26th Feb 2007 07:38
Innovation Group PLC26 February 2007 26 February 2007 THE INNOVATION GROUP PLC Appointment of Finance Director The Innovation Group ("the Group", LSE: TIG), which provides outsourcingservices and software solutions to the world's insurance providers, is pleasedto announce the appointment of John Sidwell as Group Finance Director. John, 53,will take up his role on 19 March 2007, at which time he will join the Board. Between 1991 and 2000, he held a number of financial directorships within RoyalSun & Alliance Insurance PLC and became UK Finance Director in 1998. Between2001 and 2004 he was Group Finance Director for Mitsui Sumitomo Insurance'sLondon and European operations. Recently he has been a director of MagellanConsultancy Services, which specialises in providing technology and businessprocess advice for organisations moving towards offshore outsourcing. John, agraduate of Oxford University, qualified as a Chartered Accountant in 1980 withDeloitte Haskins and Sells. Paul Hemsley, the interim Finance Director, will continue to work with theGroup's management until the publication of the interim results in May to ensurea smooth handover. Hassan Sadiq, Chief Executive of The Innovation Group, commented: "I am delighted that John will shortly be joining our Board. He bringssignificant international financial and insurance industry experience with himand we look forward to his contribution." There is no other information to be disclosed in respect of John Sidwellpursuant to paragraph 9.6.13 of the Listing Rules. Enquiries: Innovation Group PLC Hassan Sadiq, Group Chief Executive 01489 898 300 College Hill Sara Musgrave 020 7457 2020 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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