14th Dec 2015 07:49
LONDON (Alliance News) - Man Group PLC on Monday said the potential appointment of Lord Livingston as the successor to Chairman Jon Aisbitt is subject to regulatory review.
The hedge fund investment manager said in May that Aisbitt planned to step down from his role following the company's annual general meeting of shareholders in May 2016.
Man Group's confirmation of the potential appointment of Lord Livingston, the former trade minister and BT Group PLC chief executive, followed a Sky News report which said he was set to become chairman of the group.
By Samuel Agini; [email protected]; @samuelagini
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