20 October 2022
CITY OF LONDON GROUP PLC
("CoLG" or the "Company")
Chief Financial Officer to leave Recognise Bank
The Company announces that David Jenkins, Chief Financial Officer of Recognise Bank Limited, the Company's principal operating subsidiary, is to leave after three years with the Bank, effective as of 30th November 2022.
Jean Murphy, CEO of Recognise Bank, said:
"During his time at Recognise Bank, David has made a major contribution through the mobilisation period and in gaining our licence to become a fully trading SME Bank. David has supported the Board in the development and evolution of the Bank's strategy, and he leaves behind a strong finance and treasury team that will continue that support.
"I would like to thank him for the contribution he has made and wish him every success for the future."
Whilst a search is undertaken for a new Chief Financial Officer, Prasad Pitale, Head of Finance at Recognise Bank will take responsibility for the Finance team.
ENDS
| For further information, please contact: |
| City of London Group plc |
| Georgina Behrens (Group Counsel) |
| Shore Capital (Nominated Adviser and Broker) | +44 (0)20 7408 4090 |
| Tom Griffiths |
|
| Guy Wiehahn |
|
| Iain Sexton |
|
| | |
| For media enquiries, please contact: | +44 (0) 7801 105001 |
| Paul Beadle (Head of Communications) | |
| Email - Paul.Beadle@recognisebank.co.uk | |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.