Man Group plc (LON:EMG) has announced that, in accordance with Listing Rule 9.6.11R, Alberto Musalem will step down from the Board and as a member of the Remuneration Committee, Audit and Risk Committee and Nomination and Governance Committee on 29 February 2024. This follows the announcement that Alberto will be appointed as the next President and Chief Executive Officer of the Federal Reserve Bank of St. Louis with effect from 2 April 2024.
Anne Wade, Chair of Man Group, said: “We want to congratulate Alberto on this prestigious appointment and are confident that he will have meaningful positive impact in his new role. That said, we are very sad to see him leave the Man Group Board as his contributions since his appointment have been invaluable. We are grateful that we will continue to benefit from his expertise and insights until the end of February. On behalf of the Board, I wish Alberto all the very best as he undertakes this new opportunity.“
Information equivalent to that required under section 430(2B) of the UK Companies Act 2006 will be made available on the Company’s website.
