London, UK, 21 February 2020 - Man Group plc today announces that Matthew Lester, who has served as an independent Non-Executive Director since 2011, will retire from the Board on 26 February 2020.
John Cryan, Chairman of Man Group, said: "I would like to thank Matthew for his excellent contribution to the firm over the past nine years. We have benefitted tremendously from Matthew's deep financial, risk management and regulatory expertise and his guidance on the firm's governance framework as member of the Audit and Risk Committee. On behalf of the Board, I wish him all the best for the future."
The Company confirms that no other disclosures are required pursuant to LR9.6.13R.
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About Man Group
Man Group is a global active investment management firm, which runs $112.7 billion* of client capital in liquid and private markets, managed by investment specialists based around the world. Headquartered in London, the firm has 15 international offices and operates across multiple jurisdictions. Our business has five specialist investment engines, which represent the range of our capabilities: Man AHL, Man Numeric, Man GLG, Man FRM and Man GPM.
These engines house numerous investment teams, working collaboratively within the framework of Man Group, with a high degree of investment autonomy. Each team benefits from the strength and resources of the firm's single operating platform, enabling their primary focus to be seeking to generate alpha for clients. The teams invest across a diverse range of strategies and asset classes with highly specialised approaches, with long only and alternative strategies run on a discretionary and quantitative basis in single and multi-manager formats. Our clients are at the heart of everything we do and we engage in close dialogue with our investors as strategic partners, to understand their particular needs and constraints. Man Group's investment teams are empowered and supported by our institutional infrastructure and technology, which aims to facilitate the efficient exposure to markets and effective collaboration across the organisation.
Through the Man Charitable Trust, Man Group is committed to promoting literacy and numeracy on a global scale, and to supporting charitable causes more broadly.
Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com
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*As at 30 September 2019. All investment management and advisory services are offered through the investment "engines" of Man AHL, Man Numeric, Man GLG, Man FRM and Man Global Private Markets (GPM).
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