha's executive responsibilities being assumed by the Company'smanagement team. Commenting on the change, Brian Marsh OBE, Chairman of B.P. Marsh, said: "On behalf of the Board, I would like to thank Natasha for the significantcontribution she has made since she joined the Company in 1994. We aredelighted that we will continue to have the benefit of working with Natasha inher new role as a non-executive director and that she will also sit on theboards of three of our investee companies." - ends - For further information: B.P. Marsh & Partners Plc www.bpmarsh.co.ukBrian Marsh OBE +44 (0)20 7730 2626 Nabarro Wells & Co. Limited (Nominated Adviser)David Nabarro/Marc Cramsie +44 (0)20 7710 7400 Redleaf Communications (PR to BP Marsh)Emma Kane/Tom Newman +44 (0)20 7822 0200 -ends- Notes to Editors: B.P. Marsh's current portfolio contains ten companies. More detaileddescriptions of the portfolio can be found at www.bpmarsh.co.uk. Over the past 18 years, the Company has assembled a management team withconsiderable experience both in the financial services sector and in managingprivate equity investments. Many of the directors have worked with each other inprevious roles, and all have worked with each other for at least three and ahalf years. Prior to Brian Marsh's involvement in the Company, he spent many years ininsurance broking and underwriting in Lloyd's as well as the London and overseasmarket. He has over 30 years' experience in building, buying and sellingfinancial services businesses, particularly in the insurance sector. Francis de Zulueta is the Company's Development Director. With a wide-rangingknowledge of the financial services market, he seeks out, researches andevaluates potential new investments for B.P. Marsh. Following a 23-year brokingcareer with Willis Faber and Aon, among others, he took an active interest inthe mergers, acquisitions and venture capital business of Marsh McLennan. Jonathan Newman is the Group Director of Finance and has nine years' experiencein the financial services industry. Jonathan advises investee companies throughseveral non-executive board appointments and evaluates new investmentopportunities. Robert King is a Director and Group Company Secretary. He joined B.P. Marsh inMay 2003 having started his career at PricewaterhouseCoopers. Since joining theCompany he has taken on responsibility for the legal, compliance and secretarialfunctions and played a key role in the flotation of the Company. This information is provided by RNS The company news service from the London Stock Exchange