27 Nov 2015 07:00
27 November 2015
Lombard Risk Management plc
("Lombard Risk" or the "Company")
Alastair Brown appointed as Chief Executive Officer
Lombard Risk Management plc (AIM:LRM.L), a leading provider of integrated collateral management and regulatory reporting solutions for the financial services industry, is pleased to announce that Mr Alastair Brown will join the Board as Chief Executive Officer with effect from 1 December 2015.
Alastair will report to Philip Crawford who will continue to serve as Executive Chairman for the remainder of the financial year before Philip returns to his role as Non-Executive Chairman with effect from 1 April 2016.
Alastair joins from Royal Bank of Scotland ('RBS') where he worked for 15 years in a variety of technology leadership roles in Global Banking and Markets, Chief Information Officer of International Banking and most recently Head of eChannels, Global Transaction Services. Alastair began his career in technology management at NatWest Markets.
Philip Crawford, Chairman of Lombard Risk Management, commented: "After an extensive search process we are delighted that Alastair has agreed to join Lombard Risk Management as CEO. Alastair has a wealth of experience and long track record of success in roles very relevant to our business. I am confident he will make a significant contribution to the development of Lombard Risk Management."
Alastair Brown commented on his appointment: "I am extremely pleased to be joining Lombard Risk Management at this exciting stage in the Company's development. The Company has a renewed focus and a strong and growing pipeline and I look forward to leading the business toward further growth."
Alastair Martin James Brown, aged 46, has not held any Directorships in the past five years. He currently has no shareholding in Lombard Risk Management.
Save for the declarations above there is no further information to be disclosed under Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.
For further information, please contact:
Lombard Risk Management plc Philip Crawford, Executive Chairman Nigel Gurney, Finance Director
| Tel: 020 7593 6700 |
Panmure Gordon (UK) Limited (Nominated Adviser and Broker) Russell Cook James Greenwood Erik Anderson
| Tel: 020 7886 2500 |
Newgate (Financial PR) Tim Thompson Bob Huxford Robyn McConnachie | Tel: 020 7653 9850 |