TIDMCBP

RNS Number : 3320V

Curtis Banks Group PLC

09 August 2022

9 August 2022

Curtis Banks Group plc

("Curtis Banks" or the "Group")

Directorate Change

Curtis Banks (AIM: CBP), one of the UK's leading SIPP providers, today announces that Will Self has stepped down as Chief Executive Officer and an Executive Director of the Group Board with immediate effect.

The Group is commencing a search process to appoint a new Chief Executive. In the interim David Barral, who was appointed to the board in May 2022, will become Executive Chairman.

David has over 40 years of experience in financial services, having previously been CEO of Aviva UK and Ireland Life, Aviva's largest business unit, achieving profit of GBP1bn. Previous positions at Aviva included sales director, marketing director and chief operating officer. He is also currently Non-Executive director Chair of Rowanmoor Group and Non-Executive director of The Pensions Superfund. Previous Non-Executive roles have included chair of Embark Group, senior independent director of LV Group, Non-Executive director of LV General Insurance, independent customer champion at Quilter and chair of Virgin Wines.

David Barral, Executive Chairman of Curtis Banks, commented: "On behalf of the Board, I would like to thank Will for the significant contribution he has made to Curtis Banks and wish him the very best for the future. Whilst the market backdrop remains difficult, we have the right bench strength to navigate these markets and take advantage of the opportunities ahead of us. We look forward to updating our shareholders on our financial and operational performance at our Interim results on 8 September 2022".

For more information, please contact:

 
 Curtis Banks Group PLC                   Via Instinctif Partners 
 Dan Cowland - Chief Financial Officer 
 
 Peel Hunt LLP (Nominated Adviser & 
  Joint Broker)                           +44 (0)20 7418 8900 
 James Britton 
 Paul Shackleton 
 
 Singer Capital Markets (Joint Broker)    +44 (0)20 7496 3000 
 Mark Taylor 
 Rachel Hayes 
 
 Instinctif Partners (Financial PR)       curtisbanks@instinctif.com 
 Mark Walter                              +44 (0)20 7457 2020 
 Joe Quinlan

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END

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August 09, 2022 02:00 ET (06:00 GMT)

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