– UK, Green Luton – Orchard Funding Group PLC (LON: ORCH), the finance company which specialises in insurance premium finance and the professions funding market today announced that its Chairman, Gary Jennison has notified the Board that he will not be seeking re-election at the Annual General Meeting and so will retire from the Board, effective 12th December 2019.
Orchard also announced that Mark Sismey-Durrant will be appointed Chairman and Steven Hicks will be appointed as Non-Executive Director and Chairman of Risk Committee. The appointment of Mark Sismey-Durrant and Steven Hicks will take effect from the conclusion of the AGM.
“We are delighted to appoint Mark Sismey-Durrant and Steven Hicks to our Board. Mark has many years of banking experience, with the most recent being a Board Director and Chief Executive Officer of Hampshire Trust Bank plc. Steven also has many years of banking experience and is currently Chair of Risk Committee at UK State Bank of India Limited. Both Mark and Steven will be key to our future banking aspirations.” said Ravi Takhar, CEO.
“We would also like to thank Gary Jennison for his many years of support and dedication to our business. We wish him the very best for the future.” he added.
For more information: https://www.orchardfundinggroupplc.com
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