12th Dec 2018 13:50
LONDON (Alliance News) - City Of London Group PLC said Wednesday it appointed Simon Wainwright as the first non-executive director for its subsidiary, Recognise Financial Services Ltd.
Wainwright is currently managing director and chief operating officer for Europe, Middle East and Africa at global reinsurer Reinsurance Group of America Inc.
Prior to this, he held a number of roles at HSBC Holdings PLC.
His appointment underpins the company's stated strategy to build a business to provide financial services to the UK small and medium-sized business market, City Of London Group explained.
Shares in the financial services firm were untraded at 136.00 pence each on Wednesday afternoon.
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