Appointment of Non-Executive Director

RNS Number : 8208S

S & U PLC

22 March 2016

 

S&U Plc ("S&U" or "the Company")

Appointment of non-executive director

22 March 2016

S&U is pleased to announce that on 21 March 2016 Tarek Khlat was appointed non-executive director of the Company.

Anthony Coombs, Chairman of S&U commented:

"We are very pleased that Tarek has accepted our invitation to join the S&U Board. Tarek brings to S&U over fifteen years of experience in finance and wealth management and has an enviable track record of building and managing global financial services businesses."

Tarek will serve on the audit, nomination and remuneration committees.

Other than set out below, there are no other items requiring disclosure under paragraph 9.6.13 of the UKLA Listing Rules:

Co-founded Crossbridge Capital LLP in 2008 and currently Group CEO, leading the firm's businesses that serve the investment needs of high net worth families globally.

Prior to launching Crossbridge Capital LLP, he was Managing Director and Group Head for the Middle East at Credit Suisse in London.

Before joining Credit Suisse, Tarek was a Vice-President at JP Morgan Private Bank from 1995 to 2000.

From 1988 to 1993, he worked for several leading media companies including CNN where he headed the financial news gathering division, and Fox Broadcasting Company where he held editorial roles.

Tarek is a Trustee and Patron of the NSPCC and holds a BA degree in Economics from Georgetown University and an MBA degree from Harvard Business School.

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For further information, please contact:

S&U plc  Anthony Coombs Chairman		www.suplc.co.uk 0121 705 7777
Broker & Financial Advisor Chris Hardie Arden Partners		0207 614 5917
Media and Investor Relations Will Swan Smithfield		0207 360 4900

 

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