Changes to Board TBC Bank Group PLC ( TBC PLC ) announces the appointment of three new independent Non-Executive Directors: Eran Klein, Per Anders Fasth, and Thymios P. Kiriakopoulos to the TBC PLC Board with effect from 4 May 2021. Subject to the National Bank of Georgia s approval, in line with the mirror boards structure, TBC PLC intends to appoint them to the Supervisory Board of its main subsidiary JSC TBC Bank ( the Bank ) as well. Following collective discussions, TBC PLC Board is pleased to announce that it has voted unanimously for the election of these new independent Non-Executive Directors. Consequently, Nikoloz Enukidze, Nicholas Dominic Haag, and Eric J. Rajendra have conclusively agreed not to stand for re-election at the forthcoming AGM. TBC PLC Board thanks Messrs. Enukidze, Haag, and Rajendra for their extensive contribution to the growth of TBC into the largest bank in Georgia and welcomes the new members
By BFN News | 01:20 PM | Friday 30 April, 2021 TBC Bank Group has announced the appointment of three new independent non-executive directors: Eran Klein, Per Anders Fasth, and Thymios P. Kiriakopoulos, with effect from 4 May 2021.
The board voted unanimously for the appointments.
Consequently, Nikoloz Enukidze, Nicholas Dominic Haag, and Eric J. Rajendra have conclusively agreed not to stand for re-election at the forthcoming AGM.
Eran Klein is an experienced international senior banker and lawyer who held senior roles over decades in leading financial institutions such as Commerzbank, Citibank, ING Financial Markets and Deutsche Bank across both developed and emerging markets.
Per Anders Fasth is an independent non-executive director with a proven track record as an executive. Mr Fasth has been a senior executive for 20 years - at the leading North-European Bank SEB and as CEO of SBAB Bank - as well as a top-tier consultant for 10 years at McKinsey and QVARTZ (now Bain & Comp
EXECUTIVE CHANGES: Prudential names board of Jackson Financial
Fri, 30th Apr 2021 16:16
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Friday and not separately reported by Alliance News:
Prudential PLC - London-based insurer - Names board for US business Jackson Financial Inc, which become effective upon Jackson s demerger from Prudential. In addition to Non-Executive Chair Steven Kandarian and Chief Executive Officer Laura Prieskorn, who will be an executive director, Prudential named five additional independent directors. Gregory Durant is vice chair of accountants Deloitte LLP. Derek Kirkland is former managing director & co-head of the Global Financial Institutions Group at Morgan Stanley s Financial Institutions Group in Investment Banking. Martin Lippert is former head of global technology & operations at insurer MetLife Inc. Russell Noles is former chief operating officer of Nuveen, a subsidiary of Teachers
TRADING UPDATES: UK Oil & Gas annual loss widens on impairments
Fri, 16th Apr 2021 19:37
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
UK Oil & Gas PLC - London-headquartered exploration and production company - Posts pretax loss for the year ended September 30 last year of GBP20.9 million, widening from GBP5.4 million a year prior. Revenue increases to GBP908,000 from GBP213,000. Books GBP10.7 million impairment expense, up from GBP2,000 the year before. Does not declare a dividend, unchanged from the year prior. I have experienced many oil price downturns in my career, but none have been as unexpected or severe as 2020. Fortunately, the company and industry have been resilient enough to survive and adapt and to witness the hoped for bounce back in oil price. We all hope this will be long lived, says Chief Executive Stephen Sanderson.