Last checked at 15 Jun 2023 07:00
15 June 2023
BROOKS MACDONALD GROUP PLC
Appointment of Chief Financial Officer
Brooks Macdonald Group plc ("The Group", "Brooks Macdonald") is pleased to announce the appointment of Andrea Montague as Executive Director and Chief Financial Officer effective 1 August 2023, subject to regulatory approval.
Andrea has a breadth of experience in the UK long-term savings and asset management sector, with an extensive board and executive track record. She was most recently Group Chief Risk Officer at Aviva, where she had previously been Group Chief Financial Controller. Prior to that, Andrea held senior Finance leadership positions at Royal London and Standard Life and earlier in her career she worked at Scottish & Newcastle and PricewaterhouseCoopers.
Commenting on the appointment, Acting Chairman Richard Price said: "I am delighted to welcome Andrea to Brooks Macdonald. She was the outstanding candidate in a strong field and the depth of her experience will be enormously valuable to the Group in continuing to drive forward our ambitious growth strategy."
Andrea Montague, incoming Executive Director and Chief Financial Officer, added: "I am excited to join Brooks Macdonald, a business with a strong focus and a clear strategy. I look forward to working with Andrew Shepherd, his team and the Board to accelerate the company's growth."
AIM disclosures
During the five years immediately preceding the date of this announcement, Andrea Gertrude Martha Montague (née Bell), who is 48 years old, held the following directorships:
Current
None
Previous
Tomorrow's People Trust Limited
General Accident plc
Aviva International Holdings Limited
Friends Life Holdings Limited
Aviva Central Services UK Limited
Aviva Europe UK Societas
RL Finance Bonds No. 2 plc
RL Finance Bonds No. 3 plc
RL Finance Bonds No. 4 plc
Royal London Asset Management Limited
While Andrea Montague was a Director of Tomorrow's People Trust Limited, a charity supporting young people from disadvantaged backgrounds, the company entered administration in 2018 and completed a corporate voluntary arrangement in 2021.
There is no further information to be disclosed pursuant to Schedule Two Part (g) of the AIM Rules for Companies.
-END-
Enquiries to:
Brooks Macdonald Group plc
Andrew Shepherd, CEO
www.brooksmacdonald.com
020 7927 4816
Peel Hunt LLP (Nominated Adviser and Broker)
Paul Shackleton / Andrew Buchanan / John Welch
020 7418 8900
FTI Consulting
Edward Berry / Katherine Bell
brooksmacdonald@fticonsulting.com
07703 330199 / 07976 870961
Notes to editors
Brooks Macdonald Group plc, through its various subsidiaries, provides leading wealth management services in the UK and internationally. The Group, which was founded in 1991 and began trading on AIM in 2005, had discretionary Funds under Management of £16.8 billion as at 31 March 2023.
Brooks Macdonald offers a range of investment management services to private high net worth individuals, pension funds, institutions, charities and trusts. The Group also provides financial planning as well as international investment management, and acts as fund manager to a range of onshore and international funds.
The Group has fifteen offices across the UK and Crown Dependencies including London, Birmingham, Cheltenham, East Anglia, Exeter, Leeds, Manchester, Nuneaton, Southampton, Tunbridge Wells, Scotland, Wales, Jersey, Guernsey and Isle of Man.
LEI: 213800WRDF8LB8MIEX37