STM Group welcomes Peter Smith to its Board as Independent Director

– UK, London –  STM Group PLC (LON: STM) today announced the appointment of Peter Smith to its Board as an Independent Non-Executive Director with immediate effect.

“I am delighted to welcome Peter to the Board of STM. Peter brings a wealth of leadership experience in the quoted financial services sector. The Board and I very much look forward to working with him, as we develop and implement our growth strategy.” said Board Chair, Nigel Birrell.

Peter will join the Audit & Risk Committee as Chair and the Remuneration Committee as a member.

About Peter Smith

Peter Smith is a Chartered Accountant and has extensive experience in the financial services sector. Peter was CFO of Lighthouse Group plc from 2008 until 20219 when the business was acquired by Quilter plc. Most recently, Peter has been an adviser to Quilter in respect of its integration with Lighthouse Group Plc. Between 2005-2008, Peter was CFO of Sumus Plc, another quoted financial services business, which was subsequently acquired by Lighthouse. PBeforethis, Peter held several senior finance roles, including corporate finance partner at KPMG.

About STM

STM is a multi-jurisdictional financial services group traded on AIM, a market operated by the London Stock Exchange. The Group specializes in the administration of client assets about retirement, estate and succession planning, and wealth structuring.

Today, the Group has operations in the UK, Gibraltar, Malta, Australia, and Spain. STM has developed a range of pension products for UK nationals and internationally domiciled clients and has two Gibraltar life assurance companies that provide life insurance bonds – wrappers in which a variety of investments, including investment funds, can be held.

STM’s growth strategy is focused on both organic initiatives and strategic acquisitions.

For more information  https://www.stmgroupplc.com/

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