Man Group plc Directorate Change
04 Septiembre 2024 - 1:00AM
RNS Regulatory News
RNS Number : 7784C
Man Group plc
04 September 2024
Directorate Change
4 September 2024
Appointment of Paco Ybarra to
the Man Group Board
Man Group plc (the "Company")
announces, in accordance with Listing Rule 6.4.6 the appointment of
Paco Ybarra as a non-executive director of the Company with effect
from 6 September 2024. He will also join the Nomination and
Governance Committee on the same date.
Anne Wade, Chair of Man Group,
said: "I am very
pleased to welcome Paco to the Man Group Board. He is a highly respected veteran of the global banking
industry who brings exceptional experience in capital markets
across multiple asset classes and geographies from his senior
leadership roles at Citigroup. I am confident he
will add significant value to Man Group and
complement the skillset of the Board as a whole."
Paco Ybarra - previous
experience
Paco spent 36 years at Citigroup
("Citi") leading a range of regional and global markets businesses,
latterly as CEO of the Institutional Client Group, which represents
over 65% of Citi's global revenues. He retired in June of
2024.
After spending five years leading
Citi's Fixed Income division, Paco was promoted to Global Head of
Markets and Securities Services in 2011 and broadened his
asset-class exposure by leading businesses across both Equities and
Commodities. He spent the last five years of his Citi career on the
Group Executive Committee, running the Institutional Client Group,
which alongside the Markets business, also included Commercial and
Transactional Banking as well as, for a period, Wealth
Management.
Paco has been immersed in the
development of markets technology over the past 10 years, including
partnering with technology teams at Citi to undertake projects
focused on the electronification of trading; building new systems
to lower transaction costs and increase market
efficiencies.
The Company confirms that no other
disclosures are required pursuant to Listing Rule 6.4.8.
Enquiries
Man Group
Communications
Georgiana
Brunner
+44 20 7144
1000
communications@man.com
Investor
Relations
Karan Shirgaokar
+44 20 7144 1434
investor.relations@man.com
Company Secretary
Juliet Dearlove
+44 20 7144 1540
company.secretarial@man.com
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