Appointment of Non-Executive Director

RNS Number : 3557I

PensionBee Group plc

14 April 2022

 

PensionBee Group plc

Incorporated in England and Wales

Registration Number: 13172844

LEI: 2138008663P5FHPGZV74

ISIN: GB00BNDRLN84

14 April 2022

PensionBee Group plc

Appointment of Non-Executive Director

PensionBee Group plc ("PensionBee" or the "Company"), a leading online pension provider, is pleased to announce that Lara Oyesanya has been appointed to the board of PensionBee (the "Board") as a Non-Executive Director, with effect from the earlier of the date of the Company's anticipated transfer to the premium segment of the main market of the London Stock Exchange (the "Transfer") or 21 April 2022.

Lara is the General Counsel and Company Secretary at Zepz Group, the international money transfer service operating across its main brands, WorldRemit and SendWave, serving as a member of their executive team.

She has extensive legal, regulatory and commercial experience across multiple industries, as well as significant compliance, governance and data privacy expertise. She was previously General Counsel and Chief Risk Officer at Contis Group and has held a number of senior roles at FTSE 100 and financial services businesses including Klarna and Barclays.

Lara is a barrister of the Supreme Court of Nigeria and a Solicitor of the Senior Courts of England and Wales. She is a member of the Nominating and Governance Committee at Plan International Worldwide and a co-opted Member of the Committee on Benefactions and External and Legal Affairs, a committee of the University of Cambridge Council, advising the Vice Chancellor.

Additionally, Lara is a Trustee of the Shaw Trust, a charity helping to transform the lives of young people and adults across the UK and Plan International UK, the UK branch of the global children's rights non-profit organisation.

Mark Wood CBE, Chairman of PensionBee, commented:

"I am delighted to welcome Lara to the Board. Lara brings a wealth of valuable experience gained through her years of working in leading financial services institutions in both the private and public sectors. We will benefit from her insight as PensionBee continues on its exciting growth journey."

Romi Savova, Chief Executive Officer of PensionBee, said:

"Lara will be a fantastic addition to our Board. Her deep understanding of legal, regulatory and governance matters further strengthens the existing mix of skills and experience on our Board and our shared values of always doing the right thing by our customers, colleagues and society."

Lara Oyesanya, added:

"I have followed PensionBee's growth story for a number of years and long admired their industry leading customer proposition, but also their commitment to upholding the highest standards. I am excited to be a member of the Board and look forward to working with Mark, Romi and the team as they build on their success to date."

Enquiries:

Tulchan Communications James Macey White Elizabeth Snow Laura Marshall	[e-mail] [phone]
PensionBee Rachael Oku Laura Dunn-Sims	[e-mail]

About PensionBee

PensionBee is a leading online pension provider, enabling customers to interact with their savings through its unique combination of smart technology and dedicated customer service.

Since it was founded in 2014 by Romi Savova, PensionBee has been a challenger in an industry ripe for disruption. It has grown rapidly by helping consumers to solve the challenges they face when it comes to locating, combining and managing their pension savings. PensionBee counts 117,000 Invested Customers from 18-80 years of age with 2.6 billion in Assets under Administration as at 31 December 2021. Its range of pension plans are tailored to its customers and are managed by some of the world's largest money managers including BlackRock, HSBC, Legal & General and State Street Global Advisors.

PensionBee uses its proprietary technology and Open APIs to allow customers to manage their pension easily, view their live balance, and with the help of a smart calculator to plan their savings, make contributions and withdrawals online, all with transparency on fees. It continuously engages with customers through its dedicated customer account managers using jargon-free communication and listens to feedback to develop new tools which help customers to easily plan for their retirement. PensionBee has consistently maintained a Customer Retention Rate and an AUA Retention Rate of >95% and an Excellent Trustpilot rating.

 

END

 

 

BOAFZGMDFFZGZZZ