15th Oct 2019 17:12
(Alliance News) - River & Mercantile Group PLC said on Tuesday Group Chief Investment Officer Mike Faulkner will step down from the board at the company's annual general meeting in December.
"This change allows Mike Faulkner the time to be fully focussed on the development of our broader investment thinking as Group CIO and the management of the Global Macro strategy," the company explained.
Jack Berry, global head of Complex Clients, will be stepping down from the board at the same time in order to focus on the development of the Solutions business and, in particular, to focus on his growing complex client base.
River & Mercantile shares closed flat at 250.00 pence in London on Tuesday.
By Lucy Heming; [email protected]
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