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Man Group Appoints Ex-Morgan Stanley Co-President Cruz Non-Executive

29th Mar 2018 10:12

LONDON (Alliance News) - Man Group PLC said Thursday it appointed former Morgan Stanley Co-President Zoe Cruz as non-executive director of the investment manager from the start of June.

Cruz - who also serves as non-executive at Old Mutual PLC - is currently the chief executive of EOZ Global.

She has over 35 years of "broad investment and operational experience" which includes "a deep understanding of financial markets and investment management", Man explained in a statement. Cruz spent 25 year at Morgan Stanley where she rose to co-president of the US banking giant until 2007.

"Zoe's senior-level experience within global financial institutions, extensive knowledge of investment management and financial markets, and her strong US perspective will make her a valuable adviser and contributor to the development of Man Group's business," Man Chairman Ian Livingston said. "We are delighted to welcome her to Man Group's Board."

Shares in Man Group were 1.3% higher at 173.30 pence on Thursday.


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