Lombard Risk Management plc. (LRM.L), a provider of integrated collateral management, regulatory compliance and reporting solutions for the financial services industry, said that Nigel Gurney will be joining the company as Chief Financial Officer and is expected to become a board member from 1 September 2014.
Nigel has 20 years of experience in the financial services, wholesale distribution and telecommunications industries. He is currently Chief Financial Officer at Lepe Partners LLP, a specialist independent banking company. Prior to this Nigel was Chief Financial Officer of Merchant Securities Group plc, now the London stockbroking arm of Sanlam Limited and prior to that he was Chief Financial Officer of W.H. Ireland Group plc.
In a separate press release, Lombard Risk Management said it will be holding its AGM at 9.30 a.m. today.
At the meeting the Chairman will make statements. Trading since the year end has been ahead of the same time in the previous year and the company remains on target to achieve the market growth forecasts for the current year. These growth expectations are supported by recent new licence wins and additional new orders won with existing customers. The company expects, as in the previous two years, that revenues for the year will be weighted to the second half.
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