logo
  

Lombard Risk Management Names Nigel Gurney CFO

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.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Consumer Product Safety Commission or CPSC has announced recalls including earmuffs, racer car toys, log splitters and cylinder kits, hampshire cribs, and air rifles, citing various reasons. 3M Co. has recalled Peltor X4 Series Earmuffs citing risk of overexposure to loud noise and sound, while Santa Monica, California -based JAKKS Pacific Inc. has called back children's Mario Kart... Lincoln Park, New Jersey -based ConSup North America Inc. is recalling around 85,984 pounds of ready-to-eat or RTE sliced prosciutto ham product produced in Germany without the benefit of equivalent inspection, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. French drug major Sanofi reported Thursday weak profit in its first quarter, despite higher net sales. The company also maintained its fiscal 2024 outlook. Sanofi shares were gaining around 4 percent in Paris trading as well as in pre-market activity on the Nasdaq.

A busy week for economics saw the release of first quarter growth figures for the U.S. economy and the interest rate decision in Japan. Read our stories to find out why the GDP data damped market sentiment in the U.S. and what were the signals given out by the Bank of Japan. Other news this week included new home sales data and jobless claims figures from the U.S., and the latest purchasing managers' survey results for the Eurozone.

View More Videos
Follow RTT