M&G Regulatory News (MNG)

M&G PLC NEWS RELEASE

4 March 2021

CLARE CHAPMAN JOINS THE BOARD OF M&G PLC

Clare Chapman is to join the board of M&G plc, the leading international savings and investments business, as Non-Executive Director with effect from 15 March 2021. She will become Chair of the Remuneration Committee and a member of the Risk and Nomination Committees.

She is a non-executive director and chairs the remuneration committee at G4S, Weir Group and Heidrick & Struggles and also chairs Acas, the Advisory, Conciliation and Arbitration Service for Great Britain. Previously her executive career included HR leadership roles at BT Group, the UK Department of Health and Social Care and Tesco, as well as international roles at Pepsi-Cola International and Quaker Oats. Her previous non-executive experience includes over nine years at Kingfisher where she also chaired the remuneration committee. 

Commenting on the appointment, Fiona Clutterbuck, interim Chair of M&G plc, says: "I am delighted to welcome Clare to the Board, who brings a wealth of leadership experience in both international business and the public sector, including experience on listed company boards. She will bring great value to M&G plc."

As announced to the market on 19 June 2020, Robin Lawther will step down from the Board on 15 March 2021.

-ENDS-

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About M&G plc

M&G plc is an international savings and investments business, managing money for both individual savers and institutional investors in 28 markets. As at 30 June 2020, we had £339 billion of assets under management and administration, around 5 million retail customers and more than 800 institutional clients.

With a heritage dating back more than 170 years, M&G plc has a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. We serve our savings and insurance customers under the Prudential brand in the UK and Europe and for asset management in South Africa, and under the M&G Investments brand for asset management clients globally.

Disclosures

Ms Chapman holds no interest in any shares of M&G plc. Ms Chapman is considered to be independent for the purposes of the UK Corporate Governance Code. Save as disclosed above, there is no further information required to be disclosed pursuant to Listing Rule 9.6.13 (1) - (6) of the Listing Rules of the Financial Conduct Authority.

LEI: 254900TWUJUQ44TQJY84

Classification: 3.1 Additional regulated information required to be disclosed under the laws of a Member State