M&G announces Elisabeth Stheeman to join its Board as Independent Director

– UK, London –  M&G plc (LON: MNG) today announced the appointment of Elisabeth Stheeman to its Board as an Independent Non-Executive Director effective 1 August 2024.

Elisabeth Stheeman will join the Audit and Risk Committees.

The company also announced the appointment of Clare Thompson, who has been the acting Senior Independent Non-Executive Director since 24 May 2023, as the Senior Independent Director.

“I am delighted we have attracted someone of Elisabeth’s calibre to the M&G Board. She brings a wide mix of executive and non-executive experience across a range of sectors and geographies that will be valuable in supporting our growth and transformation journey.I would also like to thank Clare Thompson for agreeing to continue as SID. Her experience and counsel are much appreciated by me and the rest of the Board.” said Board chair, Edward Braham.

About Elisabeth Stheeman

Elisabeth Stheeman has significant non-executive experience on various Boards and organizations within the private and public sectors in the UK, Germany, and France. She recently completed her second three-year term on the Bank of England’s Financial Policy Committee, having also served as a member of the Bank of England’s Financial Markets Infrastructure Board, and as a senior advisor to the Prudential Regulation Authority.

She is Chair of the Edinburgh Investment Trust plc, a Non-Executive Director of W. P. Carey Inc, and an External Member of the Audit and Risk Committee of the Asian Infrastructure Investment Bank. She ended her final terms on the Bank of England’s FPC in February 2024 and the Bank of England’s FMI Board in December 2023.

Elisabeth also has over 30 years of executive experience in global blue-chip organizations across a range of different sectors, including banking, real estate, private equity, and investment management. She was previously Global COO for LaSalle Investment Management and before that worked at Morgan Stanley for 25 years across a variety of sectors including Real Estate and the Financial Institutions Group.

SOURCE: https://www.mandgplc.com/

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