18 November 2024
CPPGroup Plc
("CPP Group", the "Group", or the "Company")
Board Appointments
CPP Group (AIM: CPP), a provider of real-time, digitally delivered assistance products which reduce disruptions to everyday life for millions of people across the world, is pleased to announce the appointments of Alice Glenister as a Non-Executive Director and Eleanor Sykes as an Executive Director in her role of Group Chief Operations Officer, both with effect from 18 November 2024.
Alice Glenister is a parametric insurance specialist with a track record in structuring and launching parametric insurance products. She has over 12 years of experience in the insurance industry, the last five of which have been focused on parametric solutions. Alice is currently Head of Parametric Solutions at Miller Insurance Services LLP, a leading international insurance broker and has previously held senior managerial and underwriting roles at Mastercard, Generali Global Corporate and Commercial, and Chaucer Syndicates Limited. She is an Associate of the Chartered Institute of Insurance, having qualified in 2012 and has an MSc in Insurance and Risk Management from Bayes Business School.
Eleanor Sykes joined CPP Group in 2016 as Group Head of Internal Audit, before becoming Director of Risk, Audit and Assurance in January 2021. She was appointed as Group Chief Operations Officer in May 2022. Eleanor qualified as a Chartered Accountant in 2003 and holds extensive experience in the financial services sector, with more than 12 years spent in the mutual sector including almost 10 years as the Head of Internal Audit for Engage Mutual Assurance.
David Morrison, Chairman of CPP Group, commented:
"We are delighted to welcome Alice and Eleanor to the Board. Their appointments reflect the increasing tilt by CPP Group towards the development of Blink Parametric, in which Eleanor has been playing an important role. Alice brings to the Board extensive knowledge of the rapid developments taking place in the wider world of parametric insurance and we will benefit from her experience in the sector."
The following disclosures are provided in respect of Alice May Glenister, aged 32, pursuant to Schedule 2(g) of the AIM Rules for Companies. Alice does not hold any ordinary shares in the capital of the Company.
| Current directorships / partnerships | Previous directorships / partnerships in last 5 years |
| None | None |
| | |
The following disclosures are provided in respect of Eleanor Jane Sykes, aged 48, pursuant to Schedule 2(g) of the AIM Rules for Companies. Eleanor holds 13,988 ordinary shares in the capital of the Company.
| Current directorships / partnerships | Previous directorships / partnerships in last 5 years |
| Blink Parametric UK Limited Blink Parametric Holdings Limited CPPGroup Services Limited | None |
| CPP Innovation Limited
| |
There are no further disclosures required in accordance with AIM Rule 17 or Schedule 2(g) of the AIM Rules for Companies for either Eleanor Sykes or Alice Glenister.
Enquiries:
CPP Group plc
Simon Pyper, Chief Executive Officer Tel: +44 (0)7917 795601
David Bowling, Chief Financial Officer
Panmure Liberum
(Nominated Adviser and Sole Broker) Tel: +44 (0)20 3100 2000
Richard Lindley
Will King
Joshua Borlant
About CPP Group:
CPP Group is a technology-driven assistance company that creates embedded and ancillary real-time assistance products and resolution services that reduce disruption to everyday life for millions of people across the world, at the time and place they are needed, CPP Group is listed on AIM, operated by the London Stock Exchange.
For more information on CPP Group visit https://corporate.cppgroup.com/
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