– UK, London – finnCap Group PLC (LON: FCAP) today announced the appointment of John Farrugia to its Board of Directors as CEO Designate following regulatory due diligence, to succeed Sam Smith who will step down as CEO and as a director on 1 September 2022
The company also announced the appointment of Geoff Nash, a founding shareholder and key member of the 2007 MBO, to its Board of Directors, subject to regulatory due diligence.
“I am very pleased to confirm that John Farrugia, currently the Managing Partner of finnCap Cavendish, is going to be appointed as CEO Designate. We also are pleased that Geoff Nash is joining the Board to ensure that it has direct access to insight on the capital markets industry and will represent the capital markets team. He has been in the finnCap business for over 16 years having joined two years prior to the MBO. We look forward to welcoming both of them to the Board and working with them in the future.” said Board Chairman, Robert Lister.
About Geoff Nash
Geoff Nash is a senior leader in the ECM business and his appointment establishes a balanced and appropriate Board structure that reflects the two key businesses within the Group.
About John Farrugia
John Farrugia became Managing Partner of finnCap Cavendish and joined the Group’s executive committee in November 2020. He has over 20 years of experience in investment banking, primarily within mergers and acquisitions.
John Farrugia said: “I am looking forward to stepping into the role of CEO Designate, and we will now start the handover process to ensure a smooth transition. What has been achieved over the past 24 years under Sam’s leadership has been truly remarkable and I am delighted to be entrusted with the leadership of the Group and continue developing the business over the foreseeable future.
We have built an exceptional financial services business providing a range of financial products and services unrivaled in the market in which we operate. I look forward to working alongside the dedicated and hardworking colleagues across the Group over the years to come.”
About finnCap
finnCap Group is a leading advisory firm for the business of tomorrow. The sector specialist service offering ranges from ECM and IPO to Plc strategic advisory, debt advisory, M&A, and private growth capital. finnCap Group comprises finnCap Capital Markets, finnCap Cavendish as a market-leading strategic M&A firm and has a global reach through its membership of Oaklins.
For more information: https://www.finncap.com/
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