28th Jun 2016 07:01
28 June 2016
BCA Marketplace plc
("BCA")
Appointment of Independent Non-Executive Director
BCA provides customer-centric solutions along the automotive value chain, fuelling the largest used-vehicle remarketing exchange in the UK and Europe, and announces the appointment with effect from today of David Lis as an independent non-executive director to further strengthen its Board.
David was Chief Investment Officer, Equities and Multi Assets, of Aviva Investors before his retirement in March 2016. David began his career as an investment analyst at NatWest, following which he became a fund manager at J Rothschild Investment Management and Morgan Grenfell. David founded Windsor Investment Management, serving as managing director until its acquisition by RBS fund management arm, Capital House. David joined Norwich Union Investment Management in 1997 (later merging to form Aviva Investors), before becoming Head of Equities in 2012 and subsequently Chief Investment Officer, Equities and Multi Assets.
David is a non-executive director of Melrose Industries plc and Electra Private Equity plc.
David is also a director of The Investor Forum, a body launched in 2014 with the backing of the National Association of Pension Funds, the Association of British Insurers and the Investment Association, which aims to promote the value of long-term investment by facilitating better engagement between UK public companies and their shareholders.
Commenting on David's appointment, BCA's Executive Chairman, Avril Palmer-Baunack, said:
"We are delighted to welcome David to the Board. His long-standing investor experience will be of significant benefit to BCA and will complement and further strengthen our existing Board's blend of experience and expertise. David will bring considerable value to the Board as BCA continues to progress its established strategy."
There is no additional information required to be disclosed pursuant to Listing Rule 9.6.13R in relation to the appointment of David Lis.
Enquiries:
Square1 Consulting (PR advisers)
David Bick +44 (0)20 7929 5599
Bell Pottinger (Financial PR)
David Rydell +44 (0)20 3772 2500
Cenkos Securities plc (Financial adviser and joint broker)
Ian Soanes, Liz Bowman +44 (0)20 7397 8900
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