– UK, Manchester – AJ Bell Plc (LON: AJB), one of the UK’s largest investment platforms, today announced the appointment of Baroness Helena Morrissey DBE and Evelyn Bourke to its Board as Non-Executive Directors, effective on 1 July 2021.
Subject to regulatory and shareholder approvals, she should be appointed to succeed Les Platts as Chair at the next AGM, to be held on January 2022. She will join the Board as Chair designate on 1 July 2021.
“The appointments of Helena Morrissey and Evelyn Bourke further strengthen the AJ Bell Board and will help develop the Company’s ambitious growth strategy. They each have a broad depth of experience in a range of financial services business and we are confident this will bring new ideas to the business that will benefit all our stakeholders. The Board and I would like to thank Les for the vital role he has played in the growth and success of AJ Bell as a Director since 2008 and as Chair since 2014.” said Senior Independent Director, Laura Carstensen.
Les Platts, current Board Chair added: “It has been a great honor to chair the Board at AJ Bell and to help steer the Company through its successful IPO in 2018. The business is full of great people who are totally focused on serving its customers and I’ll leave knowing it has a very bright future. I look forward to welcoming Helena and Evelyn to the Board in July and handing over the Chair to Helena early next year.”
About Helena Morrissey
Helena Morrissey is currently Lead Non-executive Director for the Foreign, Commonwealth, and Development Office, reporting to the Foreign Secretary, and has recently stepped down as Non-executive Director at St James’s Place plc. Previously she was Head of Personal Investing at Legal & General Investment Management and before that was Chief Executive at Newton Investment Management for 15 years. In 2010 Helena founded the 30% Club and has played a leading role in improving diversity on the boards of ‘UK plc’.
Baroness Helena Morrissey DBE commented: “I’ve long admired AJ Bell and its commitment to helping people to invest. Its low-cost, easy-to-use investment platform is exactly what people need to help them start their investing journey and build financial security for themselves and their families. The business is growing quickly and I’m looking forward to joining the team to help build on that success and shape the future direction of the company.”
About Evelyn Bourke
Evelyn Bourke is currently Non-executive Director at Marks & Spencer Group plc and Non-executive Director and Chair of Audit Committee at Bank of Ireland Group plc. She was Chief Executive of Bupa until December 2020 and previously held senior roles at several financial services businesses including Friends Provident, Standard Life, and Chase de Vere.
Evelyn Bourke commented: “AJ Bell is a fantastic business operating in an exciting part of the market. More than ever people need to take control of their long-term savings and investments, whether that be via a financial adviser or doing it themselves. Whichever route they prefer, AJ Bell offers the products and investment solutions they need to build and manage their wealth and I’m looking forward to contributing to the next phase of its development.”
About AJ Bell
Established in 1995, AJ Bell is one of the largest investment platforms in the UK.
We operate in both the advised and direct-to-consumer segments of the platform market and our flagship platform propositions are AJ Bell Investcentre and AJ Bell Youinvest.
We offer SIPPs, ISAs, and General Investment / Dealing Accounts which provide access to a broad investment range including shares and other instruments traded on the major stock exchanges around the world, as well as all mainstream collective investments available in the UK and our own range of AJ Bell funds. We also offer a Cash savings hub which provides access to a range of competitive savings accounts to help people manage their cash savings.
We aim to make it easy for our customers to save and invest by providing them with online tools and information to help them build and manage their portfolios.
AJ Bell is headquartered in Manchester, UK.
For more information: https://www.ajbell.co.uk
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