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Pin to quick picksDesign Group Regulatory News (IGR)

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Appointment of Group Chief Financial Officer

5 May 2023 07:00

RNS Number : 4957Y
IG Design Group PLC
05 May 2023
 

5 May 2023

IG Design Group Plc

('Design Group' or the 'Group')

Appointment of Group Chief Financial Officer

IG Design Group plc, one of the world's leading designers, innovators and manufacturers of Gift Packaging, Celebrations, Craft & Creative Play, Stationery, Gifting and related product categories, is pleased to announce the appointment of Rohan Cummings as Chief Financial Officer, effective from 3rd July 2023.

Rohan joins the Group from Devro Limited (formally Devro PLC which was listed on the LSE), a global leader in the supply of collagen casing and films, where he has been the group's CFO since 2020. During his tenure, Rohan was instrumental in the delivery of revenue growth and increased profitability. Devro supplies to customers in 100 countries through its global manufacturing footprint.

After qualifying as a Chartered Accountant with PricewaterhouseCoopers, Rohan has held a number of senior positions within global organisations.  Between 2016 and 2020 Rohan spent four years at Asahi Group Holdings, the Japanese global beer, spirits, soft drinks and food group, as CFO of Asahi International and CFO of Asahi Europe. Prior to this, Rohan spent 14 years at SABMiller joining in 2002, working in a number of international finance roles across that group culminating in CFO for Birra Peroni in 2014, where he implemented strategies to support revenue and profitability growth. Rohan played an important role in the carve out of the businesses acquired by Asahi Group in 2016 as part of the ABInbev acquisition of SABMiller.

Stewart Gilliland, Chair of IG Design Group, said:

"We are delighted to welcome someone of Rohan's calibre to the Group. Rohan has extensive PLC experience, has worked within complex global operations as well as significant commercial and strategic capabilities. The board and I are looking forward to working with him as we continue on our journey of driving the business forward."

The following information on Rohan Cummings, aged 48, is provided in accordance with rule 17 of the AIM Rules for Companies:

Mr Cummings holds or has held the following directorships/partnerships in the past five years:

Current Directorships/Partnerships

Former Directorships/Partnerships (past five years)

Devro Limited (formally plc) - resignation effective by 30 June 2023

 

 

Nectar Imports Limited

Meantime Brewing Company Limited

The Darkstar Brewing Company Limited

PGM Procurement Limited

Cornish Orchards Ltd

Asahi Brands UK Limited

Asahi Premium Brands Ltd

Asahi UK Ltd

Asahi International Ltd

Grolsch Canada Inc.

Peroni Brewing Quebec Inc.

Birra Peroni s.r.l.

Asahi Beer Asia Ltd - Hong Kong

AE Brands Korea

NAB Korea Company

Koninklijke Grolsch N.V.

There is no further information to be disclosed pursuant to Schedule Two (g) of the AIM Rules for Companies.

For further information, please contact:

IG Design Group Plc

Stewart Gilliland, Chair

Paul Bal, CEO & CFO

Tel: +44 (0)1525 887310

 

Canaccord Genuity Limited (Nomad and Broker)

Bobbie Hilliam 

Tel: +44 (0)20 7523 8000

 

Alma PR

Sam Modlin

Josh Royston

Pippa Crabtree

Tel: +44 (0)20 3405 0209

designgroup@almapr.co.uk

 This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310.Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

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