8th Feb 2013 10:00
RESOLUTION LIMITED
(the "Company")
Resolution Limited
8 February 2013
MEMBERSHIP OF BOARD COMMITTEES
Resolution Limited announces that the members of the principal committees of the Board of directors will be as set out below with effect from 28 March 2013, subject to shareholder approval of the constitutional changes required to give effect to the proposed governance changes and to regulatory approval.
Audit Committee
Tim Wade (Chairman) David Allvey Phil Hodkinson Karl Sternberg
| Remuneration Committee
Nick Lyons (Chairman) Mike Biggs Sir Malcolm Williamson David Allvey Phil Hodkinson
|
Risk Committee
David Allvey (Chairman) Mel Carvill Nick Lyons Robin Phipps Belinda Richards Tim Wade
| Investment Oversight Committee
Karl Sternberg (Chairman) Peter Gibbs Nick Lyons
|
Nomination Committee
Mike Biggs (Chairman)* Sir Malcolm Williamson David Allvey Mel Carvill Phil Hodkinson Belinda Richards
|
|
*Sir Malcolm Williamson will take over as chairman of the Nomination Committee when he succeeds Mike Biggs as Chairman of the Company.
In addition to the board members announced on 19 October 2012, the Company expects to appoint an additional non-executive director in due course, and a search process is under way.
Enquiries:
Investors/analysts
Neil Wesley, Resolution Operations LLP +44 (0)203 372 2928
Media
Alex Child-Villiers, Temple Bar Advisory +44 (0)7795 425580
Note to editors
Certain amendments are required to be made to the Company's constitution in order, among other things, to permit the changes to the board composition announced on 19 October 2012. Shareholder approval of the constitutional amendments will be sought at a General Meeting to be convened in time to complete the proposed governance changes by the end of March 2013.
The Company's ordinary shares were admitted to the Official List and to trading on the main market of the London Stock Exchange in December 2008. The Company transferred to a premium listing as it completed its first acquisition, Friends Provident Group plc, on 4 November 2009 and is subject to those provisions of the Listing Rules that apply to overseas companies with a premium listing. The Company completed its second acquisition, the majority of the AXA UK life business, on 15 September 2010. On 31 January 2011, the Company completed its third acquisition, the shares and business of Bupa Health Assurance Limited.
A copy of this announcement is available, subject to certain restrictions relating to persons resident in restricted jurisdictions, for inspection on the Company's website at www.resolution.gg
For the avoidance of doubt any other information contained on the Company's website does not form part of this announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
Related Shares:
FLG.L