St James's Place Regulatory News (STJ)

29 May 2007 12:01

St. James's Place PLC29 May 2007 CEO APPOINTMENT AT ST. JAMES'S PLACE St. James's Place plc ("SJP"), the wealth management group, is delighted toannounce the appointment of David Bellamy, the Group's Managing Director overthe last five years, as its Chief Executive with immediate effect. David took over responsibility for the day to day running of the Group,following the departure of the previous CEO, earlier this year. His appointmentfollows a thorough search process conducted by the Nomination Committee, chairedby Michael Sorkin, the Senior Independent Non Executive Director. Mike Wilson, Chairman, said: "Our decision to appoint David is a reflection of the Board's confidence in hisexperience and proven management ability. David has been with St James's Placesince the Group's inception 15 years ago. He is highly thought of bothinternally and externally." David Bellamy, Chief Executive, said: "I am delighted to have the opportunity to lead St James's Place. We have anexcellent and very experienced management team and I look forward to workingwith them to continue to grow the business." Enquiries Mike Wilson, Chairman, St James's Place Tel: 020 7514 1907Anita Scott, Brunswick Tel: 020 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange