Last checked at 1 May 2024 12:00
Impax Asset Management Group plc
("Impax" or the "Company")
Board appointment
Impax, the AIM-listed specialist investor focused on the transition to a more sustainable economy, is pleased to announce the appointment of Lyle Logan as Non-Executive Director, effective 1 May 2024. Lyle will sit on the Company's Audit & Risk and Remuneration Committees.
Lyle Logan has considerable experience within the wealth management, asset management and asset servicing space. He is currently Vice Chairman of Northern Trust, the latest role in a career at the Chicago-based financial services company spanning more than 20 years. Previously he was Head of the Global Strategic Relationship Management Group and Managing Director of Institutional Sales & Client Servicing for Northern Trust Global Investments, and Senior Vice President & Head of Chicago Private Banking within Northern Trust's Personal Financial Services division.
Prior to joining Northern Trust, Lyle worked at Bank of America (formerly Continental Bank) in Chicago, where he held several leadership positions as a Senior Vice President in the Private Bank and Domestic Portfolio Management Group. He holds a B.A. degree in Accounting and Economics from Florida A&M University and an M.B.A. degree in Finance from the University of Chicago.
Sally Bridgeland, Chair, said:
"It's a real pleasure to welcome Lyle to the Impax Board. Lyle brings a comprehensive understanding of the wealth and asset servicing industry and a deep knowledge of US client needs."
Lyle Logan said:
"I've followed Impax's trajectory and focus on the transition to a more sustainable global economy. It's tremendously exciting to contribute to the company's future strategic direction."
Required disclosures pursuant to paragraph (g) of schedule 2 of the AIM Rules
During the five years immediately preceding the date of this announcement, Lyle Logan, who is 64 years old, held the following directorships:
Current
· Director - Northern Trust Securities, Inc
· Director - Northern Trust International Banking Corporation
· Non-Executive Director - The Chicago Club
· Non-Executive Director - Ann & Robert H. Lurie Children's Hospital of Chicago
· Non-Executive Director - The Field Foundation of Illinois, Inc
· Non-Executive Director - Heidrick & Struggles International, Inc
Previous
· Member of the Board of Directors - Adtalem Global Education Inc
· Member of the Bord of Trustees - Chamberlain University
There is no further information to be disclosed pursuant to Schedule Two Part (g) of the AIM Rules for Companies.
LEI number: 213800AJDNW4S2B7E680
- Ends -
Enquiries:
Impax Asset Management Group plc Ian Simm, Chief Executive Paul French, Head of Corporate Communications p.french@impaxam.com
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+44 (0)20 3912 3000 +44 (0)20 3912 3032 |
Montfort Communications Gay Collins Jack Roddan impax@montfort.london
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+44 (0)77 9862 6282 +44 (0)7825 670695 |
Peel Hunt LLP, Nominated Adviser and Joint Broker Andrew Buchanan Dan Webster
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+44 (0)20 7418 8900 |
Berenberg, Joint Broker James Felix |
+44 (0)20 3207 7800 |
Dan Gee-Summons
LEI number: 213800AJDNW4S2B7E680
Notes to Editors - About Impax Asset Management
Founded in 1998, Impax is a specialist asset manager, with assets under management of approximately £39.6 billion as at 31 March 2024 in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable global economy.
Impax believes that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency. These trends will drive growth for well-positioned companies and create risks for those unable or unwilling to adapt.
The company seeks to invest in higher quality companies with strong business models that demonstrate sound management of risk. Impax offers a well-rounded suite of investment solutions spanning multiple asset classes seeking superior risk-adjusted returns over the medium to long term.
Impax has approximately 300 employees1 across its offices in the United Kingdom, the United States, Ireland, Hong Kong and Japan making it one of the investment management sector's largest investment teams dedicated to sustainable development.
www.impaxam.com
1 Full-time equivalent
Issued in the UK by Impax Asset Management Group plc, whose shares are quoted on the Alternative Investment Market of the London Stock Exchange. Impax Asset Management Group plc is registered in England & Wales, number 03262305. AUM relates to Impax Asset Management Limited, Impax Asset Management (AIFM) Limited, Impax Asset Management Ireland Limited and Impax Asset Management LLC. Impax Asset Management Limited and Impax Asset Management (AIFM) Limited are authorised and regulated by the Financial Conduct Authority and are wholly owned subsidiaries of Impax Asset Management Group plc. Please note that the information provided on www.impaxam.com and links from it should not be relied upon for investment purposes.
Impax is trademark of Impax Asset Management Group Plc. Impax is a registered trademark in the EU, US, Hong Kong and Australia. © Impax Asset Management LLC, Impax Asset Management Limited and/or Impax Asset Management (Ireland) Limited. All rights reserved.