Last checked at 26 Apr 2019 07:00
26 April 2019
For Immediate Release
XPS Pensions Group plc
(the "Company" or "XPS")
Directorate Change
XPS Pensions Group plc is pleased to announce that Snehal Shah has been appointed as Chief Financial Officer ("CFO") and Executive Director of the Board, effective 27th June 2019, subject to FCA approval. An orderly handover period is planned to commence during May with departing CFO Mike Ainslie who will leave the Company on 30th June 2019.
Snehal has over 20 years of experience in finance, investor relations, M&A execution and post deal integration. Snehal spent 10 years in the early part of his career with PwC, specialising in complex audits of US and UK listed technology businesses. He joined Ladbrokes plc in 2009 where he held a number of senior finance roles including Group Financial Controller, Head of Investor Relations and Finance Director for Integration following the £2bn merger with Coral Group in 2016. Since leaving Ladbrokes Coral plc in 2017, Snehal has held senior interim finance roles at Parkdean Resorts Ltd and Countrywide plc. Snehal is a Chartered Accountant.
Ben Bramhall, Co-Chief Executive Officer of XPS Pensions Group plc, said: "Snehal brings excellent relevant experience and we are very pleased that he will be joining the Company as CFO. I would also like to thank Mike for everything he has done during what has been a transformational period for XPS."
Paul Cuff, Co-Chief Executive Officer of XPS Pensions Group plc, said: "XPS has a fantastic position in the market and we look forward to working closely with Snehal at what is a really exciting point in our journey."
There is no further information to disclose in accordance with LR 9.6.13.
-Ends-
Enquiries:
XPS Pensions Group | +44 (0)118 918 5110 |
Paul Cuff | |
Liberum (Joint Broker) | +44 (0) 20 3100 2222 |
Richard Crawley | |
Robert Morton | |
Cameron Duncan | |
RBC Capital Markets (Joint Broker) | +44 (0)20 7653 4000 |
James Agnew | |
Jonathan Hardy | |
Gaurav Patel | |
Media Enquiries | |
Camarco | |
Ed Gascoigne-Pees | +44 (0)20 3757 4984 |
Nick Hennis | +44 (0)20 3781 8330 |
Notes to Editors
XPS Pensions Group plc is a UK specialist in pensions actuarial, consulting and administration, providing a wide range of advisory and compliance services to over 1,200 pension scheme clients. XPS Pensions Group combines expertise, insight and technology to address the needs of both pension trustees and sponsoring companies. The Group has over 1,000 employees, of which approximately 90 per cent are client facing, with 15 offices providing the Group with access to staff, expertise and clients in geographic locations across the UK.