MAN appoints new Non-Executive Director

RNS Number : 8294P

Man Group plc

10 October 2011

 



Man Group plc

10 October  2011

MAN APPOINTS NEW NON-EXECUTIVE DIRECTOR

Man Group plc ("Man") is pleased to announce the appointment of Nina Shapiro as a non-executive director with immediate effect.

Nina has had a lifetime career of senior roles within the World Bank and was Vice President, Finance and Treasurer of the International Finance Corporation from 2000 to 2011.

After joining the World Bank as a Young Professional in 1978, she held a variety of positions in both the World Bank and IFC.  She was Director of Project Finance and Guarantees at the World Bank where she developed the Bank's partial risk guarantee instrument in project finance and the partial credit guarantee in capital market transactions. She managed the IFC's funding, liquid asset investments, asset liability management, and initiatives in structured finance and in local currency and risk hedging instruments.  She also managed the IFC's B-Loan program.

Nina holds an MBA from Harvard Business School, where she received a Sheldon Fellowship, and a Masters in Planning from Harvard Graduate School of Design.

Jon Aisbitt, Chairman of Man, said:

"I am delighted to welcome someone with Nina's wealth of international financial policy experience to the Board. Her deep knowledge of both global capital markets and emerging economies will bring valuable insights into policy developments with regard to financial markets around the world."

ENDS

Enquiries

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Man Group

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About Man

Man is a world-leading alternative investment management business. It has expertise in a wide range of liquid investment styles including managed futures, equity, credit and convertibles, emerging markets, global macro and multi-manager, combined with powerful product structuring, distribution and client service capabilities. As at 30 September 2011, Man managed $65.0 billion. The original business was founded in 1783. Today, Man Group plc is listed on the London Stock Exchange and is a member of the FTSE 100 Index, with a market capitalisation of more than £3 billion.

Man is a member of the Dow Jones Sustainability World Index and the FTSE4Good Index. Man also supports many awards, charities and initiatives around the world, including sponsorship of the Man Booker literary prizes. Further information can be found at www.mangroupplc.com

 

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