16th Dec 2019 18:01
(Alliance News) - Hargreaves Lansdown PLC said Monday it has appointed John Troiano as an independent non-executive director effective January 1.
The company said Troiano will also become an independent non-executive director of its subsidiary asset management company, Hargreaves Lansdown Fund Managers Ltd. He will also join the group board risk committee and the Hargreaves Lansdown Fund Managers board.
The company said Troiano has spent 38 years with Schroders PLC, where he held a wide range of roles including investment research and analysis, fund management, and has worked across both the retail and institutional divisions.
Troiano will be retiring from Schroders at the end of 2019, the company said.
Deanna Oppenheimer, chair of the company, said: "John brings global asset management and investment experience, adding further breadth to the knowledge base and skills of the group board."
"John's appointment to both the group board and the Hargreaves Lansdown Fund Managers board reflects the ongoing focus we have in ensuring strong governance," Oppenheimer said.
Hargreaves Lansdown shares closed up 7.0% in London at 2,088.66 pence each on Monday.
By Loreta Juodagalvyte; [email protected]
Copyright 2019 Alliance News Limited. All Rights Reserved.
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