Saga Regulatory News (SAGA)

20 September 2018

Saga plc

("Saga" or "the Group")

Directorate Change

Saga plc, the UK's specialist in products and services for life after 50, is pleased to announce the appointment of James Quin as Group Chief Financial Officer and Executive Director with effect from 1 January 2019.

James joins Saga from Zurich Insurance Group, where his most recent role has been UK Chief Financial Officer, spanning the UK Property & Casualty and Life Insurance operations.

James is a seasoned Insurance executive. He has over 28 years of senior leadership experience with Zurich, as an equity analyst with several sell side institutions, and as a chartered accountant at PwC. He is an associate of the Institute of Chartered Accountants in England and Wales.

Commenting on the appointment, Lance Batchelor, Group Chief Executive Officer, said:

"I am delighted to have recruited someone of James's experience and calibre as CFO. He has extensive strategic, investor and operational finance experience within the Insurance industry and will be a valuable member of the leadership team as we target investment in new customer acquisition to deliver long term value for the Group."

James commented: "I'm really pleased to be joining Saga and look forward to working with the management team to build upon recent investments and initiatives which will support the next exciting chapter for the business."

James does not currently have any interest in shares in Saga.

There is no further information which would require disclosure under 9.6.13R of the Listing Rules of the UK Listing Authority.

END

Saga plc

Mark Watkins, Director of Investor Relations Tel: 07738 777 479

Email: mark.watkins@saga.co.uk 

MHP

Tim Rowntree/Simon Hockridge/Reg Hoare Tel: 020 3128 8742

Email: saga@mhpc.com 

Notes to editors

Saga is a specialist in the provision of products and services for life after 50. The Saga brand is one of the most recognised and trusted brands in the UK and is known for its high level of customer service and its high quality, award winning products and services including cruises and holidays, insurance, personal finance and publishing. www.saga.co.uk